23rd Jul 2013 07:00
23 July 2013
Travelzest PLC
(the "Company")
Directorate Change
Travelzest PLC today announces that Jonathan Carroll's contract has been terminated. Mr Carroll will cease to act as chief executive officer and employee of the Company and all its subsidiaries with immediate effect. A further announcement regarding his position as a director will be made in due course.
In the short term, Adrian Cobbold, group finance director, will assume responsibility for the day to day operations of the business, supported by Christopher Howell, in his capacity as non-executive chairman, and Nigel Jenkins and the rest of the board.
The Company continues to be run in line with the Board's stated strategy.
Enquiries:
Travelzest plc | |
Christopher Howell - Non-Executive Chairman | Via Redleaf Polhill |
Redleaf Polhill | +44 (0)20 7566 6720 |
Rebecca Sanders-Hewett / Dwight Burden | |
Sanlam Securities UK (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 and specialized merchant operators. Included in the Travelzest agency family are itravel2000 and The Cruise Professionals, holiday.co.uk and flight.co.uk. Travelzest is traded on London's AIM Exchange under the symbol TVZ.
Related Shares:
TVZ.L