TCG Thomas Cook Group Plc

TIDMTCG

RNS Number : 4929M

Thomas Cook Group PLC

16 September 2019

Confirmation of Scheme Meetings and Scheme Sanctions Hearing

16 September 2019 - As part of the process to finalise the full commercial terms between Thomas Cook Group's creditors and stakeholders, the Scheme Meetings and the Schemes Sanction Hearing relating to Thomas Cook Group's proposed recapitalisation will take place on the 27 and 30 September respectively.

The Company continues to target implementation of the recapitalisation in early October.

-ENDS-

This announcement contains forward-looking statements in respect of the Group and its recapitalisation plan. By their nature, these statements involve uncertainty, known and unknown risks and other facts and therefore assurance cannot be given that any particular expectation will be met. In particular, while the Company continues to work towards the implementation of the recapitalisation plan, there can be no assurance that the recapitalisation plan will be implemented unless and until agreements have been reached with several parties and until all conditions are satisfied.

Contact Details:

 
                          Tej Randhawa, Thomas Cook 
 Analysts & Investors:     Group                              +44 (0) 20 7557 6487 
  Alex Bird, Thomas Cook Group                                +44 (0) 20 7294 7023 
 
                          Matthew Magee, Thomas Cook 
                           Group 
                           Chris Alfred, Thomas Cook          +44 (0) 20 7294 7059 
 Media:                    Group                               +44 (0) 20 7294 7203 
  Nigel Fairbrass, Eterna Partners                            +44 (0) 7799 894 265 
   Michael Baker, Eterna Partners                              +44 (0) 7782 398 418 
 
 

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END

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September 16, 2019 11:00 ET (15:00 GMT)

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