easyJet PLC - Notice of GM
THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO
FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.
('easyJet' or the 'Company')
NOTICE OF GENERAL MEETING
Further to yesterday's announcement regarding the successful non-pre-emptive placing of new ordinary shares of 27 2/7 pence each in the capital of the Company ("Ordinary Shares") to raise gross proceeds of approximately
39,681,092 new Ordinary Shares (representing approximately 9.99% of the Company's existing ordinary share capital) have been allotted at the Placing Price under the Company's existing share capital authority (obtained at the Annual General Meeting held in
The Conditional Share Issuance is subject to approval of a resolution to grant the directors authority to allot the Conditional Placing Shares. Accordingly, the purpose of the
A circular relating to the Conditional Share Issuance, including the Notice of General Meeting (the "Circular") will be posted to Shareholders and has been published on the Group's website at https://corporate.easyjet.com/investors/equity-placing.
The Board recommends shareholders vote in favour of the resolution.
The Board takes the well-being of its employees, customers and Shareholders very seriously. Given the
The Company is offering facilities for Shareholders to vote at the
We strongly encourage shareholders to vote on all resolutions in advance of the
Shareholders will be able to ask questions via conference call access as set out in Part III of the Circular. Shareholders can also submit questions to the Board in advance of the
The Board will keep the situation under review and may need to make further changes to the arrangements relating to the
Shareholders are urged to submit their votes by proxy before
In connection with the above, the following documents are being posted or have been made available to Shareholders today:
· the Circular, including a letter from the Chairman explaining the background and rationale for the
· Form of Proxy for the
In accordance with Listing Rule 9.6.1 copies of the documents listed above have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Circular and other materials relating to the
Capitalised terms not otherwise defined in this announcement have the meanings given to them in the Circular.
For further details please contact easyJet plc:
Institutional investors and analysts:
This announcement should be read in its entirety. In particular, the information provided in the "Important Notices" section of this announcement should be read and understood.
This announcement is for information purposes only and shall not constitute an offer to sell or issue or the solicitation of an offer to buy, subscribe for or otherwise acquire securities in any jurisdiction in which any such offer or solicitation would be unlawful. Any failure to comply with this restriction may constitute a violation of the securities laws of such jurisdictions. Persons needing advice should consult an independent financial adviser.
This communication is not a public offer of securities for sale in
Certain statements contained in this Announcement constitute "forward-looking statements" with respect to the financial condition, performance, strategic initiatives, objectives, results of operations and business of the Company. All statements other than statements of historical facts included in this Announcement are, or may be deemed to be, forward-looking statements. Without limitation, any statements preceded or followed by or that include the words ''targets'', ''plans'', ''believes'', ''expects'', ''aims'', ''intends'', ''anticipates'', ''estimates'', ''projects'', ''will'', ''may'', "would", "could" or "should", or words or terms of similar substance or the negative thereof, are forward-looking statements. Forward-looking statements include statements relating to the following: (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, financial condition, dividend policy, losses and future prospects; and (ii) business and management strategies and the expansion and growth of the Company's operations. Such forward-looking statements involve risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. Many factors could cause actual results, performance or achievements to differ materially from those projected or implied in any forward-looking statements. The important factors that could cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, economic and business cycles, the terms and conditions of the Company's financing arrangements, foreign currency rate fluctuations, competition in the Company's principal markets, acquisitions or disposals of businesses or assets and trends in the Company's principal industries. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements in this Announcement may not occur. The forward-looking statements contained in this Announcement speak only as of the date of this Announcement. The Company, its Directors,
This information is provided by RNS, the news service of the
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Market Cap: £2.68 billion
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