thl sells shareholding in Camplify Holdings Limited
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.