The specialist seller of 'travel ancillaries' is mulling a move to go public five years after it staged a management buyout valuing it at about £100m, Sky News learns.
A privately owned company which sells airport transfers and travel insurance is exploring a stock market flotation that could help to breathe fresh life into the City's moribund IPO pipeline.
Sky News has learnt that Holiday Extras, which was founded in 1983 by Gerry Pack, is drawing up plans for a possible future listing. Travel industry sources said the timing and size of a flotation were yet to be determined, while it was unclear on Thursday whether advisers had been appointed to work with the company.Holiday Extras staged a management buyout in 2018, which resulted in Mr Pack, its management team and an employee benefit trust owning the bulk of its shares.Accounts for the year ended 31 March 2022 filed at Companies House show it made a £4m loss, compared to a £9.5m loss the year before.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
London Overground: Design work for West London Orbital route beginsTfL hopes the service will begin running in the 2030s although the scheme is currently unfunded.
Lire la suite »
Thousands more holiday homes heading to Northampton holiday parkThe £30 million investment will see the number of plots on the Northampton holiday park increase to more than 5,000
Lire la suite »
Arm liable for $8.5B SoftBank loan if IPO is a no-showChip designer has until September to float or it's on the hook for parent company's borrowing
Lire la suite »
Sadiq Khan confirms West London Orbital rail link plans as Mayor faces Ulez expansion backlashSadiq Khan has confirmed plans for a new 'West London Orbital' Overground link from west to north west London set to launch in the early 2030s, as he faces pushback from councils over the Ultra Low Emission Zone (ULEZ) expansion.
Lire la suite »
Inside The London-Based Streetwear Brand That’s Become A Cool-Girl FavouriteAs seen on Zendaya in ‘Euphoria’, and in the wardrobes of fashion-forward celebrities.
Lire la suite »
XR threatens ‘unprecedented’ action ahead of London climate protest\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »