Committed to openness and transparency
Dufry is committed to good Corporate Governance, Openness and Transparency for the benefit of shareholders, customers, business partners and employees. In this section you can find all the information relating to the structure of the company, how it is run and governed, and how this is regulated.
This Report is prepared in accordance with the Corporate Governance Directive (DCG) of the SIX Swiss Exchange. All information within this Corporate Governance Report and within the Remuneration Report refers to the Company Organization, Internal Regulations and Articles of Incorporation that were in effect as of December 31, 2018 (if not specifically mentioned otherwise).
The Articles of Incorporation are available on the Company website, in the Download-Center or in the section "Featured Downloads" further below.
The resolutions of the latest Ordinary General Meeting can be found in this link.
Dufry Code of Conduct
The Dufry Code of Conduct outlines Dufry's standards of ethical conduct around the world. The Code of Conduct requires all employees and officers to follow the principles outlined in the document in their interactions with colleagues, customers, business partners and other stakeholders.
For an overview of the operational Group structure, please click here.
Listed company as of December 31, 2018
Dufry AG, Brunngässlein 12, 4052 Basel, Switzerland
(hereinafter “Dufry AG” or the “Company”)
Registered shares: SIX Swiss Exchange
CHF 5,016,533,356 as of December 31, 2018
Percentage of shares held by Dufry AG
7.74% of Dufry AG share capital as of December 31, 2018. This includes 3,304,541 registered shares (6.13% of share capital) purchased as part of a share buyback program of CHF 401 million, which was successfully completed by October 31, 2018. The Company will propose to the Annual General Meeting of Shareholders in May 2019 to cancel these shares held as a result of the share buyback program.
ISIN-Code CH0023405456, Swiss Security-No. 2340545, Ticker Symbol DUFN
Listed consolidated subsidiary as of December 31, 2018
As of February 1, 2018, Hudson Ltd. is separately listed on the New York Stock Exchange.
Hudson Ltd., 2 Church Street, Hamilton, HM 11, Bermuda
Class A common shares: New York Stock Exchange
USD 1,586,565,022 as of December 31, 2018
Percentage of share held by Dufry AG
53,093,315 Class B common shares, being 57.39% of Hudson Ltd. share capital (93.1% of voting rights) as of December 31, 2018
Class A common shares (listed):
ISIN-Code BMG464081030, Ticker Symbol HUD
As of December 31, 2018, the Company’s capital structure is as follows:
Ordinary share capital
CHF 269,358,535 (nominal value) divided in 53,871,707 fully paid registered shares with nominal value of CHF 5 each
Conditional share capital
CHF 4,442,160 (nominal value) divided in 888,432 fully paid registered shares with nominal value of CHF 5 each
Authorized share capital
Further details regarding these shareholders and shareholder groups as well as additional information regarding the individual disclosures notices are available on the website of SIX Swiss Exchange on:
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