Invited Holdings, Inc. Announces Quarterly Dividend of $0.12 and Election of Board of Directors

DALLAS – Invited, The World Leader in Private Clubs® (NYSE: MYCC).  Invited announced today that its Board of Directors has declared a quarterly cash dividend of $0.12 per share payable on July 15, 2014 to all common stockholders of record at the close of business on July 7, 2014.

In addition, at its annual shareholder meeting held June 25, 2014, Invited announced the election of Martin Newburger, Steven Siegel and Bryan Traficanti as Class I directors for a term of three years.  By advisory votes, shareholders also approved the compensation of the Company's named executive officers and voted to hold this "Say on Pay" vote annually.  Shareholders also voted in favor of Invited’s appointment of Deloitte & Touche as the company’s independent registered public accounting firm for 2014.

 Eric Affeldt, president and chief executive officer: “We are pleased with the election of Marty, Steve and Bryan to our board of directors.  We are grateful for their contributions as we continue to grow the company and maximize shareholder value.  Our dividend is the result of strong first quarter operating results and the board’s confidence in both allocating capital to reinvention and acquisition opportunities while still returning cash to shareholders.” 

About Invited

Since its founding in 1957, Dallas-based Invited has operated with the central purpose of Building Relationships and Enriching Lives®. Invited is a leading owner-operator of private golf and country clubs, business, sports, and alumni clubs in North America. Invited owns or operates a portfolio of approximately 160 golf and country clubs, business clubs, sports clubs, and alumni clubs in 25 states, the District of Columbia and two foreign countries that serve over 370,000 members, with approximately 15,000 peak-season employees. Invited Holdings, Inc. is a publicly traded company on the New York Stock Exchange (NYSE: MYCC). Invited properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); Capital Club Beijing; and Metropolitan Club Chicago. You can find Invited on Facebook at facebook.com/Invited and on Twitter at @Invited.

About Invited 

Since its founding in 1957, Dallas-based Invited has operated with the central purpose of Building Relationships and Enriching Lives®. The leading owner-operator of private golf and country clubs, city and stadium clubs in North America, Invited is relentless in its pursuit of providing extraordinary experiences, meaningful connections, shared passions and memorable moments for its more than 430,000 members. With approximately 20,000 peak-season employees and a portfolio of over 200 owned or operated golf and country clubs, city clubs, sports clubs, and stadium clubs in 27 states, the District of Columbia and two foreign countries, Invited creates communities and a lifestyle through its championship golf courses, work spaces, handcrafted cuisine, resort-style pools, tennis facilities, golf lounges, fitness centers and robust programming. 

Invited properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); and The Metropolitan in Chicago. You can find Invited on Facebook at facebook.com/Invited and on Twitter at @InvitedClubs