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TVC Announces Sale of its Stake in Dalata. Realising a Profit Over Carrying Value of €13.4m

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TVC Holdings plc

(‘TVC’ or the ‘Company’)

TVC Announces Sale of its Stake in Dalata Hotel Group p.l.c.

Realising a Profit Over Carrying Value of €13.4million

TVC Holdings plc, the investment holding company, today (Thursday, 20 March 2014) announced that it subscribed €15 million for new shares in Dalata’s IPO and has subsequently disposed of its entire shareholding of 11.08 million shares in Dalata for a total consideration of €30.4 million, realising a profit over carrying value on disposal of €13.4 million.

Contact information:

TVC Holdings plc

Shane Reihill, Executive Chairman

John Tracey, Chief Executive Officer

Tel: +353-1-205 7700

Davy

John Frain

Roland French

Tel: + 353-1-679 6363

Murray Consultants

Pauline McAlester

Tel: +353-1-498 0300

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