Carnival PLC Carnival Names Cahilly to Board, Announces Dividend
July 19 2017 - 8:30AM
UK Regulatory
TIDMCCL
Carnival Corporation & plc Names Jason Glen Cahilly to Board of
Directors, Announces Quarterly Dividend
MIAMI, July 19, 2017 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
today announced that on July 18, 2017, Jason Glen Cahilly, former chief
strategic and financial officer of the National Basketball Association, has
been appointed to the company's boards of directors, effective immediately. The
announcement was made following the quarterly meeting of the company's boards
of directors held yesterday in Venice, Italy.
Cahilly, a seasoned executive with more than 20 years of financial experience
in the sports, communications, media and entertainment industries, will serve
in a non-executive capacity on Carnival Corporation's 11-member boards of
directors. He will also serve on the Audit Committees.
"We are very pleased to welcome Jason as an exceptional addition to our boards
of directors," said Micky Arison, Carnival Corporation & plc chairman. "Jason
brings extensive leadership experience to Carnival and valuable expertise in a
wide variety of areas. We look forward to working with him closely and gaining
insights from his unique perspective as we continue growing demand for our 10
global brands."
Most recently Cahilly served as chief strategic and financial officer of the
NBA, where he was responsible for setting strategic priorities and direction
globally, following 12 years at Goldman, Sachs & Co. where he served as a
partner and the global co-head of media and telecommunications, as well as a
member of the firm's Internet Investment Committee. Prior to that, Cahilly was
a vice president of Lehman Brothers Inc. in New York. He holds a Juris
Doctorate from Harvard Law School.
There is no other information required to be disclosed pursuant to LR9.6.13R in
respect of Cahilly.
Following yesterday's board meeting, Carnival Corporation & plc also announced
that it has declared a quarterly dividend of $0.40 per share. The company's
boards of directors approved a record date for the quarterly dividend of August
25, 2017, and a payment date of September 15, 2017.
Holders of Carnival Corporation common stock and Carnival plc ADSs will receive
the dividend payable in U.S. dollars. The dividend for Carnival plc ordinary
shares will be payable in U.S. dollars or sterling. In the absence of
instructions or elections to the contrary, holders of Carnival plc ordinary
shares will automatically receive the dividend in sterling.
Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by the Bank of England in London at 12 noon on September
1, 2017. Holders of Carnival plc ordinary shares wishing to receive their
dividend in U.S. dollars or participate in the Carnival plc Dividend
Reinvestment Plan must elect to do so by August 25, 2017.
About Carnival Corporation & plc
Carnival Corporation & plc is the world's largest leisure travel company and
among the most profitable and financially strong in the cruise and vacation
industries, with a portfolio of 10 dynamic brands that include nine of the
world's leading cruise lines. With operations in North
America, Europe, Australia and Asia, its portfolio features Carnival Cruise
Line, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa
Cruises, Cunard, P&O Cruises (Australia) and P&O Cruises (UK), as well as
Fathom, the corporation's immersion and enrichment experience brand.
Together, the corporation's cruise lines operate 103 ships with 231,000 lower
berths visiting over 700 ports around the world, with 17 new ships scheduled to
be delivered between 2018 and 2022. Carnival Corporation & plc also operates
Holland America Princess Alaska Tours, the leading tour company in Alaska and
the Canadian Yukon. Traded on both the New York and London Stock
Exchanges, Carnival Corporation & plc is the only group in the world to be
included in both the S&P 500 and the FTSE 100 indices.
In 2017, Fast Company recognized Carnival Corporation as being among the "Top
10 Most Innovative Companies" in both the design and travel categories. Fast
Company specifically recognized Carnival Corporation for its work in developing
Ocean MedallionT, a high-tech wearable device that enables the world's first
interactive guest experience platform capable of transforming vacation travel
into a highly personalized and elevated level of customized service.
Additional information can be found on www.carnival.com, www.fathom.org,
www.hollandamerica.com, www.princess.com, www.seabourn.com, www.aida.de,
www.costacruise.com, www.cunard.com, www.pocruises.com.au and www.pocruises.com
.
CONTACT: MEDIA CONTACT: Roger Frizzell, +1 (305) 406 7862; INVESTOR RELATIONS
CONTACT: Beth Roberts, +1 (305) 406 4832
END
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July 19, 2017 09:30 ET (13:30 GMT)
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