TIDMCEPS

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DISFZGMMNVDGGZM

(END) Dow Jones Newswires

January 17, 2020 02:00 ET (07:00 GMT)

Ceps (LSE:CEPS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Ceps Charts.
Ceps (LSE:CEPS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Ceps Charts.