For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211109:nRSI8390Ra&default-theme=true
RNS Number : 8390R Travel Chapter Holdings plc 09 November 2021
9 November 2021
Travel Chapter Holdings plc
IPO Update
Following the announcement by Travel Chapter Holdings plc ("Travel Chapter" or
the "Group"), on 21 October 2021 outlining its intention to float on AIM, the
Group today announces that it has decided to postpone its proposed initial
public offering. Although Travel Chapter received considerable institutional
investor support for the Group's business model, growth strategy and
management team, the Board and shareholders have decided that proceeding with
an initial public offering in this period of market volatility is not in the
best interests of the Group and its stakeholders.
For further information, please contact:
Travel Chapter Holdings plc via FTI Consulting
Jayne McClure, Chief Executive Officer +44 20 3727 1000
Tim Buss, Chief Financial Officer
FTI Consulting (Financial PR) +44 20 3727 1000
Alex Beagley, Tom Hufton, Fiona Walker, Zoe Williams TravelChapter@fticonsulting.com
GCA Altium Limited (Lead Financial Adviser and Nominated Adviser) +44 20 7484 4040
Christopher Jones, Tim Richardson, Mitchell Parr
Numis Securities Limited (Sole Broker and Bookrunner) +44 20 7260 1000
James Taylor, Stuart Dickson, Jamie Loughborough, Edmund van der Klugt,
William Baunton
IMPORTANT NOTICES:
Each of GCA Altium Limited and Numis Securities Limited are acting exclusively
for Travel Chapter and no one else in connection with the matters referred to
herein, and neither will regard any other person (whether or not a recipient
of this announcement) as their client in relation to such matters, and will
not be responsible to anyone other than Travel Chapter for providing the
protections afforded to their clients or for giving advice in relation to the
same.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRABSBDBUDGDGBC