Examples of Six Continents Group in a sentence
The pro forma tax charge has been calculated to reflect the pro forma finance charge and excludes the benefits arising from the tax arrangements of the Six Continents Group.
In addition, the Mitchells & Butlers Group no longer benefited from the Six Continents Group tax arrangements that were in place prior to the separation.
The Six Continents Group and the M and B Group shall make independent arrangements, commencing on the first day of the 2003/2004 tax year, for their employees in relation to healthcare services and shall fund such arrangements independently of the other party.
The final salary section will be restricted to those members who transfer their past service final salary benefits from the pension arrangements currently operating throughout the Six Continents Group, in accordance with the transfer arrangements described in 8.2 below.
At 30 September 2002, the scheme had a net deficit on a projected benefits obligation basis of $31m (2001: $16m).The Six Continents Group has no other significant post-retirement obligations.The pension costs related to the two principal plans are assessed in accordance with the advice of independent qualified actuaries using the projected unit method.
To the extent that Costs in respect of such Services are incurred after 30 September 2003, Six Continents shall, or shall procure that a member of the Six Continents Group shall, pay to M and B a sum equal to such Costs.
Stevan Porter (age 48) joined the Six Continents Group in 2001 as Chief Operating Officer of the Americas division, and had responsibility for all owned and managed properties of the Hotel Group throughout North and South America.
The Company shall be authorised and permitted following this Scheme becoming effective to dispose of the whole of the issued share capital of the companies in the Six Continents Group that are companies that conduct the Retail Business (or are holding companies of such companies) and are held directly by Six Continents to M and B at book value (a price likely to be less than market value) on terms that the price payable by M and B is left outstanding.
On 1 October 2002, the directors of Six Continents PLC announced their intention to split the Six Continents Group into two separate groups, the InterContinental Group and the M and B Group, as described in the Circular to Shareholders of Six Continents PLC dated 17 February 2003.
The Company has given indemnities in respect of the disposal of certain companies previously within the Six Continents Group.