BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital” or the “Company”) and its affiliated company Bluegreen Vacations Corporation (NYSE: BXG) (“Bluegreen Vacations” or “Bluegreen”) today announced that representatives of both companies will celebrate their successful 2017 listings on the New York Stock Exchange (NYSE: ICE) with dual bell ringing ceremonies on January 12, 2018.
Alan B. Levan, BBX Capital’s Chairman and Chief Executive Officer will ring The Opening Bell™ at 9:30 a.m. EST, accompanied by members of BBX Capital’s management team. In addition, Mr. Levan, who is also Chairman of Bluegreen Vacations, will ring The Closing Bell™ at 4:00 p.m. EST accompanied by Shawn B. Pearson, Bluegreen’s Chief Executive Officer and Bluegreen’s management team.
Mr. Levan commented, “2017 was a transformative year for both BBX Capital and Bluegreen Vacations. I am honored as Chairman of these two affiliated companies to have the unique opportunity to ring both the Opening and Closing Bell of the New York Stock Exchange, the largest equity market in the world, on the same day, which we believe is a historic occasion at the Exchange. It is a momentous way to mark these two NYSE listings, as well as the dedication of our management teams and employees that have contributed to our success.”
Investor Meeting to Be Held
In conjunction with their participation in the Bell Ringing Ceremonies, BBX Capital and Bluegreen Vacations will be hosting an investor meeting at the New York Stock Exchange, including presentations, luncheon and “meet & greet” sessions with the managements from both companies. Interested parties should contact Investor Relations for further information.
About Bluegreen Vacations Corporation:
Bluegreen Vacations Corporation, founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with approximately 211,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.
About BBX Capital Corporation:
BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), formerly BFC Financial Corporation, is a diversified holding company whose activities include its approximate 90% ownership of Bluegreen Vacations Corporation and, through its Real Estate and Middle Market Divisions, the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects and middle market operating businesses. As of September 30, 2017, BBX Capital had total consolidated assets of $1.5 billion. For further information, visit www.BBXCapital.com.