REG - Wizz Air Holdings - Result of General Meeting

Wizz Air HoldingsAnnouncement

22/02/2022 17:15

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RNS Number : 4764C  Wizz Air Holdings PLC  22 February 2022

RESULT OF GENERAL MEETING

 

THE RECENT AIRBUS AIRCRAFT ORDER RECEIVES OVERWHELMING SUPPORT FROM
SHAREHOLDERS

 

Geneva, 22 February 2022:  Wizz Air Holdings Plc ("Wizz Air" or the
"Company") announces that at its general meeting (the "GM") held earlier
today, the ordinary resolution was duly passed. The resolution was decided by
a poll.  Further details of the resolution are contained in the notice of GM
which is contained in the circular to shareholders dated 28 January 2022 (the
"Circular").

 

The total voting rights of the Company as at close of business on 18 February
2022, being the time at which shareholders had to be on the Company's
shareholder register in order to be eligible to vote, was 103,072,739.

 

Prior to applying the proportionate disenfranchisement described below, a
total of 95,574,091 votes were cast in relation to the resolution,
representing approximately 92.72% of the issued share capital.  Of all votes
cast, 95,574,034 were votes in favour of the resolution and 57 were votes
against the resolution.

 

Restricted Share Notices (as defined in the Circular) were issued to
shareholders who are Non-Qualifying Nationals (as defined in the articles of
association of the Company) on 31 January 2022. The result of the poll set out
below reflects the proportionate disenfranchisement of Non-Qualifying
Nationals as set out in the Circular and the Restricted Share Notices.

 

The result of the poll, incorporating proxy votes lodged in advance of the GM,
can be found below.

 

 Ordinary Resolution                                                                         Votes For*  %       Votes Against  %     Total Votes (Excluding Votes Withheld)  % of Issued Share Capital Voted  Votes

                                                                                                                                                                                                               Withheld**
             To approve the Proposed Purchase pursuant to the 2021 NEO Purchase Agreement    14,745,699  100.00  5              0.00  14,745,704                              14.31%                           822
             Amendment (each as defined and described in the Circular) of up to 117 Airbus
             A320neo Family Aircraft

 

* Includes discretionary votes.

**A vote withheld is not a vote in law and is not counted towards votes cast
"For" or "Against" a resolution.

 

Details of the Proposed Purchase were set out in the Circular, which was
posted to shareholders on 28 January 2022, and which is available on the
National Storage Mechanism and on the Company's website
at: https://wizzair.com/en-gb/information-and-services/investor-relations/investors/general-meetings
(https://wizzair.com/en-gb/information-and-services/investor-relations/investors/general-meetings)
.

 

The results of the GM will also be made available on the Company's website:
https://wizzair.com/en-gb/information-and-services/investor-relations/investors/general-meetings
(https://wizzair.com/en-gb/information-and-services/investor-relations/investors/general-meetings)
. A copy of the resolution passed at the meeting is being submitted to the
National Storage Mechanism and will be available at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

The Board is pleased that the resolution received strong shareholder support.
The Board appreciates the time taken by shareholders to engage with the
Company in recent months.

 

- Ends-

 

 ABOUT WIZZ AIR

 Wizz Air, the fastest growing European low-cost airline, operates a fleet of
 148 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 10.2 million passengers in the financial year F21 ending 31 March
 2021. 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 (http://airlineratings.com/) , the world's only safety
 and product rating agency, and 2020 Airline of the Year by ATW, the most
 coveted honour an airline or individual can receive, recognizing individuals
 and organizations that have distinguished themselves through outstanding
 performance, innovation, and superior service.

 For more information:

 Zlatko Custovic, Wizz Air                              +36 1 777 9407
 Christie Rawlings, Wizz Air:                           +36 70 685 1583/ +44 7811 155205
 Edward Bridges / Jonathan Neilan, FTI Consulting LLP:  +44 20 3727 1017

 

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