INTOSOL Holdings Plc / Ticker: INTO /
Index: LSE / Sector: Travel & Leisure
7 February 2019
INTOSOL Holdings
Plc (‘INTOSOL’ or the ‘Company’)
Dual Listing on
the Frankfurt Stock Exchange
INTOSOL Holdings Plc, the award-winning international luxury
travel company, is pleased to announce that in response to strong
investor demand, the Company’s shares have today commenced trading
on the Frankfurt Stock Exchange (‘FSE’). As a result, shares
in INTOSOL have been admitted to trading on the exchange under the
symbol 5IH. The entire issued ordinary share capital will
continue to trade on The London Stock Exchange under the symbol
INTO.
Given that the Company’s core operations are located in
Europe, the Board believes that a
Frankfurt listing will benefit
existing shareholders by making the Company’s shares more
accessible to European investors.
**ENDS**
For further information on INTOSOL visit the Company’s website
www.intosolholdingsplc.com or contact:
Rainer
Spekowius
Executive Chairman |
INTOSOL Holdings
Plc |
Tel: +44 (0) 20 7236
1177 |
Charles
Goodfellow / Martin Lampshire
(Corporate Broker) |
Peterhouse
Corporate Finance |
Tel: +44 (0) 20 7220
9791 |
Juliet
Earl / Gaby Jenner
(Financial PR) |
St Brides Partners
Ltd |
Tel: +44 (0) 20 7236
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.