Spain's market regulator suspends trading of NH Hotel Group shares

Minor Hotels Europe & Americas SA

08/05/2023 11:35

MADRID, May 8 (Reuters) - Spanish stock market regulator
CNMV on Monday suspended the trading of shares in NH Hotel Group
SA  NHH.MC  pending information from the company, which had
posted its first-quarter results a few hours earlier.
    The regulator said it was a "precautionary measure" taken
"while relevant information on the aforementioned entity is
disseminated".
    Earlier on Monday, NH, which is a unit of Thai company Minor
International  MINT.BK , said its first-quarter net recurring
loss had halved to 40 million euros ($44.2 million) from a year
ago as it expected demand to remain strong in coming months. 
    The company did not immediately respond to a request for
comment. Its shares had risen about 1% on the day before the
suspension.


($1 = 0.9056 euros)

 (Reporting by David Latona and Corina Pons; Editing by Andrei
Khalip)
 ((david.latona@thomsonreuters.com; +34 918 35 68 13;))