PPHE Hotel Group Limited PDMR Shareholding (4802S)
October 02 2017 - 12:51PM
UK Regulatory
TIDMPPH
RNS Number : 4802S
PPHE Hotel Group Limited
02 October 2017
2 October 2017
PPHE Hotel Group Limited (the "Company")
PDMR Notification
The Company announces that Roni Hirsch (a person discharging
managerial responsibility as defined in the EU Market Abuse
Regulation, or a "PDMR"), sold 5,000 ordinary shares of no par
value each in the Company on 27 September 2017 at a price of 1075
pence per share.
The notification 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 Roni Hirsch
---- ------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------------------------
Chief Executive Officer of Red Sea Group (Red Sea
a) Position/status Group is a controlling shareholder of PPHE
Hotel Group Limited)
---- ------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment This is an 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 Ordinary shares of no par value
instrument
GG00B1Z5FH87/PPH
Identification code
---- ------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Sale of ordinary shares
---- ------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------- ----------
GBP10.75 per share 5,000
-------------------- ----------
---- ------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
- Aggregated volume
- Price
Total number of shares sold: 5,000
GBP53,750
---- ------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 27 September 2017
---- ------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London
---- ------------------------------------------------------- -------------------------------------------------------
Enquiries:
PPHE Hotel Group Limited
Chen Moravsky, Deputy Chief
Executive Officer Tel: +44 (0)20 7034
and Chief Financial Officer 4800
Hudson Sandler Financial Public
Relations
Tel: +44 (0)20 7796
Wendy Baker / Jocelyn Spottiswoode 4133
Notes to editors
PPHE Hotel Group Limited is a Guernsey registered company and
through its subsidiaries, jointly controlled entities and
associates, owns, leases, operates, franchises and develops
full-service upscale, upper upscale and lifestyle hotels in major
gateway cities, regional centres and select resort destinations,
predominantly in Europe.
The majority of the group's hotels operate under the Park
Plaza(R) Hotels & Resorts or art'otel(R) brands. The group has
an exclusive licence from Carlson Hotels Worldwide Inc., one of the
world's largest hotel groups, to develop and operate Park Plaza(R)
Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel(R) brand is wholly owned by the group.
The group has a controlling ownership interest (51.97% of the
share capital) in Arena Hospitality Group, one of Croatia's
best-known hospitality groups.
The group's portfolio of owned, leased, managed and franchised
hotels comprises 39 hotels offering a total of approximately 9,000
rooms. The group's development pipeline includes two new hotels
which are expected to add an additional 500 rooms by the end of
2019.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS
The company news service from the London Stock Exchange
END
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