Hoteles City Express Announces Signing of Market Maker Agreement with BTG Pactual

Mexico City, November 10th, 2021 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or the “Company”) (BMV: HCITY) announces today the signing of a market maker agreement with BTG Pactual Casa de Bolsa S.A de C.V. (“BTG”) for the Company’s shares listed on the Mexican Stock Exchange. The agreement contemplates a 12-month period beginning December 1st, 2021. The foregoing given the early termination notification due to UBS Casa de Bolsa S.A. de C.V.’s closing of operations in Mexico. Hoteles City Express reaffirms its commitment to continue strengthening the marketability and liquidity of its securities.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

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

Marimar Torreblanca
Miranda IR
Phone: +52 55-5282-2992
E-mail: marimar.torreblanca@miranda-newswire.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 152 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 over the next few years.
For further information, please visit our website: https://www.cityexpress.com/en/investors/

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