TVL current market cap $27million, will get rerated when this...

TVL current market cap $27million, will get rerated when this baby lists...



Company Details
Company Name: Wotif.com Holdings Limited
Stock Code: WTF
Industry Sector: Tourism and Leisure
ACN: 093 000 456
Address: 13 Railway Terrace, Milton, QLD, 4064
Website: http://www.wotif.com/
Telephone: 1300 887 979
Information:

Wotif.com is now one of the most readily recognised brands in the Australian and New Zealand market for online accommodation booking, with brand recognition estimated at 30% in Australia, 24% in New Zealand and higher among regular travellers.

The Company offer a compelling service that delivers customers:

* great rates over a broad range of accommodation;
* a fast and easy-to-use website;
* maximum convenience, enabling bookings to be made at any time, any day of the week, with instant booking confirmation; and
* 24/7 telephone support from their Customer Service Centre.

They offer accommodation suppliers:

* a low-cost distribution channel and a cost-effective way of reaching a large potential customer base;
* an efficient inventory and yield management tool; and
* a virtual sales and reservation solution.

Wotif.com’s low-cost, highly focused business model has consistently generated strong revenue and earnings growth since the Company commenced operations. The management team, led by founder and CEO Graeme Wood, has a proven track record; delivering revenue growth of 37% in FY2005, and a focus on continuing to deliver strong earnings growth.

Offer Information
Offer Status: Not Open
Open Date: 9th May, 2006
Close Date: 30th May, 2006
Float Date: 8th June, 2006
Issue Price: $2.00
Amount Sought: $171,968,000
Number of Shares: 85,984,000
Market Cap at Issue Price: $406,400,000
Corporate Services
Auditor:
Ernst & Young
Solicitor:
Clayton Utz
Share Registry:
Computershare Registry Services Pty Ltd
Lead Manager:
Macquarie Equity Capital Markets Limted
Lead Manager:
ABN Amro Morgans Ltd
Board Members
Non-Executive Chairman:
Di ck McIlwain
Managing Director and CEO:
Graeme Wood
Non-Executive Director:
Andrew Brice
Non-Executive Director:
Kevin Fitzpatrick
Non-Executive Director:
Ben Smith