TIDMINTO 
 
INTOSOL Holdings Plc ('INTOSOL' or the 'Company') 
 
      Appointment of Advisor, Common Share Subscription and Market Making 
 
INTOSOL Holdings Plc, the award-winning international luxury travel company, is 
pleased to announce the appointment of CIC Capital Ltd ('CIC Capital') as 
Strategic Advisor to initiate a number of corporate actions as the Company 
looks to build its business and execute its strategy, which combines highly 
personalised travel design with hotel property ownership and management.  CIC 
Capital will undertake to: 
 
(i)        provide advisory services and documentation to obtain a FCA 
certificate of passport approval to change the Company's reporting regulator 
under Articles 17 and 18 of the Prospectus Directive 2O03l71lEC from Financial 
Conduct Authority UK to Commission de Surveillance du Secteur Financier (CSSF) 
Luxembourg.  The Company management and offices are in main-land Europe. The 
founder and Chairman principal language is German. Therefore long-term the 
Board believe it best suited that CSSF (Luxembourg) is to be the regulator of 
the Company's obligation under the EU Prospective Directive.  INTOSOL remains 
dual listed on the Standard List of the London Stock Exchange and the Frankfurt 
Stock Exchange ('FSE') and subject to their reporting requirements; 
 
(ii)        facilitate a new offering document and appoint an EU leading market 
maker to subscribe for GBP1,200,000 common shares off-market (not purchased from 
stock market, but new ordinary shares issued by the Company) in INTOSOL and 
facilitate the share distribution on the stock exchanges the Company's shares 
trade on, to increase share distribution.  A market maker or liquidity 
provider is a company that quotes both a buy and a sell price in a financial 
instrument or commodity. The cash received by the subscription will be used by 
the Company to undertake its business plans; 
 
(iii)        market INTOSOL to CIC Capital's sophisticated shareholder base to 
facilitate the purchase on market (purchased from the markets) of GBP1,500,000 
worth of common shares in INTOSOL; and 
 
(iv)        in the near future, establish a Luxembourg Securitisation vehicle 
compartment, through CIC Fund Securitisation SA, to position the Company to 
raise capital without shareholder dilution, to complete property acquisitions 
to expand its boutique hotel and luxury villa focussed SOUL Private Collection 
(www.soulprivatecollection.com).  Securitisation of illiquid assets like 
property can be used to raise capital. This is part of the Company's long-term 
strategy of having both a high value property business and luxury hotel 
business thus increasing operating margins and building asset value. 
 
A General Meeting is to be held on October 4, 2019 at Avenir Registrars 5 St 
John's Lane, London EC1M 4BH. The meeting circular and proxy voting form are 
available on the Company's web site: www.intosolholdingsplc.com. 
 
The Board believes that the above actions will enable the Company to implement 
its growth strategy and build long term value for shareholders and garner 
support from both European and UK investors.  It remains committed to the 
Company's London listing and looks forward to working with its wider advisory 
team to execute its business model. 
 
INTOSOL Executive Chairman, Rainer Spekowius, said: "We are delighted to 
welcome CIC Capital to the team as we look to execute our growth strategy, 
build out our boutique property portfolio and broaden the Company's shareholder 
base.  They have agreed to support us through a number of corporate actions and 
investment initiatives which we believe will allow us to execute our strategy 
and importantly, the effect of a market maker and sophisticated investor 
syndicate, should provide for an increase in the Company's free float, 
facilitating improved liquidity in tradable common shares.  Furthermore, the 
above market making strategy is aimed at boosting our share trading and 
distribution volumes whilst maintaining an orderly market.  Our business 
continues to improve, and I look forward to updating the market on developments 
in due course." 
 
                                    **ENDS** 
 
For further information on INTOSOL visit the Company's website 
www.intosolholdingsplc.com or contact: 
 
Rainer Spekowius           INTOSOL Holdings Plc    Tel: +44 (0) 20 7236 1177 
Executive Chairman 
 
Claire Noyce               Hybridan LLP            Tel: +44 (0)203 764 2341 
(Corporate Broker) 
 
Juliet Earl / Gaby Jenner  St Brides Partners Ltd  Tel: +44 (0) 20 7236 1177 
(Financial PR) 
 
Notes: 
 
INTOSOL Holdings PLC is a London-listed international luxury travel company 
that combines highly personalised travel design with property ownership and 
management to provide high-end global travel experiences.  To improve  margins, 
it is building its SOUL Private Collection of leased and owned boutique 
properties, and 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 locations  to see the 
so-called Big Five on safari (lion, leopard, rhinoceros, elephant and Cape 
buffalo). 
 
The SOUL Private Collection 
 
INTOSOL's SOUL Private Collection includes two properties in Cape Town, South 
Africa: SOUL on Llandudno (www.soulonllandudno.co.za) and Penthouse on Beach ( 
www.penthouseonbeach.co.za). 
 
The flagship property in the portfolio, Oceans Wilderness ( 
www.oceanswilderness.co.za), which reported a strong maiden financial 
performance in its first year of operation, is located on the Garden Route 
along with SOUL Rainbow's End and SOUL on the Heads. The Company also owns a 
site to build the Leadwood Safari Lodge in the Leadwood Big Game Estate ( 
www.leadwood.net), one of the premier locations globally to see the Big Five in 
the wild. 
 
INTOSOL Private Travel Design 
 
The Private Travel Design division tailors bespoke and unique experiences to a 
high-end client base which currently stands at over 15,000. The division has a 
unique and growing network of over 3,500 hotel and agency partners worldwide. 
 
 
 
END 
 

(END) Dow Jones Newswires

September 25, 2019 04:00 ET (08:00 GMT)

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