- 100% of shareholders that participated in the Extraordinary Shareholder’s Meeting voted in favour to the company redomiciling to Spain
- Both the Extraordinary and the General Annual Shareholders Meetings achieved the highest participation in the company’s history
eDreams ODIGEO, the largest online travel company in Europe and one of the largest European e-commerce companies, announced that an Extraordinary Shareholders’ Meeting has ratified the company’s proposal to move its domicile to Spain.
With this decision, the shareholders have unanimously approved to relocate the registered office of the Group to Spain and consequently for eDreams ODIGEO to become a Spanish company.
The redomiciliation was proposed by the Board of Directors in order to achieve organizational and cost efficiencies and has been supported by the totality of shareholders. Both the Extraordinary and the General Annual Shareholder’s Meetings, celebrated on 22nd and 23rd September 2020, achieved the highest participation in the Company’s history.
The change of nationality of eDreams ODIGEO will take effect in the coming weeks, once the Spanish public deed is registered in the Madrid Commercial Registry.
Likewise, Shareholders have reconfirmed their confidence in the Company’s Board of Directors by approving the renewal of the mandate of all members for a period of three additional years.
Thomas Vollmoeller, Chairman of the Board of Directors, said “eDreams ODIGEO is a robust and dynamic business with strong leading brands, cutting-edge technology and world-class innovation capabilities. We are excited to count on the strong support of all our shareholders to continue delivering on our strategy to take eDreams ODIGEO’s global leadership above and beyond in the post COVID-19 era.”
About eDreams ODIGEO
eDreams ODIGEO is one of the world’s largest online travel companies and one of the largest e-commerce businesses in Europe. Under its four leading online travel agency brands – eDreams, GO Voyages, Opodo, Travellink, and the metasearch engine Liligo – it serves more than 17 million customers per year across 45 markets. Listed on the Spanish Stock Market, eDreams ODIGEO works with 666 airlines and has partnerships with 130. The brand offers the best deals in regular flights, low-cost airlines, hotels, cruises, car rental, dynamic packages, holiday packages and travel insurance to make travel easier, more accessible, and better value for consumers across the globe.