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easyJet PLC - Relationship Agreement with easyGroup

RNS Number : 5530R
easyJet PLC
30 June 2020
 

 

30 June 2020

easyJet plc

('easyJet' or the 'Company')

 

Relationship Agreement with easyGroup

The Company has been notified by the Haji-Ioannou family concert party, consisting of easyGroup Holdings Limited ("easyGroup") (the holding vehicle for Sir Stelios Haji-Ioannou ("Sir Stelios") and Clelia Haji-Ioannou) and Polys Haji-Ioannou (through his holding vehicle Polys Holdings Limited) (the "Haji-Ioannou Concert Party") that, as a result of the non-pre-emptive placing announced on 24 June 2020, the Haji-Ioannou Concert Party no longer holds 30% or more of the issued share capital of the Company. Accordingly, the relationship agreement between the Company, easyGroup and Sir Stelios dated 14 November 2014 (which was put in place to comply with the controlling shareholder regime set out in the Listing Rules) has terminated in accordance with its terms. 

 

For further details please contact easyJet plc:

Institutional investors and analysts:

Michael Barker                  Investor Relations           +44 (0)7985 890 939

Holly Grainger                   Investor Relations           +44 (0)7583 101 913

Media:

Anna Knowles                   Corporate Communications         +44 (0)7985 873 313

Edward Simpkins               Finsbury                                       +44 (0)7947 740 551 / (0)207 251 3801

Dorothy Burwell                Finsbury                                       +44 (0)7733 294930 / (0)207 251 3801                   

  

LEI: 2138001S47XKWIB7TH90

 


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Quick facts: easyJet plc

Price: 585.9814

Market: LSE
Market Cap: £26.78 m
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