International Hotel Investments plc – Annual General Meeting

May 20, 2015
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

International Hotel Investments plc announced that the following resolutions are being presented for consideration at the Annual General Meeting of International Hotel Investments p.l.c. (the “Company”) to be held on Thursday, 11 June 2015 at 11:00 am. 

Ordinary Business 

1. That the consolidated financial statements of the Company for the financial year ended 31 December 2014, together with the Directors’ Report and the Auditors’ Report thereon, be and are hereby approved. 

2. That PricewaterhouseCoopers be and are hereby appointed as auditors of the Company and that the Directors be and are hereby authorized to fix their remuneration. 

3. Appointment of Directors

Special Business

4. That the authority conferred upon the Directors pursuant to article 3 of the Articles of Association of the Company to issue and allot shares in the Company be and is hereby extended for a period of five (5) years from the date of this resolution, 11 June 2015, and: (i) that the definition of “prescribed period” specified in sub-article 3.7 of the Articles of Association be construed accordingly; and (ii) that the “prescribed amount” specified in said sub-article 3.7 for the purpose of setting out the maximum amount of shares in the Company which the Directors shall have the authority to issue and allot during the prescribed period (as amended) shall be the amount of authorized share capital less the amount of the issued share capital of the Company at that time. 

5. That completion by the Company of the transaction pursuant to which the Company shall acquire all of the issued share capital in Island Hotels Group Holdings p.l.c. (C-44855) (the “Transaction”), which Transaction forms the subject of the shareholders’ circular dated 20 May 2015, attached hereto and issued by the Company in accordance with the requirements of Listing Rule 5.163.2, be and is hereby approved, and that the Directors be and are hereby duly authorized and empowered to do all such things as they may consider necessary and appropriate in the best interests of the Company for the purpose of executing and implementing the Transaction. 

 

To view the official company announcement, click here.