Update on ACCC application

28 April 2022

MEDIA | NZX RELEASE
TOURISM HOLDINGS LIMITED (thl)

UPDATE ON ACCC APPLICATION

thl advises that the Australian Competition and Consumer Commission (ACCC) has today released a Statement of Issues in respect of the proposed merger between thl and Apollo Tourism & Leisure Limited. The statutory timeframe for a decision from the ACCC has therefore been extended to 21 July 2022.

thl will continue to work with the ACCC throughout the second phase of its enquiries and to address the issues identified.

An update on thl’s clearance application with the New Zealand Commerce Commission is expected to be provided within 24 hours.

ENDS

Authorised by:

Rob Campbell
Chair, Tourism Holdings Limited

For further information contact:
Grant Webster
thl Chief Executive Officer
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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