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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Thomas Cook Group Plc | LSE:TCG | London | Ordinary Share | GB00B1VYCH82 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.451 | 3.539 | 3.595 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDM87GO TIDMTCG
RNS Number : 0534R
Co-operative Group Limited
06 December 2016
The Co-op has served notice to exit the joint venture that was set up with Thomas Cook Group in 2011, which has operated the UK retail travel branches of both businesses.
Under the agreement the Co-op will receive GBP50m plus interest in return for its shares in the joint venture by 30 November 2017. A payment schedule has also been agreed for the guaranteed minimum dividend of GBP31.9m, with GBP20m due on 3 January 2017 and the remainder on 3 April 2017. Interest will be payable on both instalments.
For further information on the terms of the exit and the agreed payment schedule, please see the announcement made by Thomas Cook Group https://www.thomascookgroup.com/regulatory-news
This information is provided by RNS
The company news service from the London Stock Exchange
END
JVELIFERFSLRIIR
(END) Dow Jones Newswires
December 06, 2016 02:03 ET (07:03 GMT)
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