Luxury Hospitality Daily News
Luxury Hospitality Daily News

< Previous news Next news >

Hilton Group plc: Result of Extraordinary General Meeting

Hilton Group plc: Result of Extraordinary General Meeting

Category: Worldwide -
This is a press release selected by our editorial committee and published online for free on 2006-01-30

Hilton Group plc ("the Company") announces that the following resolutions were passed on a show of hands at the company's Extraordinary General Meeting held today, 27 January 2006, at The London Hilton on Park Lane and that the number of proxy votes lodged in favour of the Chairman were as detailed below:

1. To approve the disposal of the Hilton International Hotels Division:

FOR - 1,053,784,457
AGAINST - 1,502,049

2. To change the Company's name to Ladbrokes plc (on completion of the above disposal):

FOR - 1,053,778,827
AGAINST - 1,354,786

The disposal remains conditional on, among other things, receipt of certain competition and other government clearances. The change of name to Ladbrokes plc remains conditional on the completion of the disposal.

The Board expects to announce details of the Company's capital structure review and the intended return of value to shareholders with its preliminary results for the year ended 2005 scheduled for 23 February 2006. Completion is expected to occur on or shortly after this date.

You will also like to read...

< Previous news Next news >

Join us on Facebook Follow us on Twitter Follow us on LinkedIn Follow us on Instragram Follow us on Youtube Rss news feed


Hello and welcome to Journal des Palaces

You are a communication or the PR manager?
Click here

You are an applicant?
Check out our questions and answers here!

You are a recruiter?
Check out our questions and answers here!