GENEVA - Wizz Air Holdings Plc (LSE:WIZZ), a prominent European airline, disclosed changes to its share capital structure in a recent announcement. As of December 31, 2024, the company reported having 103,391,947 ordinary shares of £0.0001 each in issue, with no shares held in treasury. This figure is significant for shareholders and others with notification obligations under the Financial Conduct Authority's Disclosure and Transparency Rules (DTRs), as it serves as the denominator for calculating changes in shareholdings.
The airline also noted that the total voting rights attached to these shares are equally 103,391,947, with the caveat that shares held by Non-Qualifying Nationals are subject to proportional disenfranchisement measures, as previously announced on September 4, 2024. For more detailed information, the company has directed interested parties to the Regulatory News section of its website.
In addition, Wizz Air provided a theoretical fully diluted share capital figure of 127,728,907, which includes the potential issuance of 24,246,715 new ordinary shares upon full conversion of outstanding convertible notes as of November 29, 2024 (excluding shares that would be issued in respect of accrued but unpaid interest) and 95,245 new ordinary shares that could be issued upon the exercise of vested but unexercised employee share options.
The airline, known for its sustainable practices and low fares, operates over 220 Airbus A320 and A321 aircraft and served 62 million passengers in the financial year ending March 31, 2024. Wizz Air's commitment to sustainability and safety has been recognized with multiple awards, including being named one of the World's Top 5 Safest Low-Cost Airlines in 2024 by airlineratings.com and receiving accolades for its environmental sustainability initiatives.
This update on Wizz Air's share capital is based on a press release statement provided by the company and disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG).
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