Last checked at 24 Jul 2019 16:03
RESULT OF ANNUAL GENERAL MEETING
ALL ORDINARY AND SPECIAL RESOLUTIONS DULY PASSED
Geneva, 24 July 2019: Wizz Air Holdings Plc ("Wizz Air" or "the Company") announces that at its annual general meeting ("AGM") held earlier today, all ordinary and special resolutions were duly passed. All the resolutions were decided by poll.
The results of the poll, incorporating proxy votes lodged in advance of the meeting, can be found below. Further details of each of the resolutions are contained in the notice of AGM which is available at http://corporate.wizzair.com.
Resolution | Votes For | % | Votes Against | % | Total Votes | % of Issued Share Capital Voted | Votes Withheld* | |
Ordinary resolutions | ||||||||
1 | To receive the annual report and accounts for the financial year ended 31 March 2019 together with the related directors' and auditor's report. | 53,383,577 | 99.94 | 34,504 | 0.06 | 53,418,081 | 73.39% | 302,234 |
2 | To approve the directors' remuneration report for the financial year ended 31 March 2019. | 46,567,891 | 87.48 | 6,661,874 | 12.52 | 53,229,765 | 73.13% | 490,550 |
3 | To re-elect William Franke as director. | 49,549,867 | 92.76 | 3,868,214 | 7.24 | 53,418,081 | 73.39% | 302,234 |
4 | To re-elect József Váradi as director. | 53,592,759 | 99.79 | 112,676 | 0.21 | 53,705,435 | 73.78% | 14,881 |
5 | To re-elect Guido Demuynck as director. | 47,752,402 | 88.93 | 5,946,932 | 11.07 | 53,699,334 | 73.77% | 15,681 |
6 | To re-elect Guido Demuynck as director. (INDEPENDENT VOTE) | 48,387,713 | 90.10 | 5,317,721 | 9.90 | 53,705,434 | 73.78% | 14,881 |
7 | To re-elect Simon Duffy as director. | 50,625,990 | 94.28 | 3,073,344 | 5.72 | 53,699,334 | 73.77% | 15,681 |
8 | To re-elect Simon Duffy as director. (INDEPENDENT VOTE) | 50,632,090 | 94.28 | 3,073,344 | 5.72 | 53,705,434 | 73.78% | 14,881 |
9 | To re-elect Susan Hooper as director. | 53,655,242 | 99.92 | 44,093 | 0.08 | 53,699,335 | 73.77% | 15,681 |
10 | To re-elect Susan Hooper as director. (INDEPENDENT VOTE) | 53,661,342 | 99.92 | 44,093 | 0.08 | 53,705,435 | 73.78% | 14,881 |
11 | To re-elect Stephen Johnson as director. | 53,545,759 | 99.70 | 159,676 | 0.30 | 53,705,435 | 73.78% | 14,881 |
12 | To re-elect Barry Eccleston as director. | 53,611,124 | 99.82 | 94,311 | 0.18 | 53,705,435 | 73.78% | 14,881 |
13 | To re-elect Barry Eccleston as director. (INDEPENDENT VOTE) | 53,611,124 | 99.82 | 94,311 | 0.18 | 53,705,435 | 73.78% | 14,881 |
14 | To elect Peter Agnefjäll as director. | 53,630,024 | 99.87 | 69,311 | 0.13 | 53,699,335 | 73.77% | 15,681 |
15 | To elect Peter Agnefjäll as director. (INDEPENDENT VOTE) | 53,636,124 | 99.87 | 69,311 | 0.13 | 53,705,435 | 73.78% | 14,881 |
16 | To elect Maria Kyriacou as director. | 53,699,237 | 100.00 | 98 | 0.00 | 53,699,335 | 73.77% | 15,681 |
17 | To elect Maria Kyriacou as director. (INDEPENDENT VOTE) | 53,661,342 | 99.92 | 44,093 | 0.08 | 53,705,435 | 73.78% | 14,881 |
18 | To elect Andrew S. Broderick as director. | 53,592,759 | 99.79 | 112,676 | 0.21 | 53,705,435 | 73.78% | 14,881 |
19 | To re-appoint PricewaterhouseCoopers LLP as the Company's auditors. | 52,935,880 | 99.45 | 293,885 | 0.55 | 53,229,765 | 73.13% | 490,550 |
20 | To authorise the directors and/or the audit committee to agree the remuneration of the auditors. | 51,178,777 | 96.15 | 2,050,988 | 3.85 | 53,229,765 | 73.13% | 490,550 |
21 | To authorise allotment of shares. | 46,988,069 | 87.49 | 6,717,366 | 12.51 | 53,705,435 | 73.78% | 14,881 |
22 | To dis-apply pre-emption rights. | 53,518,836 | 99.65 | 186,448 | 0.35 | 53,705,284 | 73.78% | 14,881 |
23 | To dis-apply pre-emption rights in connection with an acquisition or specified capital investment. | 48,200,024 | 89.75 | 5,505,259 | 10.25 | 53,705,283 | 73.78% | 14,881 |
*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
In accordance with paragraph 9.2.2E of the Listing Rules, the resolutions to re-elect Guido Demuynck, Simon Duffy, Susan Hooper, Barry Eccleston, Peter Agnefjäll and Maria Kyriacou as directors of the Company were approved by (a) the shareholders of the Company (resolutions 5, 7, 9, 12, 14 and 16) and (b) the independent shareholders of the Company (resolutions 6, 8 10, 13, 15 and 17).
In accordance with paragraph 9.6.2R of the Listing Rules, a copy of the special resolution approved at the AGM has been forwarded to the Financial Conduct Authority for publication through the Document Viewing Facility and will be accessible via the National Storage Mechanism website (www.morningstar.co.uk/uk/NSM).
The total voting rights of the Company as at 1:00 p.m. on 22 July 2019, being the day on which shareholders had to be on the Company's shareholder register in order to be eligible to vote, was 72,789,295.
The AGM results will also be made available on the Company's website: http://corporate.wizzair.com.
- Ends-
ABOUT WIZZ AIR Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 114 Airbus A320 and Airbus A321 aircraft, and offers more than 650 routes from 25 bases, connecting 147 destinations across 44 countries. At Wizz Air, a team of more than 4,500 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of over 34 million passengers in 2018. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered under the International Air Transport Association (IATA), Operational Safety Audit (IOSA), the global benchmark in airline safety recognition. The company recently received the highest 7-star safety rating by airlineratings.com, the world's only safety and product rating agency, and was recently named 2017 - European Airline of the Year by Aviation 100, a renowned annual publication that recognizes the year's most outstanding performers in the aerospace industry.
For more information: | |
Evelin Horvath, Wizz Air | +41 22 555 9863 |
Tamara Vallois, Wizz Air: | +36 1 777 9324
|
Edward Bridges / Jonathan Neilan, FTI Consulting LLP: | +44 20 3727 1017 |