Wizz Air Holdings PLC Directors Remuneration Report - Correction (3221R)
June 13 2018 - 11:30AM
UK Regulatory
TIDMWIZZ
RNS Number : 3221R
Wizz Air Holdings PLC
13 June 2018
Wizz Air Holdings Plc
Directors' Remuneration Report - Correction
Geneva, 13 June 2018: Further to the publication of the Annual
Report and Accounts for the financial year ended 31 March 2018 (the
"Accounts") for Wizz Air Holdings Plc (the "Company") on 24 May
2018, the Company draws readers' attention to an error on page 59
of the Accounts which states that the maximum average annual growth
metric for the EPS measure in the 2018 grant under the Company's
Long Term Incentive Plan is 29 per cent. The correct figure, which
was approved by the Company's Remuneration Committee, should read
26 per cent rather than 29 per cent as previously stated.
The correct figure of 26 per cent was also highlighted in a
notice issued by the Company on 1 June 2018 titled "Replacement:
Wizz Air Long Term Incentive Plan ("LTIP") award grants".
There is no impact on the Company's profit, balance sheet,
earnings per share or other financial information in the Accounts.
The error relates to part of the Accounts which is not audited.
Ends
ABOUT WIZZ AIR
Wizz Air is the largest low-cost airline in Central and Eastern
Europe, operates a fleet of 100 Airbus A320 and Airbus A321
aircraft, and offers more than 600 routes from 27 bases, connecting
141 destinations across 44 countries. At Wizz Air, a team of more
than 4,000 aviation professionals delivers superior service and
very low ticket prices making Wizz Air the preferred choice of over
30 million passengers in the past 12 months. Wizz Air is listed on
the London Stock Exchange under the ticker WIZZ and is included in
the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered
under the International Air Transport Association (IATA),
Operational Safety Audit (IOSA), the global benchmark in airline
safety recognition. The company was recently named 2017 - European
Airline of the Year by Aviation 100, a renown annual publication
that recognizes the year's most outstanding performers in the
aerospace industry.
For more information:
+36 1 777
Investors: Balint Veres, Wizz Air: 9349
+36 1 777
Media: Sorina Ratz, Wizz Air: 9304
Edward Bridges / Jonathan Neilan, +44 20 3727
FTI Consulting LLP: 1017
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCEASKDFDLPEFF
(END) Dow Jones Newswires
June 13, 2018 12:30 ET (16:30 GMT)
Wizz Air (LSE:WIZZ)
Historical Stock Chart
From Apr 2024 to May 2024
Wizz Air (LSE:WIZZ)
Historical Stock Chart
From May 2023 to May 2024