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EX-3.1 - EX-3.1 - Playa Hotels & Resorts N.V.d588148dex31.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 10, 2018

 

 

PLAYA HOTELS & RESORTS N.V.

(Exact Name of Registrant as Specified in Charter)

 

 

 

The Netherlands   1-38012   98-1346104

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

Prins Bernhardplein 200

1097 JB Amsterdam, the Netherlands

  Not Applicable
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: Tel: +31 20 808108

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

 

 

 


Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On May 10, 2018, Playa Hotels & Resorts N.V, a Dutch public limited liability company (the “Company”), amended its Articles of Association to remove the limit on the number of non-executive directors that could serve on the Company’s board of directors (the “Board”). This amendment was effectuated pursuant to a Deed of Amendment to our Articles of Association (the “Amendment”) and was approved by our Board and by our shareholders at our annual general meeting of shareholders held on May 10, 2018 (the “Annual Meeting”). The Amendment is filed as Exhibit 3.1 hereto and is incorporated by reference herein.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, the matters submitted to our shareholders for approval were: (1) the Amendment, (2) the election of directors, (3) the adoption of our Dutch Statutory Annual Accounts for the fiscal year ended December 31, 2017 (the “2017 Annual Accounts”), (4) the ratification of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018, (5) the instruction to Deloitte Accountants B.V. for the audit of the Company’s Dutch Statutory Annual Accounts for the fiscal year ending December 31, 2018, (6) the discharge of our directors from liability with respect to the performance of their duties during the fiscal year ended December 31, 2017 and (7) the authorization of the Board to acquire shares (and depository receipts for shares) in the capital of the Company. As set forth in greater detail below, each proposal received the affirmative vote of a majority of the votes cast by shareholders entitled to vote and therefore passed.

 

(1) The shareholders approved the Amendment:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

85,082,346

   433,004    264,023    5,027,645

 

(2) The following nominees were elected as directors to serve one-year terms:

 

Nominee

   Votes For      Votes Withheld      Abstain      Broker Non-Votes  

Bruce D. Wardinski 1

     77,680,530        7,835,479        263,364        5,027,645  

Richard B. Fried

     77,265,834        8,249,529        264,010        5,027,645  

Gloria Guevara

     85,506,215        9,794        263,364        5,027,645  

Daniel J. Hirsch

     76,681,993        8,834,016        263,364        5,027,645  

Hal Stanley Jones

     78,306,885        7,209,124        263,364        5,027,645  

Thomas Klein

     76,703,164        8,812,845        263,364        5,027,645  

Elizabeth Lieberman

     71,471,963        14,043,046        264,364        5,027,645  

Karl Peterson

     69,814,214        15,701,795        263,364        5,027,645  

Arturo Sarukhan

     78,734,953        6,781,316        263,104        5,027,645  

Charles Floyd

     77,485,768        8,030,241        263,364        5,027,645  

Christopher W. Zacca 2

     77,485,936        8,030,341        263,096        5,027,645  

Richard O. Byles 2

     77,485,290        8,030,987        263,096        5,027,645  

 

1 Elected as sole executive director.
2  Elected as non-executive director for a term to begin upon the consummation of the Company’s pending transaction with Sagicor Group Jamaica Limited.

 

(3) The shareholders adopted the 2017 Annual Accounts:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

85,512,973

   1,571    264,829    5,027,645

 

(4) The shareholders ratified the appointment of Deloitte:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

90,036,262

   496,594    274,162   


(5) The shareholders approved the Instruction to Deloitte Accountants B.V.:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

90,036,733

   496,594    273,691   

 

(6) The shareholders approved the discharge of our directors from liability for the year ended December 31, 2017:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

85,489,392

   23,626    266,355    5,027,645

 

(7) The shareholders approved the authorization of the board of directors to acquire Company shares:

 

Votes For

  

Votes Against

  

Abstain

  

Broker Non-Votes

67,599,531

   23,191,200    16,197   

 

Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit

    No.    

  

Description

3.1    Deed of Amendment to Articles of Association

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Playa Hotels & Resorts N.V.
Date: May 11, 2018     By:  

/s/ Bruce D. Wardinski

      Bruce D. Wardinski
      Chief Executive Officer