CEPS PLC

Legal Proceedings Report • Jan 17, 2020

National Storage Mechanism | Additional information

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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

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