Wizz Air Holdings PLC Posting Class 1 Circular/Notice of General Meeting (8641O)
October 04 2019 - 8:57AM
UK Regulatory
TIDMWIZZ
RNS Number : 8641O
Wizz Air Holdings PLC
04 October 2019
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, 4 October 2019: Further to the Company's announcement on
19 June 2019 of the signing of a memorandum of understanding with
Airbus S.A.S. ("Airbus") relating to the proposed purchase of 20
Airbus A321XLR Aircraft (the "Proposed Purchase") (exercised as
part of its existing options under the purchase agreement entered
into with Airbus in 2015), Wizz Air is pleased to announce that a
circular relating to the Proposed Purchase (the "Circular") which
includes a notice of a general meeting of shareholders (the
"General Meeting") and a form of proxy relating to the 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 UK Financial
Conduct Authority and therefore completion of the Proposed Purchase
is conditional upon Wizz Air shareholder approval. Accordingly, the
General Meeting has been convened for this purpose and will be held
at 11:00 AM (CET) on 30 October 2019 at Wizz Air's offices at Le
Lumion, Geneva International Airport, 1218 Grand-Saconnex,
Switzerland
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 and on the Company's website at
http://corporate.wizzair.com/en-GB/
ABOUT WIZZ AIR
Wizz Air is the largest low-cost airline in Central and Eastern
Europe, operates a fleet of 119 Airbus A320 and Airbus A321
aircraft, and offers more than 710 routes from 25 bases, connecting
151 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
37 million passengers in the past 12 months. 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.
- Ends -
For more information:
Investors: Evelin Horvath, Wizz Air +41 22 555 9863
Media: Tamara Vallois, Wizz Air: +36 1 777 9324
Edward Bridges / Jonathan Neilan, FTI Consulting
LLP: +44 20 3727 1017
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 or visit www.rns.com.
END
MSCKMMGGZDDGLZM
(END) Dow Jones Newswires
October 04, 2019 08:57 ET (12:57 GMT)
Wizz Air (LSE:WIZZ)
Historical Stock Chart
From Apr 2024 to May 2024
Wizz Air (LSE:WIZZ)
Historical Stock Chart
From May 2023 to May 2024