REG - PPHE Hotel Grp Ltd - Director/PDMR Shareholding

PPHE HotelAnnouncement

12/09/2019 13:25

RNS Number : 1608M
PPHE Hotel Group Limited
12 September 2019
 


12 September 2019
 
PPHE Hotel Group Limited (the "Company")
PDMR Notification
The Company announces that on 12 September 2019 it was notified of the following transaction in the Company's shares between persons closely associated with Mr Eli Papouchado.



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name 


Euro Plaza Holdings B.V.




2


Reason for the notification




a)


Position/status 


Person closely associate with Eli Papouchado (Non-Executive Chairman of the Board of Directors)




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
 


Purchase of shares




c)


Price(s) and volume(s)
  





Price(s)


Volume(s)




£16 per share


670,000



 
 
 




d)


Aggregated information
- Aggregated volume
- Price 


 
Total number of shares purchased: 670,000
£10,720,000




e)


Date of the transaction 


12 September 2019




f)


Place of the transaction  


Herzliya 4672835, Israel



 




 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name 


A.A. Papo Trust Company Limited




2


Reason for the notification




a)


Position/status 


Person closely associate with Eli Papouchado (Non-Executive Chairman of the Board of Directors)




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
 


Sale of shares




c)


Price(s) and volume(s)
  





Price(s)


Volume(s)




£16 per share


670,000



 
 
 




d)


Aggregated information
- Aggregated volume
- Price 


 
Total number of shares sold: 670,000
£10,720,000




e)


Date of the transaction 


12 September 2019




f)


Place of the transaction  


Herzliya 4672835, Israel



 
Enquiries:
 



PPHE Hotel Group Limited








Daniel Kos, Chief Financial Officer & Executive Director
 
Robert Henke, Executive Vice President of Corporate Affairs


Tel: +31 20 717 8600
 
 




 
Tulchan
 








David Allchurch / Will Palfreyman


0207 353 4200



 
Notes to editors
 
PPHE Hotel Group Limited, is an international hospitality real estate company, with a £1.7 billion portfolio (valued as at summer of 2019) of primarily prime freehold and long leasehold assets in Europe.
 
PPHE Hotel Group's guiding principle is to generate attractive returns from operations and long-term capital appreciation.
 
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® 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. This multi-brand approach enables PPHE Hotel Group to develop and operate properties across several segments of the hospitality market.
 
PPHE Hotel Group is one of the largest owner/operators of hotels in central London and its property portfolio comprises of 38 hotels and resorts in operation, offering a total of approximately 8,800 rooms and 8 campsites, offering approximately 6,000 units. PPHE Hotel Group's development pipeline includes two new hotels in London and one in New York City which are expected to add an additional 600 rooms by the end of 2022/2023.
 
PPHE Hotel Group is a Guernsey registered 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 
 
For images and logos visit www.vfmii.com/parkplaza




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