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LONDON - easyJet plc (LON:EZJ) announced on Thursday that its shareholders have passed all resolutions during its Annual General Meeting (AGM). The airline reported a successful vote on a series of ordinary and special resolutions, with all 23 proposals receiving the required majority.
The ordinary resolutions, which included the approval of the annual report and accounts for the year ended September 30, 2024, and the re-election of board members, required a simple majority to pass. Notably, the report and accounts were received with 99.86% of the votes in favor. The re-election of Sir Stephen Hester as a Director was affirmed with 95.18% support, and Kenton Jarvis was re-elected with 99.78% of the votes.
Special resolutions, necessitating at least a 75% majority, were also passed. These included the authorization for the company to purchase its own shares, with 97.15% approval, and the authority to call general meetings with a minimum of 14 clear days’ notice, which received 98.97% support.
The AGM also resulted in changes to the Board and its Committees. Moni Mannings OBE did not seek re-election and stepped down from the Board at the meeting’s conclusion. The company has made adjustments to the committee memberships accordingly.
In compliance with European ownership and control requirements, easyJet has suspended voting rights of certain shares held by non-EU shareholders. The total voting rights on February 11, 2025, were 758,010,025, and the level of EU ownership at the time of the AGM was 36.95%.
The detailed voting results for each resolution have been submitted to the Financial Conduct Authority’s National Storage Mechanism and will be available for public viewing.
This summary is based on a press release statement from easyJet plc regarding the outcomes of its AGM held on February 13, 2025.
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