Decisions at the Annual General Meeting on April 16, 2010
(Thomson Reuters ONE) -
The Annual General Meeting of Rezidor Hotel Group AB was held today, April
16, 2010 in Stockholm. During the meeting, the following decisions were taken:
Dividend: It was decided that no dividend will be paid for the year 2009 and
that the distributable funds are brought forward.
Board of Directors: The following members were re-elected: Urban Jansson (also
re-elected as Chairman), Hubert Joly, Göte Dahlin, Trudy Rautio, Barry Wilson
and Benny Zakrisson. Wendy Nelson was elected to the Board of Directors.
Share based long term incentive programme: A partly revised long-term,
performance-based incentive programme for 2010 will be implemented. It will
comprise no more than 30 senior executives within Rezidor. The term of the
programme will be 3 years, and the programme will in total comprise no more than
1,490,000 shares. The financial targets, and thus the allotment of Performance
Shares, will be based 75% on the company's TSR out of which 75% is relative to a
comparator group of 11 publicly traded international hotel companies and 25% is
related to OMX 30 Index. 25% of the financial targets is based on the company's
cumulative EPS during 2010 to 2012. They also include a minimum level which must
be achieved in order for any allotment to occur at all, as well as a maximum
level in excess of which no additional allotment will occur. Complete details on
the programme can be found at www.rezidor.com
Share buy-back: The Board of Directors was authorised until the AGM 2011 to
decide on acquisitions of the company's shares on Nasdaq OMX Stockholm. Shares
may be acquired to the extent that the company's holding of its own shares
following the acquisition at the most reaches one-tenth of all shares in the
company.
Minutes from the Annual General Meeting will be published onwww.rezidor.com
contents of the decisions based on the Board's proposal can be found.
For further information, please contact:
Marianne Ruhngård
Senior Vice President and General Counsel and Secretary to the Board
The Rezidor Hotel Group
Tel: +32 2 702 93 08
E-mail:agm(at)rezidor.com
About the Rezidor Hotel Group:
The Rezidor Hotel Group is one of the fastest growing hotel companies in the
world. The group features a portfolio of more than 385 hotels in operation and
under development with 83,100 rooms in over 60 countries.
Rezidor operates the brands Radisson Blu Hotels & Resorts, Regent Hotels &
Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa,
along with the goldpoints plusSM loyalty programme for frequent hotel guests.
Rezidor has signed a worldwide license agreement with the Italian fashion house
Missoni, in order to develop and operate a lifestyle hotel brand of the same
name: Hotel Missoni.
In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson
Companies is the main shareholder.
The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.
For more information on Rezidor, visit www.rezidor.com
[HUG#1404726]
Press Release (PDF): http://hugin.info/142138/R/1404726/358754.pdf
Unternehmensinformation / Kurzprofil:
Datum: 16.04.2010 - 17:31 Uhr
Sprache: Deutsch
News-ID 19204
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Town:
Brussels
Kategorie:
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