EasyJet 2011 Annual Report Download - page 53

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Shareholder information
Share capital
Details of the movements in authorised and issued
share capital during the year are provided in note 17 to
the accounts.
The rights and obligations attaching to the Company’s
ordinary shares are set out in the Articles.
Voting rights and restrictions on transfer
of shares
None of the ordinary shares carry any special rights
with regard to control of the Company. There are no
restrictions on transfers of shares other than:
–certain restrictions which may from time to time
be imposed by laws or regulations such as those
relating to insider dealing
–pursuant to the Company’s code for securities
transactions whereby the Directors and
designated employees require approval to deal in
the Company’s shares
–where a person with an interest in the Company’s
shares has been served with a disclosure notice
and has failed to provide the Company with
information concerning interests in those shares
–where a proposed transferee of the Company’s
shares has failed to furnish to the Directors a
declaration of nationality (together with such
evidence as the Directors may require) as required
by the Company’s Articles of Association; and
–the powers given to the Directors by the
Company’s Articles of Association to limit the
ownership of the Company’s shares by non UK
nationals and powers to enforce this limitation
including the right to force a sale of any affected
shares
The Company is not aware of any arrangements
between shareholders that may result in restrictions
on the transfer of securities or voting rights.
Employee share schemes – rights of control
The trustee of the easyJet Share Incentive Plan (the
Plan) will, on receipt of any offer, compromise,
arrangement or scheme which affects ordinary shares
held in the Plan, invite participants to direct the trustee
on the exercise of any voting rights attaching to the
ordinary shares held by the trustee on their behalf
and/or direct how the trustee shall act in relation to
those ordinary shares. The trustee shall take no action
in respect of ordinary shares for which it has received
no directions or ordinary shares which are unallocated.
Generally, on a poll the trustee shall vote in
accordance with directions given by participants.
In the absence of directions or on a show of hands
the trustee shall not vote.
The trustee of the easyJet Employee Share Trusts
(the Trusts), which are used in connection with the
easyJet Long Term Incentive Plan, has the power to
vote or not vote at its discretion in respect of any
shares in the Company held in the Trusts.
Substantial interests
In accordance with the Disclosure and Transparency
Rules DTR 5, the Company as at 14 November 2011,
has been notified of the following disclosable interests
of 3% or more in its issued ordinary shares:
%
easyGroup Holdings Limited (Holding vehicle for
Sir Stelios Haji-Ioannou) 26.5
Polys Holdings Limited (Holding vehicle for Polys
Haji-Ioannou) 11.1
Standard Life Investments 6.0
Schroders plc 5.4
Prudential plc 6.5
MRG Investment Funds 5.4
Sanderson Asset Management 4.0
Registered office
Hangar 89
London Luton Airport
Luton
Bedfordshire
LU2 9PF
Company registrar
Equiniti Limited
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Auditors
A resolution to reappoint PricewaterhouseCoopers
LLP as auditors of the Company will be put to
shareholders at the forthcoming Annual General
Meeting.
Company number
3959649
easyJet plc
Annual report
and accounts 2011
GovernanceCorporate responsibility
Business review Performance and risk
Overview Accounts & other information
51