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eDreams ODIGEO announces redomicile to Spain and changes to its Board of Directors

The Board announces the plan to move the registered seat of the Group from Luxembourgn to Spain, and appoints Carmen Allo Pérez as an independent director and audit chair

Barcelona – WEBWIRE

eDreams ODIGEO, the largest online travel agency in Europe and one of the largest European e-commerce businesses, announced a plan to move the Group’s registered seat from Luxembourg to Spain, to achieve organizational and cost efficiencies. The Shareholder Meetings required to execute the move will be convened in June and will take place in September.

eDreams ODIGEO also announced the new composition of its Board of Directors in connection with the move. With the expiration of Robert A. Gray’s mandate as Vice Chairman and Independent Director, Carmen Allo Pérez has been named as an Independent Director and Audit Chair. These decisions are subject to shareholder approval at the next Annual General Meeting.

The Board would like to thank Robert Gray for his dedication and valuable contribution to the company, including leadership in overseeing major capital transactions and the establishment of robust governance and risk management processes following eDreams ODIGEO’s IPO in April 2014. Also, the Board welcomes Carmen Allo Pérez, who brings a wealth of experience in corporate and investment banking in the largest European
and American banks. She serves as Chairman of the Audit Committee at CAF and was previously Chairman of the Audit Committee of Natra, two companies publicly traded in the Spanish market. Also, she is currently a Professor at Instituto de Empresa.

Robert A. Gray said “It has been a great pleasure to work with eDreams ODIGEO through the extraordinary transformation we’ve achieved over the last six years. With the redomicile to Spain, the time is right for me to focus on my interests in the US, and I’m confident that the Board, Dana and his team are well prepared to lead the company not only through this challenging moment in our industry but beyond to its very bright future as an important player in the global travel market.”

Carmen Allo said “I am looking forward to joining and supporting eDreams ODIGEO. As a leading global company with strong brands, world-class technology and resilient business model I am eager to contribute to the company’s growth and long term sustainability.”

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 18 million customers per year across 46 markets. Listed on the Spanish Stock Market, eDreams ODIGEO works with over 665 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.

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