Market Overview

Hudson Group Announces Notice of Proposed Shareholder Written Resolution

Share:

Hudson Ltd. (NYSE:HUD) ("Hudson Group" or "Company"), a leader in North
American travel retail, announced the Notice of a Proposed Shareholder
Written Resolution which if passed by the Company's shareholders will
adopt new bye-laws of the Company. The new bye-laws will make certain
amendments to the Company's existing bye-laws which, among other
matters, will permit the appointment of one or more Deputy Chairman of
the Board of Directors of the Company (the "Board"). The proposed 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 Proposed Shareholder Written Resolution will be passed when it is
signed by registered shareholders who as of today (being the date the
notice of the proposed resolution is given) hold a simple majority of
the total voting rights of all issued and outstanding shares of the
Company, provided such majority includes 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.

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

View Comments and Join the Discussion!