Hostelworld Group PLC Directorate Change (9562X)
May 03 2019 - 1:00AM
UK Regulatory
TIDMHSW
RNS Number : 9562X
Hostelworld Group PLC
03 May 2019
LEI: 213800OC94PF2D675H41
Hostelworld Group plc ("Hostelworld" or the "Company")
DIRECTORATE CHANGE
3 May 2019: Hostelworld, the global hostel-focussed online
booking platform, announces that Andy McCue has informed the Board
of his intention to step down from his position as a Non-Executive
Director and Chairman of the Remuneration Committee, effective 31
May 2019, following the conclusion of the Company's Annual General
Meeting.
Carl G. Shepherd, who joined the Board as a Non-Executive
Director on 1 October 2017, will replace Andy McCue as Senior
Independent Non-Executive Director and Chairman of the Remuneration
Committee.
The search for an additional Independent Non-Executive Director
is underway and a further announcement will be made in due
course.
Michael Cawley, Chairman of Hostelworld plc, commented:
"On behalf of the Board, I would like to wish Andy well for the
future and thank him for his valuable contribution to the Board
during his tenure as a Director since the Company's IPO in
2015."
For further information please contact:
Hostelworld Group plc
TJ Kelly, CFO
+353 (0) 1 498 0700
John Duggan, Company Secretary
+353 (0) 1 498 0700
Note: At the Company's Annual General Meeting scheduled for 31
May 2019, the Chairman will seek the consent of shareholders to
withdraw the resolution to re-elect Andy McCue as a non-executive
director of the Company.
About Hostelworld Group
Hostelworld Group is the leading hostel-focussed online booking
platform, sparking social experiences for young and independent
travellers.
Our customers are not your average tourists; they crave unique
experiences that we facilitate with the best choice of hostels
around the world offered in 19 languages across the website and 13
languages on our app of our core brand Hostelworld.
We have 20 years' experience as the hostel Online Travel Agent
("OTA") experts, and today we work with over 16,500 hostel
properties globally, in addition to 20,000 other forms of budget
accommodation.
Our customers have access to an extensive database of more than
11.5 million customer reviews which allows them to choose the
hostel that's right for them.
Since 1999 we've partnered with hostels worldwide, enabling them
to manage and distribute their inventory to our highly engaged and
valuable global customer base.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAGMGGKNZRGLZM
(END) Dow Jones Newswires
May 03, 2019 02:00 ET (06:00 GMT)
Hostelworld (LSE:HSW)
Historical Stock Chart
From Apr 2024 to May 2024
Hostelworld (LSE:HSW)
Historical Stock Chart
From May 2023 to May 2024