Sale of business & assets of Travelfast Limited
17/01/2020 07:00
RNS Number : 0908A
CEPS PLC
17 January 2020
CEPS PLC
("CEPS" or the "Company")
Sale of the business and assets of Travelfast Limited
The Board of CEPS announces that, further to the announcement made on 15 January 2020 regarding Travelfast Limited having been placed in administration, CEPS has been informed by the administrator of Travelfast Limited that the administrator has sold the business and assets of Travelfast Limited to a newly formed company called Sampling International Enterprises Limited (trading as Sampling International) which is connected with Stephen Hubbard, the former managing director of Travelfast Limited and, therefore, a related party of CEPS.
No return to CEPS will arise from the sale.
This announcement contains inside information for the purpose of Article 7 of EU Regulation 596/2014.
Enquiries
David Horner, Chairman +44 1225 483030
Cairn Financial Advisers LLP +44 207 213 0880
Tony Rawlinson
James Caithie
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