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Thomas Cook Group plc (TCG.L)

TCG.L on London Stock Exchange

3.45GBp
22 Sep 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
3.45
Open
3.45
Day's High
3.45
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3.45
Volume
0
Avg. Vol
40,233,913
52-wk High
75.54
52-wk Low
3.22

Latest Key Developments (Source: Significant Developments)

Dart Sees Increased Levels Of Customer Demand Since Thomas Cook Liquidation
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Dart Group Plc ::TRADING UPDATE.IN OUR LEISURE TRAVEL BUSINESS WE HAVE CONTINUED TO RECEIVE ENCOURAGING LEVELS OF LATER SEASON BOOKINGS.EXPERIENCED INCREASED LEVELS OF CUSTOMER DEMAND SINCE THOMAS COOK GROUP PLC ENTERED INTO COMPULSORY LIQUIDATION.OVERALL DEMAND FOR BOTH OUR FLIGHT-ONLY OFFERING AND PACKAGE HOLIDAY PRODUCTS CONTINUING TO STRENGTHEN.CONTINUE TO ASSESS IMPACT THOMAS COOK GROUP LIQUIDATION WILL HAVE FOR OUR BUSINESS IN COMING MONTHS.CURRENT MARKET EXPECTATIONS FOR FY GROUP PROFIT BEFORE FOREIGN EXCHANGE REVALUATIONS AND TAXATION WILL BE EXCEEDED.GIVEN COST PRESSURES TRAVEL INDUSTRY IS FACING IN GENERAL, PLUS DEEPENING BREXIT UNCERTAINTY, WE REMAIN VERY CAUTIOUS IN OUTLOOK.  Full Article

UK's Unite Says Hundreds Of Thomas Cook Workers To Hold Demonstration On Sept.30
Friday, 27 Sep 2019 

Sept 27 (Reuters) - Thomas Cook Group plc ::UK'S UNITE - HUNDREDS OF THOMAS COOK WORKERS MADE REDUNDANT WITHOUT WARNING, WILL HOLD DEMONSTRATION AT CONSERVATIVE’S PARTY CONFERENCE ON SEPT 30.  Full Article

Fosun International Says Has Not Bought Further Interest In Thomas Cook After June 30
Friday, 27 Sep 2019 

Sept 27 (Reuters) - Fosun International Ltd <0656.HK>::UPDATES ON RECENT MARKET SPECULATION.APPLICATION FOR COMPULSORY LIQUIDATION OF THOMAS COOK HAS LIMITED FINANCIAL IMPACT TO GROUP.GROUP HAS NOT ACQUIRED ANY FURTHER INTEREST IN THOMAS COOK AFTER 30 JUNE 2019.AS AT 30 JUNE , GROUP HELD ABOUT 18.6% EQUITY INTERESTS IN THOMAS COOK AND CARRYING AMOUNT WAS APPROXIMATELY RMB327 MILLION.SAYS GROUP NEVER PROVIDED GUARANTEE TO THOMAS COOK AND HAS NOT MADE ANY INVESTMENT OVER POSSIBLE RECAPITALIZATION OF THOMAS COOK.  Full Article

IAG, On Acquiring Thomas Cook Slots At Gatwick, Says Will Be Looking At Opportunities If Slots Are Available
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - International Consolidated Airlines Group SA ::IAG, ON ACQUIRING THOMAS COOK SLOTS AT GATWICK, SAYS WILL BE LOOKING AT OPPORTUNITIES IF SLOTS ARE AVAILABLE.IAG SAYS THE STRIKE IN BARCELONA HAS HAD VERY LIMITED RIPPLE EFFECT INTO OTHER PARTS OF SPAIN.  Full Article

Lastminute.com Says Financial Guidance Not Under Review After Thomas Cook Liquidation
Tuesday, 24 Sep 2019 

Sept 24 (Reuters) - Lastminute.com NV ::AWARE THAT THOMAS COOK AIRLINES LTD AND OTHER COMPANIES IN THOMAS COOK GROUP PLC HAVE ENTERED COMPULSORY LIQUIDATION.MANAGEMENT DOES NOT SEE FINANCIAL GUIDANCE SET FOR 2019 TO BE UNDER REVIEW..  Full Article

Serko Confirms No Exposure To Thomas Cook Liquidation
Tuesday, 24 Sep 2019 

Sept 24 (Reuters) - Serko Ltd ::SERKO LTD - SERKO CONFIRMS NO EXPOSURE TO THOMAS COOK LIQUIDATION.SERKO - DOES NOT HAVE COMMERCIAL RELATIONSHIP WITH THOMAS COOK OR ANY FINANCIAL EXPOSURE AS A RESULT OF THOMAS COOK'S RECENTLY ANNOUNCED LIQUIDATION.  Full Article

