Tourism Holdings Limited Ordinary Shares

THL.NZX

Consumer Discretionary

Tourism Holdings Limited is New Zealand's premier tourism company. It is the largest provider of holiday vehicles for rent and sale in Australia and New Zealand under the Maui, Britz, Mighty, KEA Australia and Motek Vehicle Sales brands. In the USA it owns and operates the Road Bear RV Rentals and Sales brand. Within New Zealand, Tourism Holdings Limited also operatse Kiwi Experience and the Discover Waitomo Group which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui Cave and The Legendary Black Water Rafting Co. In 2012 the company entered in a joint venture to form RV Manufacturing Group LP, New Zealand's largest motorhome and specialist vehicle manufacturer. RVMG LP has operations both in Auckland and Hamilton.

Market Data

Price

$2.860

0.0%
Market Cap

$633.5M

P/E Ratio

-29.4x

EPS

$-0.097

Div. Yield

3.40%

52-Week Change

+0.4%

Recent Announcements

3 Jul 2026 Neutral

BGH Consortium confidentiality agreement executed

Tourism Holdings Limited (THL) has executed a confidentiality agreement with the BGH Consortium (BGH Capital and the Trouchet family interests), granting them access to commence due diligence for a potential acquisition of THL at an indicative all-cash offer price of no less than NZ$3.10 per share. The Board notes this does not constitute a recommendation and no decision has been made to proceed with any transaction.

1 Jul 2026 Neutral

Capital Change Notice

Tourism Holdings Limited (THL) cancelled 72,000 unlisted Long Term Incentive Scheme options (0.60% of the class) on 30 June 2026 due to expiry, leaving 11,981,000 options remaining in the scheme.

1 Jul 2026 Insider Neutral

Capital Change Notice / Ongoing Disclosure Notices

Tourism Holdings Limited executives Grant Webster (CEO) and Matthew Harvey (COO - NZ) exercised a combined 297,466 Retention Share Options on 30 June 2026 at $2.00 per option, resulting in the issuance of 297,466 ordinary shares (0.13% of total class), with the options expiring on 3 July 2026.

26 Jun 2026 Sph Neutral

SPH Notice - Barmil Enterprises Pty Ltd

Barmil Enterprises Pty Ltd disclosed a change in substantial holding (11.790%).

26 Jun 2026 Sph Neutral

SPH Notice - 5382917 Limited (SPV) BGH Capital IIA Pty Ltd

5382917 Limited (SPV) BGH Capital IIA Pty Ltd disclosed a change in substantial holding (19.980%).

25 Jun 2026 Neutral

Additional NBIO received plus BGH engagement update

Tourism Holdings Limited has received an additional non-binding indicative offer (NBIO) from a credible strategic buyer at NZ$3.30-NZ$3.40 per share for 100% of the company shares, and has granted due diligence access to this buyer. The company is also continuing negotiations with the BGH Consortium regarding a confidentiality agreement to allow them to commence due diligence, with no certainty either offer will result in a transaction.

12 Jun 2026 Neutral

thl grants due diligence access to BGH Consortium

Tourism Holdings Limited (THL) has granted due diligence access to a consortium led by BGH Capital and the Trouchet family interests for a potential acquisition at NZ$3.10 per share, with the Board expecting any binding proposal to reflect a price at or above this level following due diligence completion.

11 Jun 2026 Sph Neutral

SPH Notice - Barmil Enterprises Pty Ltd

Barmil Enterprises Pty Ltd changed substantial holding from 11.795% to 11.790%.

11 Jun 2026 Sph Neutral

SPH Notice - SPV/BGH

SPV/BGH changed substantial holding from 19.990% to 19.980%.

2 Jun 2026 Leadership Neutral

Chief People and Capability Officer Appointment

Tourism Holdings Limited (NZX:THL, ASX:THL) announces the appointment of Kylie Elsom as Chief People and Capability Officer, effective September 2026. Elsom brings extensive people leadership experience from roles at Vodafone New Zealand, MediaWorks, Warner Bros Discovery, and Pie Funds, and will be based at thl's Auckland headquarters.

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