Dalata To Hold Extraordinary General Meeting On January 29
Dalata Hotel Group has announced that it will hold an extraordinary general meeting (EGM) at its offices in Burton Court in the Dublin suburb of Sandyford on January 29 at 11.30am. According to Dal...
Dalata Hotel Group has announced that it will hold an extraordinary general meeting (EGM) at its offices in Burton Court in the Dublin suburb of Sandyford on January 29 at 11.30am.
According to Dalata, the business of the EGM will be to consider and, if thought fit, approve certain resolutions relating to the replacement of Crest with a system operated by Euroclear Bank SA/NV for the electronic settlement of trading in the company's ordinary shares.
Dalata said that approval of the resolutions is necessary to ensure that the company's shares can continue to be settled electronically when they are traded on Euronext Dublin and the London Stock Exchange, and remain eligible for continued admission to trading and listing on those exchanges, which Dalata said is crucial to the interests of the company and its shareholders as a whole.
COVID-19 And Health And Safety Considerations
Dalata stated that it is closely monitoring the COVID-19 situation and will take all recommendations and applicable law into account in the conduct of the EGM, and there will likely be very limited ability to attend the EGM in person.
Dalata added that in the event that it is not possible to hold the EGM either in compliance with public health guidelines or applicable law or where it is otherwise considered that proceeding with the EGM as planned poses an unacceptable health and safety risk, the EGM may be adjourned or postponed or relocated to a different time and/or venue.
© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.