trivago N.V. Announces an Extraordinary General Meeting of Shareholders to Approve One-time Extraordinary Dividend
15 September 2023 - 12:06PM
trivago N.V. Announces an Extraordinary General Meeting of
Shareholders to Approve One-time Extraordinary Dividend
DÜSSELDORF, Germany, September 15, 2023 - trivago N.V. (NASDAQ:
TRVG) announced today that an extraordinary general meeting of
shareholders (“EGM”) will be held on November 1, 2023 at
the offices of NautaDutilh N.V., Beethovenstraat 400, 1082
PR Amsterdam, the Netherlands. The meeting will start
at 3:00 p.m. CEST.
trivago’s management board, with the approval of its supervisory
board, has resolved to issue a one-time extraordinary dividend,
totaling EUR 184,380,959 (or approximately EUR 0.53 per share).
Part of this extraordinary dividend in the amount of EUR
167,893,889 is subject to trivago shareholder approval. The only
agenda item for the EGM relates to this part of the proposed
dividend. The payment date for the distribution on the common
shares is anticipated to be on November 6, 2023, with a record date
of November 3, 2023. Relevant details regarding the payment date
for trivago’s American Depositary Shares will be announced at a
later time.
Further information regarding the proposed dividend is contained
in the convening notice and explanatory notes for the EGM, which
are available free of charge in the Investor Relations section of
trivago N.V.'s corporate website at ir.trivago.com.
About trivago N.V. trivago is a global hotel
and accommodation search platform. We are focused on reshaping the
way travelers search for and compare different types of
accommodations, such as hotels, vacation rentals and apartments,
while enabling our advertisers to grow their businesses by
providing them with access to a broad audience of travelers via our
websites and apps. Our platform allows travelers to make informed
decisions by personalizing their search for accommodations and
providing them with access to a deep supply of relevant information
and prices.
Media Contact corentine.aronica@trivago.com
Investor Contact: ir@trivago.com
Forward looking statements This press release
contains certain forward-looking statements. Words, and variations
of words such as "believe," "expect," "plan," "continue," "will,"
"should," and similar expressions are intended to identify our
forward-looking statements. These forward-looking statements
involve risks and uncertainties, many of which are beyond our
control, and important factors that could cause actual events and
results to differ materially from those in the forward-looking
statements. For additional information factors that could affect
our forward-looking statements, see our risk factors, as they may
be amended from time to time, set forth in our public filings with
the Securities and Exchange Commission. We disclaim and do not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as required by applicable
law or regulation.
As used herein, references to "we", "us", the "company", or
"trivago", or similar terms shall mean trivago N.V. and, as the
context requires, its subsidiaries.
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