Market Overview

Hudson Group Announces Approval of Shareholder Written Resolution


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 and

View Comments and Join the Discussion!