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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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.