Commerce Commission Approves Sale of Mighway & SHAREaCAMPER

25 March 2022

MEDIA | NZX RELEASE
TOURISM HOLDINGS LIMITED (thl)

COMMERCE COMMISSION APPROVES SALE OF MIGHWAY AND SHAREACAMPER

thl advises that the Commerce Commission has given clearance for the sale of thl’s Mighway and SHAREaCAMPER businesses to Camplify Holdings Limited (Camplify).

thl agreed to sell the businesses to Camplify on 26 October 2021 for a purchase price of AUD$7.37M, subject to closing adjustments, with the price being satisfied by Camplify issuing new fully paid ordinary shares.

thl and Camplify will work together to complete the transaction as soon as is practical within the next 30 days.

ENDS

Authorised by:



Grant Webster
thl Chief Executive

Direct Dial: +64 9 336 4255
Mobile: +64 21 449 210

About thl (www.thlonline.com)

thl is a global tourism operator. We are listed on the NZX and are the largest provider of RVs for rent and sale in Australia and New Zealand, and the second largest in North America. In the USA, we own and operate the Road Bear RV Rentals & Sales brand and El Monte RV Rentals & Sales. In the UK, thl owns 49% of Just go Motorhomes. Within New Zealand, we operate Kiwi Experience and the Discover Waitomo group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui Cave and The Legendary Black Water Rafting Co. thl also owns and operates Action Manufacturing, New Zealand’s largest motorhome and specialist vehicle manufacturer.

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