PPHE Hotel Group Limited PDMR Notification (8391X)
27 Dicembre 2023 - 8:00AM
UK Regulatory
TIDMPPH
RNS Number : 8391X
PPHE Hotel Group Limited
22 December 2023
22 December 2023
PPHE Hotel Group Limited
("PPHE" or the "Group")
PDMR Notification
PPHE Hotel Group, an international hospitality company which
owns and develops hotels and resorts, operates the Park Plaza(R)
brand in EMEA and owns the art'otel(R) brand, announces that on 22
December 2023 it was notified that President and Chief Executive
Officer, Boris Ivesha, purchased 4,636,974 ordinary shares in the
Company at GBP 11.40 per share from Walford Investment Holdings
Limited which is a person closely associated with Boris Ivesha. As
the transaction was between Boris Ivesha and a person closely
associated with Boris Ivesha the net number of shares in the
Company which Boris Ivesha is deemed to be interested in remains
the same.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide additional
detail.
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Boris Ivesha
------------------------------------------------------------- ---------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------------------------
a) Position/status President and Chief Executive Officer
------------------------------------------------------------- ---------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------------------------------------------
a) Name PPHE Hotel Group Limited
------------------------------------------------------------- ---------------------------------------
b) LEI 2138003H1BZGR6KM5823
------------------------------------------------------------- ---------------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code GG00B1Z5FH87/PPH
------------------------------------------------------------- ---------------------------------------
b) Nature of the transaction Purchase of shares
------------------------------------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP11.40 4,636,974
-----------
------------------------------------------------------------- ---------------------------------------
d) Aggregated information Aggregated Volume: 4,636,974
Aggregated Price: GBP 52,861,503.60
------------------------------------------------------------- ---------------------------------------
e) Date of the transaction 22-12-2023
------------------------------------------------------------- ---------------------------------------
f) Place of the transaction London, UK
------------------------------------------------------------- ---------------------------------------
- Ends -
Enquiries:
PPHE Hotel Group Limited Tel: +31 (0)20 717 8600
Daniel Kos, Chief Financial Officer & Executive
Director
Robert Henke, Executive Vice President
of Commercial Affairs
Hudson Sandler Tel: +44 (0)20 7796
4133
Wendy Baker / Charlotte Cobb / India Laidlaw pphe@hudsonsandler.com
Notes to Editors:
PPHE Hotel Group is an international hospitality real estate
company, with a GBP2.0 billion portfolio, valued as at December
2022 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily
prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and
associates it owns, co-owns, develops, leases, operates and
franchises hospitality real estate. Its portfolio includes
full-service upscale, upper upscale and lifestyle hotels in major
gateway cities and regional centres, as well as hotel, resort and
campsite properties in select resort destinations. The Group's
strategy is to grow its portfolio of core upper upscale city centre
hotels, leisure and outdoor hospitality and hospitality management
platform.
PPHE Hotel Group benefits from having an exclusive and perpetual
licence from the Radisson Hotel Group, one of the world's largest
hotel groups, to develop and operate Park Plaza(R) branded hotels
and resorts in Europe, the Middle East and Africa. In addition,
PPHE Hotel Group wholly owns, and operates under, the art'otel(R)
brand and its Croatian subsidiary owns, and operates under, the
Arena Hotels & Apartments(R) and Arena Campsites(R) brands.
PPHE Hotel Group is a Guernsey registered company with shares
listed on the London Stock Exchange. PPHE Hotel Group also holds a
controlling ownership interest in Arena Hospitality Group, whose
shares are listed on the Prime market of the Zagreb Stock
Exchange.
Company websites: www.pphe.com |
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com | www.artotel.com | www.arenahotels.com |
www.arenacampsites.com
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END
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