Last checked at 19 Jul 2016 15:04
RESULT OF ANNUAL GENERAL MEETING
ALL ORDINARY AND SPECIAL RESOLUTIONS DULY PASSED
Geneva, 19 July 2016: 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 Company's annual report and accounts for the financial year ended 31 March 2016 together with the related directors' and auditor's report | 39,347,358 | 96.68 | 1,352,377 | 3.32 | 40,699,735 | 70.99% | 73,296 |
2 | To approve the directors' remuneration report for the financial year ended 31 March 2016 | 40,227,451 | 99.31 | 278,241 | 0.69 | 40,505,692 | 70.65% | 236,259 |
3 | To re-elect William A. Franke as a Director | 40,023,563 | 98.78 | 493,779 | 1.22 | 40,517,342 | 70.67% | 224,609 |
4 | To re-elect József Váradi as a Director | 40,691,596 | 99.80 | 81,435 | 0.20 | 40,773,031 | 71.12% | - |
5 | To re-elect Thierry de Preux as a Director | 40,757,697 | 99.96 | 15,334 | 0.04 | 40,773,031 | 71.12% | - |
6 | To re-elect Thierry de Preux as a Director (Independent Shareholder Vote) | 29,935,414 | 99.95 | 15,334 | 0.05 | 29,950,748 | 52.24% | 10,822,283 |
7 | To re-elect Guido Demuynck as a Director | 40,677,481 | 99.77 | 95,550 | 0.23 | 40,773,031 | 71.12% | - |
8 | To re-elect Guido Demuynck as a Director (Independent Shareholder Vote) | 29,858,205 | 99.69 | 92,543 | 0.31 | 29,950,748 | 52.24% | 10,822,283 |
9 | To re-elect Simon Duffy as a Director | 39,202,169 | 96.15 | 1,570,861 | 3.85 | 40,773,030 | 71.12% | - |
10 | To re-elect Simon Duffy as a Director (Independent Shareholder Vote) | 28,379,886 | 94.76 | 1,570,861 | 5.24 | 29,950,747 | 52.24% | 10,822,283 |
11 | To re-elect Stephen L. Johnson as a Director | 33,973,431 | 83.32 | 6,799,599 | 16.68 | 40,773,030 | 71.12% | - |
12 | To re-elect John McMahon as a Director | 39,405,811 | 96.65 | 1,367,219 | 3.35 | 40,773,030 | 71.12% | - |
13 | To re-elect John McMahon as a Director (Independent Shareholder Vote) | 28,583,528 | 95.44 | 1,367,219 | 4.56 | 29,950,747 | 52.24% | 10,822,283 |
14 | To re-elect John R. Wilson as a Director | 40,703,246 | 99.83 | 69,785 | 0.17 | 40,773,031 | 71.12% | - |
15 | To elect Susan Hooper as a director | 40,458,150 | 99.23 | 314,770 | 0.77 | 40,772,920 | 71.12% | - |
16 | To elect Susan Hooper as a director (Independent Shareholder Vote) | 29,635,977 | 98.95 | 314,770 | 1.05 | 29,950,747 | 52.24% | 10,822,283 |
17 | To re-appoint PricewaterhouseCoopers LLP as the Company's auditors | 36,560,710 | 89.69 | 4,200,670 | 10.31 | 40,761,380 | 71.10% | 11,650 |
18 | To authorise the directors and/or the audit committee to agree the auditors' remuneration | 34,303,598 | 88.26 | 4,562,979 | 11.74 | 38,866,577 | 67.79% | 1,905,689 |
19 | To authorise the directors to allot shares or grant rights to subscribe for or to convert any security into shares | 38,187,284 | 93.68 | 2,574,097 | 6.32 | 40,761,381 | 71.10% | 11,650 |
Special Resolution | ||||||||
20 | To empower the directors pursuant to Articles 21 of the Articles to allot Equity Securities for an Allotment Period | 36,609,536 | 89.81 | 4,151,845 | 10.19 | 40,761,381 | 71.10% | 11,650 |
*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 Thierry de Preux, Guido Demuynck, Simon Duffy, John McMahon and elect Susan Hooper as directors of the Company were approved by (a) the shareholders of the Company (resolutions 5, 7, 9, 12 and 15) and (b) the independent shareholders of the Company (resolutions 6, 8, 10, 13 and 16).
Ms. Wioletta Rosolowska was appointed after the notice of today's AGM was sent to our shareholders and was not put forward for re-election at this meeting. In accordance with the Company's articles of association, the Board has re-appointed Ms. Rosolowska with effect from the end of this AGM.
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.hemscott.com/nsm.do).
The total voting rights of the Company as at 1:00 p.m. on 17 July 2016, being the day on which shareholders had to be on the Company's shareholder register in order to be eligible to vote, was 57,332,121.
The AGM results will also be made available on the Company's website: http://www.wizzair.com.
- Ends-
ABOUT WIZZ AIR
Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 71 Airbus A320 and Airbus A321 aircraft, and offers more than 420 routes from 25 bases, connecting 124 destinations across 38 countries. At Wizz Air, a team of approximately 2,600 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 20 million passengers in the financial year ended 31 March 2016. 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 was recently named 2016 Value Airline of the Year by the editors of Air Transport World, one of the leading airline trade magazines.
For more information: | ||
Investors: | Iain Wetherall, Wizz Air: | + 41 22 555 9873 |
Balint Veres, Wizz Air: | + 36 1 777 9349 | |
Media: | Tamara Vallois, Wizz Air: | + 36 70 777 9324 |
Edward Bridges / Jonathan Neilan, FTI Consulting LLP: | + 44 20 3727 1000 | |