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Irish Ferries Owner ICG Delays AGM Due To COVID-19

Published on Mar 25 2020 11:07 AM in General Industry tagged: Trending Posts / irish ferries / Irish Continental Group / ICG

Irish Ferries Owner ICG Delays AGM Due To COVID-19

Irish Ferries owner Irish Continental Group (ICG) has delayed its annual general meeting from May 12 to an as-yet-unspecified date due to COVID-19.

Consequently, a vote on ICG's final dividend for 2019 of 8.99c per share, amounting to nearly €17 million in total, will also be deferred.

The Irish Times quotes the company as saying, "This decision has been taken in light of the current and developing situation surrounding COVID-19, recommendations from public authorities, and consideration of the health and safety of shareholders, attendees and staff."

Maintaining Services

Irish Ferries is currently continuing to operate services between Ireland and the UK and France.

It said that maintaining these services "ensures that those who need to travel for repatriation, for essential work, or to join their loved ones can still access vital transport links whilst maintaining social distancing on board.

"These services also play a critical role in the supply chain, ensuring our supermarket shelves remain stocked and important pharmaceutical and medical supplies are shipped."

© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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