Wizz Air updates share capital and voting rights

Published 03/12/2024, 08:12
Wizz Air updates share capital and voting rights

GENEVA - Wizz Air Holdings Plc (LSE:WIZZ), a prominent European airline, announced its latest share capital structure, confirming the total number of Ordinary Shares in issue as of November 29, 2024, is 103,391,447, with no shares held in treasury. The company, known for its sustainable approach and low-fare services, stated that each share carries one voting right. However, shares held by Non-Qualifying Nationals are subject to proportional disenfranchisement measures, as previously disclosed on September 4, 2024.

Shareholders and other parties with notification obligations can use the total voting rights figure of 103,391,447 as the denominator for calculations to determine notification requirements under the Financial Conduct Authority’s Disclosure Rules and Transparency Rules (DTRs). Additionally, Wizz Air provided a theoretical fully diluted share capital figure of 127,728,907, which includes the conversion of all outstanding convertible notes and the exercise of vested employee share options as of the stated date.

Wizz Air, listed on the London Stock Exchange (LON:LSEG), operates a fleet of over 220 Airbus aircraft and served 62 million passengers in the financial year ending March 31, 2024. The airline has received several accolades for its safety and sustainability efforts, including being named one of the World's Top 5 Safest Low-Cost Airlines in 2024 and receiving multiple awards for environmental sustainability in the airline industry.

This update on the company’s share capital and voting rights is based on a press release statement and provides shareholders and the market with essential information for investment and notification purposes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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