REG - Wizz Air Holdings - Posting of Class 1 Circular and Notice of GM

Wizz Air HoldingsAnnouncement

14/07/2023 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230714:nRSN0932Ga&default-theme=true

RNS Number : 0932G  Wizz Air Holdings PLC  14 July 2023

Wizz Air Holdings Plc

14 July 2023

 

 

Press Release

 

 

Wizz Air Holdings Plc

 

(the "Company" and, together with its subsidiaries, "Wizz Air")

Posting of Class 1 Circular and Notice of General Meeting

Geneva, 14 July 2023: Further to the Company's announcement on 14 September
2022 that it had exercised its option to acquire an additional 75 A321neo
aircraft from Airbus and its announcement on 11 July 2023 in respect of the
2023 AGM, the Company is pleased to announce that a Circular relating to the
Proposed Purchase, which includes a notice of general meeting of shareholders
(the "Class 1 General Meeting") and a form of proxy relating to the Class 1
General Meeting, has been posted to shareholders.

 

Given the size of the list price commitments for the Proposed Purchase
relative to the Company, the Proposed Purchase constitutes a "class 1
transaction" under the Listing Rules of the FCA and therefore completion of
the Proposed Purchase is conditional upon shareholder approval. Accordingly,
the Class 1 General Meeting has been convened for this purpose and will be
held at 15:30 p.m. (CEST) (or as soon thereafter, as the Company's 2023 annual
general meeting shall have been concluded or adjourned) on 2 August 2023, at
Crowne Plaza Geneva, Avenue Louis-Casai 75-77, 1216 Geneva, Switzerland.

 

Shareholders who are Non-Qualifying Nationals were sent Restricted Share
Notices informing them of the number of Ordinary Shares that will be treated
as Restricted Shares and consequently the number of Ordinary Shares in respect
of which they shall be entitled to exercise their voting rights at both the
AGM and the Class 1 General Meeting on 11 July 2023. More information on
disenfranchisement can be found on the Company's website at the following
location: https://wizzair.com/en-gb/information-and-services/investor-relations/investors/brexit-q-a
(https://wizzair.com/en-gb/information-and-services/investor-relations/investors/brexit-q-a)
.

 

The Circular has been submitted to the National Storage Mechanism and will
shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm
(http://www.morningstar.co.uk/uk/nsm) and on the Company's website at
http://corporate.wizzair.com/en-GB/ (http://corporate.wizzair.com/en-GB/) .

 

Defined terms:

 

Capitalised terms used in this announcement shall have the same meaning as in
the Company's Articles of Association and, where applicable, the announcement
made by the Company on 11 July 2023.

 

ABOUT WIZZ AIR

 

Wizz Air, the fastest growing European ultra-low-cost airline and one of the
most sustainable, currently operates a fleet of 182 Airbus A320 and A321
aircraft. A team of dedicated aviation professionals delivers superior service
and very low fares, making Wizz Air the preferred choice of 51.1 million
passengers in the financial year F23 ending 31 March 2023. Wizz Air is listed
on the London Stock Exchange under the ticker WIZZ. The company was recently
named one of the world's top ten safest airlines by airlineratings.com, the
world's only safety and product rating agency, and Airline of the Year by Air
Transport World in 2020, as well as Airline of the Year by Air Transport
Awards in 2019 and 2023. Wizz Air has also been recognised as the "Most
Sustainable Low-Cost Airline" within the World Finance Sustainability Awards
2022 and the "Global Environmental Sustainability Airline Group of the Year"
by the CAPA-Centre for Aviation Awards for Excellence 2022.

 

- Ends -

 

For more information:

 

Investors:

Zlatko Custovic, Wizz Air: +36 1 777 9407

 

Media:

Tamara Vallois, Wizz Air: +36 1 777 9324

James McFarlane / Eleni Menikou, MHP Group: +44 (0) 20 3128 8100

 

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  NOGUSARROAUBAAR