PCA Shareholding

INTOSOL Holdings Plc - PCA Shareholding

PR Newswire

London, July 22

22 July 2019

INTOSOL Holdings Plc (‘INTOSOL’ or the ‘Company’)

PCA Shareholding

Further to the announcement on 18 July 2019 regarding the first tranche payment for Oceans Wilderness boutique hotel located in the Garden Route in South Africa (www.oceanswilderness.co.za), RSP Beteiligungs GmbH (“RSP”), a person closely associated to Rainer Spekowius, Executive Chairman of the Company, confirms that on 18 July 2019 it transferred 938,735 ordinary shares in the Company to Van Zuijlekom Afrika Trust (“Transfer”), the seller of Ocean Wilderness boutique hotel.

Following the Transfer, RSP is interested in 6,623,913 ordinary shares in the Company equating to 50.13% of the Company’s issued share capital. 

**ENDS**

For further information on INTOSOL visit the Company’s website www.intosolholdingsplc.com or contact:

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.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them