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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Travelzest | LSE:TVZ | London | Ordinary Share | GB0032849084 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTVZ
RNS Number : 1333S
Travelzest plc
04 November 2013
4 November 2013
Travelzest PLC
("Travelzest" or the "Company")
Statement re Suspension
The Board of Travelzest today announces that the Company's shares have been suspended from trading on AIM with immediate effect.
This is following the receipt, by the Company, of a demand notice from the Company's primary lender, Elleway Acquisitions Limited ("EAL"), for the immediate repayment of all monies owed to EAL by the Company.
At this time the Company is unable to repay the monies owed to EAL and consequently there is a material uncertainty around the Company's short term working capital position.
The Company will make further announcements as appropriate.
Enquiries:
Travelzest plc Christopher Howell - Non-Executive Via Redleaf Polhill Chairman Redleaf Polhill +44 (0)20 7566 6720 Rebecca Sanders-Hewett / Jenny Bahr travelzest@redleafpr.com Sanlam Securities UK Limited (Nominated Adviser and Broker) +44 (0)20 7628 2200 Simon Clements / Virginia Bull
Notes to Editors:
Travelzest plc (LSE:TVZ.L) is a dynamic travel group, with a collection of online travel retailers. Included in the Travelzest agency family are itravel2000 and The Cruise Professionals. Travelzest is traded on London's AIM Exchange under the symbol TVZ.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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