INTOSOL Holdings plc Open Offer Update

 
TIDMINTO 
 
INTOSOL Holdings Plc / Ticker: INTO / Index: LSE / Sector: Travel & Leisure 
 
7 January 2019 
 
               INTOSOL Holdings Plc ('INTOSOL' or the 'Company') 
 
                               Open Offer Update 
 
INTOSOL Holdings Plc, the award-winning international luxury travel company, 
announces that, as per the RNS dated 16 November 2018, it has closed its Open 
Offer to Shareholders and that no additional funds have been taken by the 
Company. 
 
INTOSOL continues to make excellent progress in building a leading luxury 
bespoke travel company with an international client base, a global experience 
portfolio and a range of high-end properties across the world, providing high 
margin revenue and asset backing.  The Company continues to develop its SOUL 
Private Collection www.soulprivatecollection.com, a portfolio of owned and 
managed boutique hotels, which has recently been added to following the signing 
of a two year contract to manage a luxury hotel based in Cape Town, SOUL on 
Llandudno, www.soulonllandudno.co.za.   The portfolio now consists of six 
properties which continue to generate robust revenues and margins. 
 
                                   **ENDS** 
 
For further information on INTOSOL visit the Company's website 
www.intosolholdingsplc.com or contact: 
 
Rainer Spekowius            INTOSOL Holdings Plc        Tel: [phone] 
Executive Chairman                                      1177 
 
Charles Goodfellow / Martin Peterhouse Corporate        Tel: [phone] 
Lampshire                   Finance                     9791 
(Corporate Broker) 
 
Juliet Earl / Gaby Jenner   St Brides Partners Ltd      Tel: [phone] 
(Financial PR)                                          1177 
 
Notes 
 
INTOSOL Holdings PLC is a London listed international luxury travel company 
that merges private travel design with hotel management and property ownership 
to provide bespoke, high-end global travel experiences across the world.  Its 
profitable private design business which blends personal contact with 
proprietary technology, VIRTOSOL, already services a growing client base of 
over 15,000 and the Company is focussed on further expansion into 
English-speaking markets.  To increase margin and asset backing, it is building 
its SOUL Private Collection of leased and owned boutique properties.  In line 
with this, it is in the process of purchasing and developing a number of sites 
in South Africa including Oceans Wilderness, a luxury nine-bedroom boutique 
hotel in the Garden Route and a commercial safari lodge in the renowned 
Leadwood Big Game Estate, one of the premier places to see the Big 5. 
 
The luxury travel market continues to grow and tends to be immune to economic 
fluctuations, with high-end customers favouring bespoke and exclusive 
experiences regardless of the greater economic climate.  INTOSOL is ideally 
positioned to capitalise on this trend and execute its growth strategy to 
become a leading bespoke travel company with an international client base, a 
global experience portfolio and a range of high-end properties across the world 
providing high margin revenue and asset backing. 
 
 
 
END 
 

(END) Dow Jones Newswires

January 07, 2019 05:45 ET (10:45 GMT)