8th Aug 2013 07:45
8 August 2013
Travelzest PLC
(the "Company")
Statement re. Carroll Litigation
Travelzest PLC announces that Jonathan Carroll, the Company's previous Chief Executive Officer, has initiated litigation in Canada against the Company, its Directors and trading subsidiaires.
The Company believes the claims made in this action have no foundation or merit and has instructed its lawyers to contest the action.
The Company will continue to update the market as appropriate.
Enquiries:
Travelzest plc | |
Christopher Howell - Non-Executive Chairman | Via Redleaf Polhill |
Redleaf Polhill | +44 (0)20 7382 4730 |
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