Orascom Development Holding Says Minimal Impact From Thomas Cook Bankruptcy On Its Operations
Tuesday, 24 Sep 2019 

Sept 23 (Reuters) - Orascom Development Holding Ag ::EQS-ADHOC: ORASCOM DEVELOPMENT HOLDING AG: MINIMAL IMPACT FROM THOMAS COOK ON ORASCOM DEVELOPMENT'S GROUP OPERATIONS. CURRENT EFFECT ON OPERATIONAL BUSINESS IS IMMATERIAL.THOMAS COOK CURRENT EFFECT ON ODH OPERATIONS HOWEVER IS IMMATERIAL AND ITS SHORT-TERM IMPACT IS MINIMAL.ORASCOM DEVELOPMENT HOLDING - IN SITUATION TO CONFIRM THAT WE ALREADY COLLECTED UPFRONT PAYMENTS FROM COMPANY FOR HOTELS.ORASCOM DEVELOPMENT- REGARDING IMPACT OF THOMAS COOK'S BANKRUPTCY, DO NOT FORESEE BIG IMPACT AS OPERATIONS WILL FILL HOTELS' ROOMS UP WITH OTHER TOUR OPERATORS.FINALIZING CONSTRUCTION OF NEW 100 ROOM HOTEL PLANNED TO BE OPERATIONAL IN OCTOBER.AS FOR CONCERNED HOTELS, THERE IS NO SHAREHOLDING INTEREST OR OWNERSHIP IN HOTELS.ORASCOM DEVELOPMENT - ODH WILL ENSURE THAT HOTELS ARE WELL COMMERCIALIZED AND CO'S RETURN ON INVESTMENT IS INLINE WITH COMPANY'S PROJECTIONS & BUDGET.: THE TWO HOTELS ARE UNDER ORASCOM DEVELOPMENT OPERATIONS AND ARE FRANCHISED UNDER A FRANCHISE AGREEMENT.  Full Article

Aviva Says May Offer Ex-Gratia Payment For Unrecoverable Costs For Individual Cases After Thomas Cook Collapse
Monday, 23 Sep 2019 

Sept 23 (Reuters) - Aviva PLC ::AVIVA PLC SAYS UNDER TERMS AND CONDITIONS OF AVIVA’S TRAVEL INSURANCE THERE IS NO COVER FOR CANCELLATION DUE TO INSOLVENCY OF A TOUR OPERATOR.AVIVA PLC SAYS MAY OFFER EX-GRATIA PAYMENT FOR UNRECOVERABLE COSTS FOR INDIVIDUAL CASES AFTER THOMAS COOK COLLAPSE.  Full Article

Direct Line Says Does Not Cover Customers For Collapse Of Travel Agent, Tour Organiser, Booking Agent, Consolidator
Monday, 23 Sep 2019 

Sept 23 (Reuters) - Direct Line Insurance Group PLC ::DIRECT LINE, ON THOMAS COOK COLLAPSE, SAYS TRAVEL INSURANCE ARM DOES NOT COVER CUSTOMERS FOR THE FINANCIAL FAILURE OF ANY TRAVEL AGENT, TOUR ORGANISER.DIRECT LINE, ON THOMAS COOK COLLAPSE, SAYS TRAVEL INSURANCE ARM DOES NOT COVER CUSTOMERS FOR THE FINANCIAL FAILURE OF BOOKING AGENT OR CONSOLIDATOR.  Full Article

Saga Says Securing Alternative Flights, Where Possible, For Customers Impacted By Thomas Cook Collapse
Monday, 23 Sep 2019 

Sept 23 (Reuters) - Saga PLC ::SAGA, ON THOMAS COOK COLLAPSE, SAYS SECURING ALTERNATIVE FLIGHTS, WHERE POSSIBLE, FOR ANY CUSTOMERS DUE TO TRAVEL ON THEIR HOLIDAY IMMINENTLY.SAGA, ON THOMAS COOK COLLAPSE, SAYS WILL ENSURE THAT THE REPATRIATION OF ANY GUESTS WHO ARE IN RESORT AND DUE TO RETURN TO THE UK RUNS SMOOTHLY.SAGA, ON THOMAS COOK COLLAPSE, SAYS CUSTOMER BOOKINGS ON SAGA CRUISE OR HOLIDAY VIA THOMAS COOK WILL CONTINUE AS PLANNED.  Full Article

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Thomas Cook Germany withdraws bridging loan application: liquidator

BERLIN Insolvent Thomas Cook's German unit has withdrawn an application for a state bridging loan for legal reasons, the company's liquidator said on Wednesday, adding that the firm was still talking with investors about a possible rescue.