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RNS Number : 9985L PPHE Hotel Group Limited 17 December 2025
17 December 2025
PPHE Hotel Group Limited
("PPHE", the "Group" or the "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibilities
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 and Daniel Kos (each being a
person discharging managerial responsibilities as defined in the EU Market
Abuse Regulation, or a "PDMR"), have entered into certain long-term incentive
arrangements with the Company as set out below.
Following a comprehensive review of executive remuneration provision at the
Company, the remuneration committee of the board of directors has approved
certain performance-related long-term incentive arrangements for Greg Hegarty
and Daniel Kos.
Under the terms of those arrangements, nil-cost options over ordinary shares
in the Company may be granted annually to each PDMR based on dividend and
earning per share performance in each of 2026, 2027 and 2028. The maximum
annual award opportunity is capped at two times annual salary.
The grant of 50% of each nil-cost option will be dependent on a
dividend-related performance target. The grant of the other 50% of each
nil-cost option will be dependent on an EPS-related performance targets
Any nil-cost options granted under these arrangements will be granted under
the Company's Executive Incentive Plan 2020 and will be capable of exercise in
Q1 2029 shortly after the announcement of the Company's results for the year
ending 31 December 2028. Each PDMR will then be required to retain the net
number of ordinary shares acquired on exercise (i.e. after sales for tax) for
a further two-year period.
- Ends -
Enquiries:
PPHE Hotel Group Limited Tel: +31 (0)20 717 8600
Greg Hegarty, Co-Chief Executive Officer
Daniel Kos, Chief Financial Officer & Executive Director
Robert Henke, Executive Vice President of Commercial Affairs
H2Radnor
Iain Daly / Joshua Cryer Tel: +44 (0) 203 897 1830
Hudson Sandler Tel: +44 (0)20 7796 4133
Wendy Baker / India Laidlaw pphe@hudsonsandler.com (mailto: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 franchises 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, whose shares are listed on the Prime
market of the Zagreb Stock Exchange.
Company websites: www.pphe.com (http://www.pphe.com) |
www.arenahospitalitygroup.com (http://www.arenahospitalitygroup.com)
For reservations:
www.parkplaza.com (http://www.parkplaza.com) | www.artotel.com
(http://www.artotel.com) | www.arenahotels.com (http://www.arenahotels.com) |
www.arenacampsites.com (http://www.arenacampsites.com) |
www.radissonhotels.com (http://www.radissonhotels.com) ]
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