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Fibra Inn Announces Extraordinary Shareholders’ Meeting to Take Place on April 28, 2017

MONTERREY, Mexico--(BUSINESS WIRE)--

Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) (“Fibra Inn” or “the Company”), the Mexican real estate investment trust internally-managed and specializing in the hotel industry serving the business traveler with global brands, announced the following:

FIBRA INN CALLS AN EXTRAORDINARY SHAREHOLDERS’ MEETING FOR HOLDERS OF THE REAL ESTATE TRUST CERTIFICATES (“CBFIs”) ISSUED BY DEUTSCHE BANK MEXICO S.A., INSTITUCION DE BANCA MULTIPLE, WHICH ACTS AS ISSUER FOR THE TRUST F/1616 “FIBRA INN,” TICKER SYMBOL “FINN13,” TO BE HELD ON APRIL 28, 2017.

In accordance with Articles 68 of Mexican Securities Market Law, Articles 217, 218, 219, 220 and 221 of the Securities and Credit Operations Law, Clause Eight, section 8.1 of Trust F/1616 (“the Trust”), the Company calls all holders of the CBFIs, of the ticker symbol "FINN13", issued by the Trust (“the Shareholders"), to the EXTRAORDINARY SHAREHOLDERS’ MEETING that will take place at 10:45 a.m. on April 28, 2017, at the offices of Deutsche Bank México, S.A., Institución de Banca Múltiple, located at: Torre Virreyes, Pedregal 24, Floor 20, Molino del Rey, 11040, Miguel Hidalgo, Mexico City, in order to discuss and approve the following:

MEETING AGENDA

  1. Proposal, discussion, and, submission for approval to modify, where applicable, the Trust agreement, in order to modify: (i) the Technical Committee’s current integration structure and its functions, and ii) the percentage of the required vote at the Shareholders’ Meetings for certain decision-making processes.
  2. Proposal, discussion, and, submission for approval to modify, where applicable, the Trust agreement, in order to modify certain rights of holders, related to the Shareholders’ Meetings.
  3. Appointment of special delegates to comply with the resolutions adopted at the Shareholders’ Meeting.
  4. Drafting, reading, and, submission for approval of the minutes of the meeting.

In accordance with Article 221 of the Securities and Credit Operations Law, in order to attend the General Extraordinary Shareholders’ Meeting, shareholders must present admission cards corresponding to their CBFIs, issued by the Common Representative. Therefore, prior to the meeting, shareholders must first present their certificates, or a receipt of deposit of certificates issued by S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V. at CIBanco, S.A., Institución de Banca Múltiple, at CIBanco, S.A., Institución de Banca Múltiple, located in Cordillera de los Andes, # 265, 2nd Floor, Colonia Lomas de Chapultepec, Delegación Miguel Hidalgo, C.P. 11000, Mexico City, to Monica Jimenez-Labora Sarabia and Lizbeth Moreno Martinez (mjimenezlabora@cibanco.com and limoreno@cibanco.com), in accordance with the regulations established by Mexican Securities Market Law, between the hours of 9:00am and 6:00pm, Monday through Friday, from the date of this announcement and until at least one business day prior to the date of the General Extraordinary Shareholders’ Meeting. In exchange for these documents, the Company will issue admission cards, which will include the name of the Holder and the number of CBFIs represented. No one will be admitted to the meeting without these documents present.

Shareholders may be represented at the General Extraordinary Shareholders’ Meeting by proxy, either by one or more persons designated by a power of attorney or as otherwise authorized by law, in accordance with the requirements established by Article 49, Section III of Mexican Securities Market Law.

The information and documents related to each of items of the Meeting Agenda for the General Extraordinary Shareholders’ Meeting are available to the holders 10 (ten) days prior to the meeting date, in the offices of the Common Representative and may also be accessed on the Trust’s website at www.fibrainn.mx.

This same announcement was published on April 4, 2017 in the Mexican Stock Exchange’s Emisnet in the corporate events section, as well as the CNBV´s STIV system.

About the Company

Fibra Inn is a Mexican trust formed primarily to acquire, develop, operate and rent a broad range of hotel properties in Mexico aimed at the business traveler. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. Additionally, the Company has development agreements. These hotels enjoy some of the industry’s top loyalty programs. Fibra Inn trades its Real Estate Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or “CBFIs”) on the Mexican Stock Exchange under the ticker symbol “FINN13”; its ADR trades on the OTC market in the U.S. under the ticker symbol “DFBRY”.

For more information, please visit: www.fibrainn.mx

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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