TMR’s Board of Directors convened the Annual General Meeting (AGM) for 12 April 2014 with the start at 11 a.m. The AGM’s agenda inter alia includes business performance review, proposal on income distribution, and election of a Supervisory Board member.
Besides the AGM’s agenda, the Shareholders’ Weekend is attractive with its accompanying program. During the weekend shareholders and their relatives can enjoy free entertainment in TMR’s resorts in Jasná Nízke Tatry or Vysoké Tatry, as well as in Aquapark Tatralandia. Also they can use special shareholder discounts for various ancillary services.
“Last year we concluded the first phase of our intensive investment cycle in the Tatras, under which we invested 190 million euros into growth of our resorts and hotels. During the Shareholders’ Weekend not only can our shareholders vote at the General Meeting, but they can also fully enjoy our results, such as the ultramodern cableway, Funitel, in Jasná, the newly opened Rotunda restaurant at the peak of Chopok Mountain with the view of the Tatras, or the Tatra-style tropics of Tropical Paradise in Tatralandia,” Bohuš Hlavatý, Chairman of the Board of Directors and CEO of TMR, added.
For the prior financial year ending 31/10/2013 TMR achieved net individual income of EUR 5.7 million. TMR’s Board of Directors proposes to distribute 10% into the reserve fund and to retain the rest in the Company.
Shareholders owning the TMR stock on the record date – 9 April 2014 may attend the AGM. More information, including detailed items of the AGM’s agenda and relevant documents are available at http://www.tmr.sk/investor-relations/regulated-information/general-meetings/.
The invitation and information on the accompanying program are available here.
Tatry mountain resorts, a.s. (TMR) is the leader in tourism in the Central and Eastern Europe; it owns and operates attractive mountain resorts and hotels. In the Low Tatras TMR owns and operates the resort Jasná Nízke Tatry and hotels Wellness hotel Grand Jasná, Boutique Hotel Tri Studničky, Chalets Jasná De Luxe, Hotel Srdiečko, and Million Star Hotel. TMR is also the owner of Aquapark Tatralandia, the largest Slovak aquapark with year-round operation, which besides water entertainment includes Tropical Paradise, a special tropical indoor hall with sea water, as well as accommodation in bungalows and apartments of Holiday Village Tatralandia. In the High Tatras TMR owns and operates the resort Vysoké Tatry with mountain areas of Tatranská Lomnica, Starý Smokovec and Štrbské Pleso, which TMR co-manages. In the High Tatras TMR also owns hotels Grandhotel Praha Tatranská Lomnica, Grandhotel Starý Smokovec, and Hotel FIS Štrbské Pleso. TMR also owns 19% in Melida, a.s., which leases and operates the resort Špindlerův Mlýn in the Czech Republic. In Poland TMR owns the Szczyrk resort. TMR also owns and leases to third parties hotels Slovakia, Kosodrevina, Liptov and Ski&Fun Záhradky a Bungalovy. By the end of 2013 nearly EUR 190 mil. have been invested into development and modernization of TMR’s resorts. TMR shares are traded on three European stock exchanges – in Bratislava, Prague, and Warsaw.