GENEVA - Wizz Air Holdings Plc, the European low-cost airline, has announced an update on its share capital structure as of January 31, 2025. The company, trading under the ticker LSE:WIZZ, reported that its total issued ordinary shares are numbered at 103,391,947, with each share carrying one voting right. The airline noted that there are no shares held in treasury.
The company also outlined details regarding the voting rights of its shares, particularly mentioning the disenfranchisement measures for Ordinary Shares held by Non-Qualifying Nationals, which was previously disclosed on September 4, 2024. The total figure of 127,733,907 is presented as the theoretical fully diluted share capital of the company, which includes the potential issuance of new shares upon the full conversion of outstanding convertible notes and the exercise of vested but unexercised employee share options.
Wizz Air's announcement provides shareholders and other interested parties with the denominator for the calculations needed to determine whether they must notify changes in their interest in the company, as per the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
The airline, recognized for its sustainability efforts, operates over 220 Airbus A320 and A321 aircraft and has been acknowledged with various awards, including being named one of the World's Top 5 Safest Low-Cost Airlines in 2024 and receiving accolades for environmental sustainability in recent years.
The information disclosed is based on a press release statement from Wizz Air and is intended to keep investors informed about the latest developments regarding the company's share capital.
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