Travelport Worldwide Limited Announces Halt in Share Transfers
LANGLEY, England, Sept. 11, 2014 /PRNewswire/ -- Travelport Worldwide Limited, ("Travelport" or "the Company") today announced that consistent with the Company's registration rights agreement and certain agreements entered into with current holders of the Company's common shares, the Company will not process transfers of its common shares for pre-IPO shareholders on its books and records beginning on Friday, September 12, 2014 and through 180 days after the pricing of its initial public offering. This halt on transfers is subject to the exceptions set forth in the lock-up agreement to be distributed to shareholders and applies to current holders of our common shares including holders of 5% or more of our outstanding common shares.
This halt in transfers does not apply to common shares purchased in the Company's initial public offering or acquired in the market on the New York Stock Exchange.
The Company issued another press release today regarding its initial public offering.
About Travelport
Travelport is a travel commerce platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry. Travelport is comprised of a Travel Commerce Platform, through which it facilitates travel commerce by connecting the world's leading travel providers with online and offline travel buyers in a travel commerce marketplace; and its Technology Services, through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.
Investor contact:
Majid Nazir
Vice President, Investor Relations
Tel: +44 (0)1753 288 857
[email protected]
Media contact:
Kate Aldridge
Vice President, Corporate Communications
Tel: +44 (0)1753 288 720
[email protected]
SOURCE Travelport Worldwide Limited
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