SeaLink Travel Group Limited ("SeaLink") announced that it has completed the acquisition of 100% of Transit Systems Pty Ltd, Tower Transit Group Ltd. and their broader group of entities (including trusts) (together the "Transit Systems Group"). The SeaLink Board is also announced that Clint Feuerherdt, the current Group CEO of Transit Systems Group, has replaced Jeff Ellison as SeaLink Group CEO, effective from on January 16, 2020. Jeff has agreed to provide support to Clint to ensure a smooth transition of leadership by remaining as an executive director of SeaLink for a short period of time, following which he will remain on the SeaLink Board of Directors as a non-executive director to continue sharing his extensive tourism and transport experience and knowledge.

In addition, Neil Smith, one of the founding shareholders and current Chairman of Transit Systems Group, has joined the SeaLink Board of Directors as a non-executive director from January 16, 2020.