Hudson Group Announces Approval of Shareholder Written Resolution
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Aug 6, 2018--Hudson Ltd. (NYSE: HUD) (“Hudson Group” or “Company”), a leader in North American travel retail, announced the approval of a Shareholder Written Resolution that adopts new bye-laws of the Company. The new bye-laws make certain amendments to the Company’s bye-laws which, among other matters, permit the appointment of one or more Deputy Chairman of the Board of Directors of the Company (the “Board”). The text of the new bye-laws has been furnished to the U.S. Securities Exchange Commission (“SEC”) on Form 6-K and may be accessed free of charge on the SEC’s website and on the Company’s website.
The Shareholder Written Resolution was passed when it was signed by registered shareholders who as of July 31, 2018 (being the date the notice of the proposed resolution was given) held a simple majority of the total voting rights of all issued and outstanding shares of the Company, provided such majority included at least one shareholder holding Class B common shares of the Company.
Subject to the adoption of the new bye-laws, the Board has appointed Mr. James Cohen, a member of the Board, as an additional Deputy Chairman of the Board. In addition, the Board has appointed Mr. Joaquín Moya-Angeler Cabrera to be a member of the Nomination and Remuneration Committee of the Board.
About Hudson Group
Hudson Group (NYSE: HUD), a Dufry Company and one of the largest travel retailers in North America, is committed to enhancing the travel experience for over 300,000 travelers every day in the continental United States and Canada. The Company is anchored by its iconic Hudson, Hudson News and Hudson Bookseller brands and operates over 1,000 duty-paid and duty-free stores in 88 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world. Our wide range of store concepts include travel essentials and convenience stores, bookstores, duty-free shops, branded specialty stores, electronics stores, and quick-service food and beverage outlets. For more information, visit www.hudsongroup.com and www.dufry.com.
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Deborah Belevan, CPA, IRC
VP of Investor Relations
VP of Corporate Communications
KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY
INDUSTRY KEYWORD: TRANSPORT AIR OTHER TRANSPORT PUBLIC TRANSPORT TRAVEL DESTINATIONS TRANSPORTATION OTHER TRAVEL RETAIL OTHER RETAIL
SOURCE: Hudson Ltd.
Copyright Business Wire 2018.
PUB: 08/06/2018 09:00 AM/DISC: 08/06/2018 09:01 AM