Mexico City, September 2nd, 2021 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or “the Company”) (BMV: HCITY) informs the investing public that yesterday, September 1st, 2021, the Company concluded the share allocation process for the shares subscribed by the Company’s shareholders in the exercises of both ordinary and additional preemptive rights. This process was derived from the capital increase in the Company’s capital stock variable portion, which was approved by the Company’s Ordinary General Shareholders’ Meeting held on July 21st, 2021 (the “Capital Increase“).
You are hereby informed that, on said date, and pursuant to the Capital Increase, the shareholders in exercise of their preemptive rights subscribed a total of 37,158,713 ordinary shares of the variable portion of the Company’s capital stock (the “Allocated Shares“). This represented a total amount of $260,110,991.00 (two hundred sixty million one hundred ten thousand nine hundred ninety-one pesos 00/100 M.N.).
By virtue of the foregoing, and as a consequence of the Capital Increase, the remaining portion represents a total of 148,555,572 common shares of the variable portion of the Company’s capital stock, which are deposited in the Company’s treasury.
The Company is grateful for the trust its shareholders placed in it and fully understands the weight of its commitment to them.
For more information, please visit the website: https://www.cityexpress.com/en/investors
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Investor Relations Contact Details
Héctor Vázquez
Corporate Finance and IR
Phone: +52 55-5249-8067
E-mail: hvazquez@hotelescity.com
Ana María Ybarra
Miranda IR
Phone: +52 55-3660-4037
E-mail: ana.ybarra@miranda-ir.com