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EasyJet said two of the directors supposedly at the November 2016 meeting had been in London that day meeting with shareholders, including Sir Stelios’s easyGroup. © 2018 EWN Media Group. Under stock exchange rules this would not have allowed the shareholders to vote. Read more, Editorial enquiries, please contact: jack@thelondoneconomic.com, Commercial enquiries, please contact: advertise@thelondoneconomic.com.

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easyJet Airline Company Limited Registered in England with Registered number 3034606; subsidiary of easyJet plc Registered in England with registered number 3959649 Registered Office: Hangar 89, London Luton Airport, Luton, Bedfordshire LU2 9PF EasyJet said that 99% of votes cast by independent shareholders were against Sir Stelios’s demands to remove the chairman, chief executive and two other directors from the easyJet board. “The board firmly rejects any insinuation that easyJet was involved in any impropriety,” he said. Speaking to shareholders at a meeting called by Sir Stelios, who still owns 34% of the business, chairman John Barton stuck by the deal.


The airline has said it might need lines of credit or loans from the government to cope with the crisis.

Easyjet has sparked outrage after paying shareholders £174 million in dividends despite appealing for taxpayer support through the coronavirus pandemic. But it said that this would not affect the payout to shareholders, £60 million of which will go to its founder, Sir Stelios Haji-Ioannou. MP David Lammy commented that the move is “greedy super capitalism at its worst” as the UK government commences plans to assist airlines to save the aviation industry. Easyjet has sparked outrage after paying shareholders £174 million in dividends despite appealing for taxpayer support through the coronavirus pandemic. These were mostly Sir Stelios’s votes. EasyJet plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Terminating the contract could even call into question easyJet’s position as a budget carrier.

However, around 42% of votes cast were nevertheless in favour of firing the four. You can change your choices at any time by visiting Your Privacy Controls.

After the vote was announced, Mr Barton said: “On behalf of the board I would like to thank shareholders for their support.”, He added: “The board seeks good relationships with all of the company’s shareholders and hopes to be able to re-engage constructively with Sir Stelios.”. easyJet is confident that through its strategy it will deliver sustainable growth and returns for shareholders. The outspoken tycoon had called those in charge of easyJet “scoundrels”, accusing them of sticking to a £4.5 billion deal with Airbus which he believes could eat up all the carrier’s money.

EasyJet said that 99% of votes cast by independent shareholders were against Sir Stelios’s demands to remove the chairman, chief executive and two other directors from the easyJet board. +34 951 38 61 61 sales@euroweeklynews.com. HS2 complications sending costs spiralling just six months after budgets were ‘rest’, Coronavirus UK – No bailouts except ‘green’ bailouts, Stress, fear and homelessness: The threat looming over families confronted with eviction, Repressionomics: Get ready for the new permanent austerity, Greta Thunberg wins the internet with Donald Trump election reaction tweet, John McCain’s concession speech goes viral as secret service prepare to remove Donald Trump with force, Set For Life Results Thursday 5th November 2020, Phillip Schofield bashes ‘cold and heartless’ care minister over lockdown. Only time will tell…, Not again!
News in Costa Blanca North – Alicante – Benidorm, News in Costa Blanca South – Torrevieja – Alicante. Easyjet has sparked furious comments after paying shareholders £174 million in dividends despite appealing for taxpayer support because of the COVID-19 pandemic. Sorry, we are not accepting comments on this article. Sir Stelios said that the chairman needs to find out if Airbus, directly or indirectly, owns any shares in easyJet.

All rights reserved. Sir Stelios Haji-Ioannou asked his fellow shareholders to oust the chairman, chief executive and two other directors. After the vote was announced, Mr Barton said: “On behalf of the board I would like to thank shareholders for their support.”, He added: “The board seeks good relationships with all of the company’s shareholders and hopes to be able to re-engage constructively with Sir Stelios.”. The outspoken tycoon had called those in charge of easyJet “scoundrels”, accusing them of sticking to a £4.5 billion deal with Airbus which he believes could eat up all the carrier’s money. EasyJet said that 99% of votes cast by independent shareholders were against Sir Stelios’s demands to remove the chairman, chief executive and two other directors from the easyJet board. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development.

In response to a question from Sir Stelios, Mr Barton said that no incentives had been paid by Airbus to easyJet or its directors in a bid to win the contract. EasyJet said that 99% of votes cast by independent shareholders were against Sir Stelios’s demands to remove the chairman, chief executive and two other directors from the easyJet …

It is a major blow for Sir Stelios’s campaign.

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