TIDMEZH

RNS Number : 8259K

easyHotel PLC

30 June 2014

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

30 June 2014

easyHotel plc

First day of dealings

easyHotel, the international owner, developer, operator and franchisor of "super budget" branded hotels is pleased to announce that admission took place and dealings in its ordinary shares commenced at 08:00am today on the AIM market of the London Stock Exchange plc under the ticker "EZH".

The Company's admission document can be found at http://ir.easyhotel.com.

- Ends -

For further information regarding easyHotel, please call:

 
 easyHotel plc                                   www.easyhotel.com 
 Simon Champion (Chief Executive Officer) 
 Darren Mee (Chief Financial Officer) 
 
 Investec Bank plc (NOMAD, Sole Bookrunner 
  and Broker)                                 +44 (0) 20 7597 4000 
 Chris Treneman 
 David Flin 
 David Anderson 
 Matt Lewis 
  Symmie Swil 
 
 Hudson Sandler (Financial PR)                +44 (0) 20 7796 4133 
 Michael Sandler 
 Wendy Baker

Notes to Editors:

Information on easyHotel:

easyHotel is the international owner, developer, operator and franchisor of branded hotels. Its strategy is to target the "super budget" segment of the hotel industry by marketing "clean, comfortable and safe" hotel rooms to its customers. easyHotel currently has a hotel portfolio comprising approximately 1,600 rooms consisting of two wholly-owned freehold hotels, and 17 franchised hotels, as well as one long leasehold development site.

DISCLAIMER

Defined terms used in this announcement have the same meaning as set out in the Company's admission document dated 25 June 2014.

This announcement does not constitute an admission document relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company in any jurisdiction nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract therefore.

Recipients of this announcement who are considering acquiring shares following publication of the admission document are reminded that any such acquisition must be made only on the basis of the information contained in the admission document which may be different from the information contained in this announcement.

Investec Bank plc ("Investec") which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority is acting exclusively for the Company and no one else in connection with the Placing and Admission, and Investec will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Placing and Admission or any other matters referred to in this announcement.

The shares have not been, nor will they be, registered under the US Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States or under the applicable securities laws of Australia, Canada, Japan, South Africa or the Republic of Ireland. Subject to certain exceptions, the shares may not be offered or sold in the United States, Australia, Canada, Japan, South Africa or the Republic of Ireland or to or for the account or benefit of any national, resident or citizen of Australia, Canada, Japan, South Africa or the Republic of Ireland or any person located in the United States. The offer of the shares and the distribution of this announcement in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.

This announcement may include "forward-looking statements". All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the Company's evaluation of the potential acquisition) are forward-looking statements.

Forward-looking statements are subject to risks and uncertainties and accordingly the Company's actual future financial results and operational performance may differ materially from the results and performance expressed in, or implied by, the statements. These factors include but are not limited to those described in the formal admission document.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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