Last checked at 29 Sep 2015 17:30
RESULT OF ANNUAL GENERAL MEETING
ALL ORDINARY AND SPECIAL RESOLUTIONS DULY PASSED
Geneva, 29 September 2015: 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 2015 together with the related directors' and auditor's report | 39,466,403 | 99.94 | 25,186 | 0.06 | 39,491,589 | 75.42 | 1,713 |
2 | To approve the directors' remuneration report (excluding the directors' remuneration policy) for the financial year ended 31 March 2015 | 38,777,578 | 99.74 | 101,517 | 0.26 | 38,879,095 | 74.25 | 614,207 |
3 | To approve the directors' remuneration policy | 38,578,768 | 99.63 | 141,517 | 0.37 | 38,720,285 | 73.95 | 773,017 |
4 | To re-elect William A. Franke as a Director | 33,252,769 | 86.20 | 5,323,236 | 13.80 | 38,576,005 | 73.67 | 917,297 |
5 | To re-elect József Váradi as a Director | 33,637,765 | 86.49 | 5,252,470 | 13.51 | 38,890,235 | 74.27 | 603,067 |
6 | To re-elect Thierry de Preux as a Director | 38,818,667 | 99.99 | 5,184 | 0.01 | 38,823,851 | 74.15 | 669,451 |
7 | To re-elect Thierry de Preux as a Director (Independent Shareholder Vote) | 32,078,034 | 99.98 | 5,184 | 0.02 | 32,083,218 | 61.27 | 669,451 |
8 | To re-elect Guido Demuynck as a Director | 38,847,012 | 99.91 | 34,087 | 0.09 | 38,881,099 | 74.26 | 612,203 |
9 | To re-elect Guido Demuynck as a Director (Independent Shareholder Vote) | 32,106,379 | 99.89 | 34,087 | 0.11 | 32,140,466 | 61.38 | 612,203 |
10 | To re-elect Simon Duffy as a Director | 38,512,798 | 99.03 | 377,437 | 0.97 | 38,890,235 | 74.27 | 603,067 |
11 | To re-elect Simon Duffy as a Director (Independent Shareholder Vote) | 31,788,215 | 98.88 | 361,387 | 1.12 | 32,149,602 | 61.40 | 603,067 |
12 | To re-elect Stephen L. Johnson as a Director | 33,170,459 | 85.29 | 5,719,776 | 14.71 | 38,890,235 | 74.27 | 603,067 |
13 | To re-elect John McMahon as a Director | 38,501,949 | 99.02 | 379,150 | 0.98 | 38,881,099 | 74.26 | 612,203 |
14 | To re-elect John McMahon as a Director (Independent Shareholder Vote) | 31,761,316 | 98.82 | 379,150 | 1.18 | 32,140,466 | 61.38 | 612,203 |
15 | To re-elect John R. Wilson as a Director | 33,471,655 | 86.07 | 5,418,580 | 13.93 | 38,890,235 | 74.27 | 603,067 |
16 | To re-appoint PricewaterhouseCoopers LLP as the Company's auditors | 39,144,883 | 99.15 | 337,279 | 0.85 | 39,482,162 | 75.40 | 11,140 |
17 | To authorise the directors and/or the audit committee to agree the auditors' remuneration | 39,171,782 | 99.21 | 310,380 | 0.79 | 39,482,162 | 75.40 | 11,140 |
18 | To authorise the directors to allot shares or grant rights to subscribe for or to convert any security into shares | 36,384,621 | 92.15 | 3,097,541 | 7.85 | 39,482,162 | 75.40 | 11,140 |
Special resolution | ||||||||
19 | To disapply pre-emption rights
| 32,553,019 | 82.45 | 6,929,143 | 17.55 | 39,482,162 | 75.40 | 11,140 |
*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 and John McMahon as directors of the Company were approved by (a) the shareholders of the Company (resolutions 6, 8, 10 and 13) and (b) the independent shareholders of the Company (resolutions 7, 9, 11 and 14).
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 11:00 a.m. on 27 September 2015, being the day on which shareholders had to be on the Company's shareholder register in order to be eligible to vote, was 52,361,465.
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 63 Airbus A320 aircraft and offers more than 380 routes from 22 bases, connecting 112 destinations across 38 countries. At Wizz Air, a team of approximately 2,300 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 16.5 million passengers in the financial year ended 31 March 2015. 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.
For more information: | ||
Investors: | Iain Wetherall, Wizz Air: | +41 22 555 9873 |
Media: | Doug Oliver, Wizz Air: | +36 70 777 9342 |
Edward Bridges / Jonathan Neilan, FTI Consulting LLP: | +44 20 3727 1017 | |