Action Hotels PLC Directorate Change (0312K)
April 05 2018 - 12:17PM
UK Regulatory
TIDMAHCG
RNS Number : 0312K
Action Hotels PLC
05 April 2018
Action Hotels plc
("Action Hotels" or the "Company")
Directorate change
Action Hotels plc, the leading owner, developer and asset
manager of branded three and four-star hotels in the Middle East
and Australia, announces that the Company's Chief Executive
Officer, Alain Debare, has informed the Board of his decision to
resign from the Company, including stepping down from his Board
position.
The Company confirms that Alain has agreed to continue to
perform his role as Chief Executive Officer for up to six months,
in order to facilitate an orderly transition process and allow the
Company's operations to continue without interruption. The Company
will start a formal process to recruit for a new Chief Executive
Officer and a further announcement will be made in due course.
Sheikh Mubarak A M Al-Sabah, Chairman of Action Hotels
commented:
"Alain has overseen the growth of Action Hotels for the last ten
years, taking it from a private company to a public company. On
behalf of the Board we are grateful to Alain's extremely hard work
and efforts and wish him all the best for the future."
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No. 596/2014 until the release of this
announcement
For more information:
Action Hotels PLC Tel: +44 (0) 20 7907
Andrew Lindley, Chief Financial 9663
Officer
Katie Shelton, Director
of Corporate Affairs
WH Ireland Limited Tel: +44 (0) 20 7220
Adrian Hadden 1666
Jessica Cave
Alex Bond
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAQELFBVZFFBBQ
(END) Dow Jones Newswires
April 05, 2018 12:17 ET (16:17 GMT)
Action Hotels (LSE:AHCG)
Historical Stock Chart
From Apr 2024 to May 2024
Action Hotels (LSE:AHCG)
Historical Stock Chart
From May 2023 to May 2024