Grant and exercise of EVP Annual Bonus Plan

PPHE Hotel

27/02/2025 18:19

RNS Number : 7904Y

PPHE Hotel Group Limited

27 February 2025

 

27 February 2025

 

 

PPHE Hotel Group Limited

("PPHE Hotel Group", "PPHE, or the "Group")

 

Grant and exercise of EVP Annual Bonus Plan awards and exercise of performance share award nil-cost options

 

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, today announces that members of its senior management team: Greg Hegarty, Daniel Kos and Inbar Zilberman (each being a person discharging managerial responsibilities as defined in the EU Market Abuse Regulation, or a "PDMR"), have been granted nil-cost options over a number of ordinary shares in the Company as set out in the table below:

 

Name
Position
Number of ordinary shares in the Company
Greg Hegarty
Co Chief Executive Officer
12,000
Daniel Kos
Chief Financial Officer
12,000
Inbar Zilberman
Chief Corporate & Legal Officer
12,000

 

Daniel Kos and Inbar Zilberman have exercised their option awards immediately. The awards were granted under the PPHE Executive Incentive Plan 2020 in settlement of annual bonus entitlements under the Company's EVP Annual Bonus Plan.

 

Daniel Kos and Inbar Zilberman have also exercised nil-cost options granted under the PPHE Executive Incentive Plan 2020 over 22,000 ordinary shares each.

 

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
Greg Hegarty
2
Reason for the notification
a)
Position/status
Co 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
Identification code
Ordinary shares of no par value
GG00B1Z5FH87/PPH
b)
Nature of the transaction
Grant of share option
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
12,000
d)
Aggregated information
See above
e)
Date of the transaction
2025-02-27
f)
Place of the transaction
London

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Daniel Kos
2
Reason for the notification
a)
Position/status
Chief Financial 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
Identification code
Ordinary shares of no par value
GG00B1Z5FH87/PPH
b)
Nature of the transaction
Grant and exercise of share option
Exercise of share option
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
12,000
Nil
22,000
d)
Aggregated information
See above
e)
Date of the transaction
2025-02-27
f)
Place of the transaction
London

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Inbar Zilberman
2
Reason for the notification
a)
Position/status
Chief Corporate and Legal 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
Identification code
Ordinary shares of no par value
GG00B1Z5FH87/PPH
b)
Nature of the transaction
Grant and exercise of share option
Exercise of share option
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
12,000
Nil
22,000
d)
Aggregated information
See above
e)
Date of the transaction
2025-02-27
f)
Place of the transaction
London

 

 

Enquiries:

 

PPHE Hotel Group Limited
Daniel Kos, Chief Financial Officer & Executive Director
Tel: +31 (0)20 717 8600
h2Radnor
Iain Daly / Joshua Cryer
Tel:+44 (0) 203 897 1830
Hudson Sandler
Wendy Baker / India Laidlaw
Tel:+44 (0)20 7796 4133Email:pphe@hudsonsandler.com

 

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 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 franchises1 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® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® 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 ('AHG'), 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.radissonhotels.com | www.arenahotels.com | www.arenacampsites.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHUBAWRVBUUUAR