COMPAGNIE DES ALPES (EPA:CDA) - CDA - Following Shareholders' Meeting and Board of Director meeting of 9 March 2017

Transparency directive : regulatory news

09/03/2017 18:32

Press Release

Ordinary Shareholders' Meeting and Board of Directors meeting of Thursday, 9
March 2017: payment of a dividend of EUR0.40 per share

Renewal of the appointment of Dominique Marcel as Chairman and Chief Executive
Officer

9 March 2017 - The shareholders of Compagnie des Alpes, meeting today at its
annual Ordinary Shareholders' Meeting in Paris, approved all the resolutions
submitted to them by the Board of Directors.

Specifically, they approved the payment of a dividend of EUR0.40 per share. The
ex-dividend date is the morning of 14 March 2017 and the payment date is 16
March 2017.

They also approved the renewal of the offices of directors Dominique Marcel,
Antoine Gosset-Grainville, Girorgio Frasca and Francis Szpiner, the appointment
of the company SOFIVAL (previously represented by its Chairman) and of Carole
Montillet (Olympic alpine skiing champion and Super-G World Champion) as  an
independent director.

Finally, at a meeting held after the Shareholders' meeting, the Board of
Directors renewed the appointment of Dominique Marcel as Chairman and Chief
Executive Officer for a further four-year term.

At the end of the Board Meeting, Dominique Marcel said: "I would like to thank
the shareholders for their renewed confidence. I see this as encouragement to
pursue and step up our strategy to accelerate our international growth and
accept new partners as company shareholders".

Upcoming events:

* 2016/2017 Q2 sales: Thursday, 20 April, after stock market closes.
* First-half results of FY 2016/2017: Tuesday, 23 May, before stock market
  opens.

www.compagniedesalpes.com

Since it was founded in 1989, Compagnie des Alpes has established itself as an
uncontested global leader in the leisure industry, where it currently ranks
number 10 worldwide. At the helm of 11 of the world?s most prestigious ski
resorts (Tignes, Val d?Isère, Les Arcs, La Plagne, Les Menuires, Les 2Alpes,
Méribel, Serre-Chevalier, etc.) and13 renowned leisure destinations (Parc
Astérix, Grévin, Walibi, Futuroscope, etc.), the company is steadily
expanding in Europe (France, the Netherlands, Belgium, Germany, etc.) and, more
recently, at the international level (Grévin Montréal in April 2013, Grévin
Prague in May 2014, Grévin Seoul in July 2015 and engineering and management
assistance contracts (Russia, Morocco, Japan)). CDA also owns stakes in 4 ski
areas, including Chamonix.
During the financial year ended September 30, 2016, CDA facilities welcomed
almost 22.5 million visitors and generated consolidated sales of EUR720.2 M.
With almost 5,000 employees, Compagnie des Alpes works with its partners to
build projects that generate unique experiences, the opposite of a standardized
concept. Exceptional leisure activities for everyone.

CDA is included in the following indices: CAC All-Shares, CAC All-Tradable, CAC
Mid & Small et CAC Small.
ISIN: FR0000053324; Reuters: CDAF.PA ; FTSE: 5755 Recreational services

Contacts:
Compagnie des Alpes :                  Denis HERMESSE    +33 1 46 84 88 97
                                       denis.hermesse@compagniedesalpes.fr
                                       Sandra PICARD     +33.1 46 84 88 53
                                       sandra.picard@compagniedesalpes.fr
                                       Alexis d'ARGENT   +33 1 46 84 88 79
                                       alexis.dargent@compagniedesalpes.fr

Thomas Thomas Marko & Associés:        Xavier YVON       +33.6 88 29 72 37
                                       xavier.y@tmarkoagency.com

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COMPAGNIE DES ALPES (EPA:CDA) - CDA - Following Shareholders' Meeting and Board of Director meeting of 9 March 2017

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