Hoteles City Express Announces Invitation to Join the Company’s Shareholders’ Meeting

Mexico City, April 7th, 2021 – Hoteles City Express S.A.B. de C.V. (BMV: HCITY) (“Hoteles City Express” or “the Company”), announces the invitation to the Company’s shareholders to join the Annual General Ordinary Shareholder’s Meeting that will take place next Wednesday April 21st, 2021.

 

HOTELES CITY EXPRESS, S.A.B. DE C.V.

 
Call
 
Pursuant to (i) Clauses Thirty Two, Thirty Three, and Thirty Eight of the Company’s by-laws, and (ii) Article 28, section (IV) of the Mexican Stock Market Law (Ley del Mercado de Valores), and (iii) Articles 180, 181 and other applicable articles of the Mexican Corporations Law (Ley General de Sociedades Mercantiles), the Board of Directors of Hoteles City Express, S.A.B. de C.V. (the “Company”) hereby calls the Company’s shareholders to the Annual General Ordinary Shareholders’ Meeting that will take place next Wednesday April 21, 2021, at noon at conference room number one of Hotel City Express Santa Fe, located at Juan Salvador Agraz 69, Santa Fe Cuajimalpa, 05348, Mexico City, in accordance with the Agenda (the “Meeting“).
 
 
Miranda Newswire – Full Press Release: Download PDF
 
 

Investor Relations Contact Details

Héctor Vázquez
Corporate Finance and IR
Tel: +52 (55) 5249 8067
E-mail: hvazquez@hotelescity.com 

Ana María Ybarra
Miranda IR
Tel: +52 (55) 3660 4037
E-mail: ana.ybarra@miranda-ir.com 

 
About Hoteles City Express
Hoteles City Express is the leading and fastest-growing limited-service hotel chain in Mexico, in terms of number of hotels, number of rooms, geographic presence, market share and revenues. Founded in 2002, Hoteles City Express specializes in offering high-quality, comfortable and safe lodging at affordable prices via a limited-service hotel chain geared mainly towards domestic business travelers. With 153 hotels located in Mexico, Costa Rica, Colombia and Chile, Hoteles City Express operates five distinct brands: City Express, City Express Plus, City Express Suites, City Express Junior and City Centro, to serve different segments of its target market. In June 2013, Hoteles City Express completed its IPO and began trading on the Mexican Stock Exchange under the ticker symbol “HCITY” furthermore, on October 8, 2014, Hoteles City Express completed a follow on with the aim of accelerating its growth in new hotels in the next few years. At Hoteles City Express we seek to be a catalyst for positive economic, social and environmental impacts in each of the communities where we operate, incorporating innovation and comprehensive development of these through the creation of long-term value. All the hotels in the chain have been built to meet international certification standards. As for our Social Responsibility initiatives, Hoteles City Express focuses on high impact projects that generate value for society and increase the social and economic well-being of communities. For this reason, it concentrates its efforts on supporting initiatives related to entrepreneurship and social bonding that generate long-term, sustainable benefits.
HCITY has formal coverage, notes and analytical assessments by the following financial institutions and analysts: Actinver (Pablo Duarte), Bank of America Merrill Lynch (Carlos Peyrelongue), ITAU BBA (Enrico Trotta), J.P. Morgan (Froylan Médez), Morgan Stanley (Nikolaj Lippman), Signum Research (Armando Rodriguez) and Monex (Brian Rodríguez).
For further information, please visit our website:
https://www.cityexpress.com/en/investors
 
Disclaimer
The information presented in this report contains certain forward-looking statements and information regarding Hoteles City Express, S.A.B. de C.V. and its subsidiaries (jointly, “the Company”), which are based on the understanding of its management, as well as assumptions and information currently available to the Company. These statements reflect the Company’s current vision regarding future events and are subject to certain risks, factors of uncertainty and assumptions. Many factors may cause the results, performance or current achievements of the Company to be materially different with respect to any future result, performance or accomplishment of the Company that might be included, expressly or implicitly, within such forward-looking statements, including, among other things: changes in general economic and/or political conditions, governmental and commercial changes at the global level and in the countries in which the Company does business, changes in interest rates and inflation, exchange rate volatility, changes in business strategy and various other factors. If one or more of these risks or uncertainty factors should materialize, or if the assumptions used prove to be incorrect, actual results could differ materially from those described herein as anticipated, estimated or expected. The Company does not intend to assume, and does not assume any obligation whatsoever to update these forward-looking statements.

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