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thl sells shareholding in Camplify Holdings Limited

M&A6 March 2024THLConsumer Discretionary

Tourism Holdings Limited
Tel: +64 9 336 4299

The Beach House

Fax: +64 9 309 9269

Level 1, 83 Beach Road

www.thlonline.com

Auckland City


PO Box 4293, Shortland Street


Auckland 1140, New Zealand





7 March 2024


NZX | ASX | MEDIA RELEASE

TOURISM HOLDINGS LIMITED (thl)


THL SELLS SHAREHOLDING IN CAMPLIFY HOLDINGS LIMITED


thl advises that it has sold its 14.14% shareholding in ASX-listed peer-to-peer RV rental operator, Camplify

Holdings Limited (CHL).


The gross proceeds from the sale of thl’s shares in CHL is approximately A$19.2 million, based on a sale

price of A$1.90 per CHL share.


Commenting on the sale, thl Chief Executive Officer Grant Webster stated, “just over a year on from the

merger with Apollo Tourism & Leisure we have reviewed our position on our Camplify shareholding and

have decided to divest, given our focus on return on funds employed at thl and the fact that the

shareholding is not currently delivering a return on funds.


“We continue to believe the peer-to-peer RV rental industry is a valuable one and we remain open to re-

entering the industry at some point in the future.”


The sale of the shares in CHL is expected to settle on 11 March 2024.


ENDS


Authorised by:


Cathy Quinn

Chair, Tourism Holdings Limited


For further information contact:


Media:

Grant Webster

thl Chief Executive Officer

Direct Dial: +64 9 336 4255

Mobile: +64 21 449 210


Investors and Analysts:

Amir Ansari

Manager – Strategy & Development; Company Secretary

Direct Dial: +64 9 336 4203

Mobile: +64 21 163 8053


About thl (www.thlonline.com)








thl is a global tourism operator listed on the NZX and ASX (code: THL) and is the largest commercial RV rental operator in the world.

In New Zealand/Australia, thl operates rental brands (Maui, Britz, Apollo, Mighty, Hippie, Cheapa Campa), manufacturing (Action

Manufacturing, Apollo), retail brands (Talvor, Kea, Winnebago, Adria, Coromal, Windsor), retail dealerships (RV Super Centre,

Apollo RV Sales, Kratzmann, George Day, Sydney RV, Camperagent, E-Camperco), travel technology (TripTech) and tourism

attractions (Kiwi Experience and the Discover Waitomo Group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui

Cave and The Legendary Black Water Rafting Co.). In North America, thl operates the Road Bear RV, El Monte RV, CanaDream,

Britz and Mighty rental brands. In UK and Europe, thl operates the Just go, Apollo and Bunk Campers rental brands.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.