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Investegate |Wizz Air Holdings Announcements | Wizz Air Holdings: Post-close Trading Statement


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Investegate |Wizz Air Holdings Announcements | Wizz Air Holdings: Disenfranchisement of Ordinary Shares


 
Geneva, 29 December 2020:
Wizz Air Holdings Plc (the Company ) announces its decision to treat as Restricted Shares certain Ordinary Shares held by Non-Qualifying Nationals and to issue to such shareholders Restricted Share Notices on the basis set out below (the Disenfranchisement ). This is because from 1 January 2021 UK nationals will no longer be treated as Qualifying Nationals with regards to ongoing European airline ownership requirements, notwithstanding the UK-EU Trade and Cooperation Agreement.
 
 
Wizz Air Hungary Ltd., a wholly-owned subsidiary of the Company, is the holder of an operating licence issued by the Hungarian Civil Aviation Authority (the Operating Licence ) which it requires to operate flights within the EU. ....

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