REG - Air Astana JSC - Results of EGM

RtxAnnouncement

20/11/2024 15:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241120:nRST0163Na&default-theme=true

RNS Number : 0163N  Air Astana JSC  20 November 2024

20 November 2024

 

 

Results of EGM

 

 

Air Astana Joint Stock Company (the "Company" and, together with its
subsidiary FlyArystan, the "Group"), the largest airline group in Central Asia
and the Caucasus regions by revenue and fleet size, announces that the
following resolutions were duly passed at its Extraordinary General Meeting
held on 15 November 2024:

 

1.   To amend the major transaction earlier approved by the decision of the
General Meeting of Shareholders of the Company dated October 13, 2023 (Minutes
No188) and to enter into a major transaction (series of interrelated
transactions), which is an interested party transaction by entering into an
Assignment Agreement under the Fleet Management Programme of the Airbus
A320neo family for the maintenance of PW1100G type engines between
International Aero Engines, LLC (as the Service Provider), FlyArystan JSC (as
a new party - the Assignee) and Air Astana JSC (as the Assignor) whereby Air
Astana JSC and FlyArystan JSC accept joint liability, with no changes to the
total amount and other terms of the transaction approved earlier.

2.   To authorise the Chief Executive Officer of Air Astana JSC to take all
necessary actions on behalf of Air Astana JSC to implement the above
decision.

 

 

For further information, please visit ir.airastana.com
(https://ir.airastana.com/) or contact:

 

 Air Astana                                                                   Air Astana                                            Instinctif Partners

 Irina Martinez                                                               Bella Tormysheva                                      Galyna Kulachek

 Head of Investor Relations                                                   Vice-President                                        Hannah Scott

 investor.relations@airastana.com (mailto:investor.relations@airastana.com)   Corporate Communications                              airastana@instinctif.com (mailto:airastana@instinctif.com)

                                                                              media@airastana.com (mailto:media@airastana.com)

 

About the Company

 

The Company is the largest airline group in Central Asia and the Caucasus
regions by revenue and fleet size. The Company operates a fleet of 57 aircraft
split between Air Astana, its full-service airline that operated its inaugural
flight in 2002, and FlyArystan, its low-cost airline established in 2019. The
Company provides scheduled, point-to-point and transit, short-haul and
long-haul air travel and cargo on domestic, regional and international routes
across Central Asia, the Caucasus, the Far East, the Middle East, India and
Europe. Air Astana was recognised by SkyTrax as the Best Airline in Central
Asia & CIS twelve times and received the Best Airline Staff Service in
Central Asia & CIS award eight times in a row. FlyArystan was recognized
as the Best Low-Cost Carrier in Central Asia & CIS at the SkyTrax awards
twice. Additionally, Air Astana was awarded a five-star rating in the major
airline category by the Airline Passenger Experience Association (APEX). The
Company is listed on the Kazakhstan Stock Exchange, Astana International
Exchange and London Stock Exchange (ticker symbol: AIRA).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMPPGBPGUPCGCU