INTOSOL Holdings Plc announced that it has agreed a final purchase contract (the 'Contract') for Oceans Wilderness ('Oceans'), its nine-bedroom boutique hotel located in the Garden Route in South Africa for a final consideration of EUR 1,967,348.28. The company will pay the outstanding balance for Oceans in three tranches to be paid by 28 February 2020 as the first totaling EUR 367,348.28, the second totaling EUR 350,000 and the third totaling EUR 1,250,000.