PPHE Hotel Group Limited Appointment of an Non-Executive Director (5491V)
August 07 2020 - 10:41AM
UK Regulatory
TIDMPPH
RNS Number : 5491V
PPHE Hotel Group Limited
07 August 2020
7 August 2020
PPHE Hotel Group Limited
("PPHE Hotel Group", the "Company")
Appointment of an Non-Executive Director
PPHE Hotel Group, the international hospitality real estate
group which develops, owns and operates hotels and resorts,
announces the appointment of Stephanie Coxon as an independent
non-executive director of the Company with immediate effect.
Stephanie will sit on the Audit, Remuneration and Nomination
Committees. This appointment has been approved by the Board of
Directors of the Company.
A qualified chartered accountant, with over 15 years of capital
market expertise, Stephanie was a capital markets director at PwC
where her role included advising asset managers on listing
investment funds and real estate investment trusts (UK, Guernsey
and Jersey) on the London Stock Exchange.
Stephanie is an independent non-executive director of Apax
Global Alpha Limited (sitting on their Audit Committee) and JLEN
Environmental Assets Group Limited (sitting on their Audit, Risk
and Investment Committees).
The appointment of Stephanie, as well as Nigel Keen earlier this
year and Kenneth Bradley in 2019, forms part of a wider commitment
by the Company to strengthen corporate governance and the Board
with fresh independent experience. Following Stephanie's
appointment, the Board now includes four independent non-executive
directors.
Eli Papouchado, Chairman of PPHE Hotel Group said:
"I am delighted to welcome Stephanie to the Board of PPHE Hotel
Group. The experience gained by Stephanie at PwC will be invaluable
as we continue to address the unprecedented impact of the Covid-19
pandemic and support our long term growth in exploring new
development opportunities. Stephanie's appointment further
demonstrates our ongoing commitment to strengthen the corporate
governance of the Company for the benefit of all stakeholders. The
Board recognises that diversity in every aspect allows for a richer
depth of perspective and enhances innovation. Stephanie has an
international background and her capital markets, real estate fund
and accounting experience reinforce essential skills for the Board.
Her appointment also further enhances our overall Board
diversity."
No other information is required to be disclosed under the
Financial Conduct Authority's Listing Rule 9.6.13 in relation to
this appointment.
Enquiries:
PPHE Hotel Group Limited
Daniel Kos, Chief Financial Officer & Executive
Director
Inbar Zilberman, Chief Corporate & Legal Officer
Robert Henke, Executive Vice President Commercial Tel: +31 (0)20 717
Affairs 8600
Hudson Sandler
Wendy Baker/ Lucy Wollam Tel: +44 (0)20 7796
4133 pphe@hudsonsandler.com
Notes to Editors
PPHE Hotel Group is an international hospitality real estate
company, with a GBP1.7 billion portfolio (valued as at summer of
2019) by Savills and Zagreb nekretnine Ltd 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 primary focus is
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.
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 incorporated company with shares
listed on the London Stock Exchange and a constituent of the FTSE
250. 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.artotels.com
www.arenahotels.com
www.arenacampsites.com
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END
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