TIDMTVZ

RNS Number : 2425L

Travelzest plc

08 August 2013

8 August 2013

Travelzest PLC

(the "Company")

Statement re. Carroll Litigation

Travelzest PLC announces that Jonathan Carroll, the Company's previous Chief Executive Officer, has initiated litigation in Canada against the Company, its Directors and trading subsidiaires.

The Company believes the claims made in this action have no foundation or merit and has instructed its lawyers to contest the action.

The Company will continue to update the market as appropriate.

Enquiries:

 
 Travelzest plc 
 Christopher Howell - Non-Executive        Via Redleaf Polhill 
  Chairman 
 
 Redleaf Polhill                           +44 (0)20 7382 4730 
 Rebecca Sanders-Hewett / Dwight Burden    travelzest@redleafpr.com 
 
 Sanlam Securities UK 
  (Nominated Adviser and Broker)           +44 (0)20 7628 2200 
 Simon Clements / Virginia Bull

Notes to Editors:

Travelzest plc (LSE:TVZ.L) is a dynamic travel group, with a collection of online travel retailers and specialized merchant operators. Included in the Travelzest agency family are itravel2000 and The Cruise Professionals,holiday.co.uk and flight.co.uk. Travelzest is traded on London's AIM Exchange under the symbol TVZ.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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