19 Nov 2019 14:45
INTOSOL Holdings Plc - Corporate UpdateINTOSOL Holdings Plc - Corporate Update
PR Newswire
London, November 19
INTOSOL HOLDINGS PLC.
Corporate Update
INTOSOL Holdings Plc. (‘INTOSOL’ or the ‘Company’), the award-winning international luxury travel company, is pleased to advise, Rainer Spekowius a Director of the Company, will loan the Company 877,336 common shares in accordance with the on-going acquisition of the luxury Oceans Wilderness Hotel, located on the Garden route South Africa. The Company will return the common shares at the Company’s discretion. This transaction is a related party transaction and approved by the board with Rainer Spekowius abstaining from voting.
For further information on INTOSOL visit the Company’s website www.INTOSOLholdingsplc.com or contact:
| Rainer Spekowius Chairman | INTOSOL Holdings Plc | Tel: +44 (0) 20 7236 1177 | |
| Claire Noyce Corporate Broker | Hybridan LLP | Tel: +44 (0)203 764 2341 |
INTOSOL Holdings Plc.
INTOSOL Holdings PLC is international luxury travel company that combines highly personalised travel design with property ownership and management to provide high-end luxury global travel experiences. The Private Travel Design division tailors bespoke and unique experiences to a high-end client base which currently stands at over 17,000. The division has a unique and growing network of over 3,500 hotel and agency partners worldwide.