REG - PPHE Hotel Grp Ltd - PDMR Notification

PPHE HotelAnnouncement

27/12/2023 07:00

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RNS Number : 8391X  PPHE Hotel Group Limited  22 December 2023

 

22 December 2023

 

PPHE Hotel Group Limited

("PPHE" or the "Group")

 

PDMR Notification

 

PPHE Hotel Group, an international hospitality company which owns and develops
hotels and resorts, operates the Park Plaza® brand in EMEA and owns the
art'otel® brand, announces that on 22 December 2023 it was notified that
President and Chief Executive Officer, Boris Ivesha, purchased 4,636,974
ordinary shares in the Company at GBP 11.40 per share from Walford Investment
Holdings Limited which is a person closely associated with Boris Ivesha. As
the transaction was between Boris Ivesha and a person closely associated with
Boris Ivesha the net number of shares in the Company which Boris Ivesha is
deemed to be interested in remains the same.

 

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                                                         Boris Ivesha
 2   Reason for the notification
 a)  Position/status                                              President and 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  Ordinary shares of no par value

     Identification code                                          GG00B1Z5FH87/PPH
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  GBP11.40  4,636,974
 d)  Aggregated information                                       Aggregated Volume: 4,636,974

                                                                  Aggregated Price: GBP 52,861,503.60
 e)  Date of the transaction                                      22-12-2023
 f)  Place of the transaction                                     London, UK

d)

Aggregated information

Aggregated Volume: 4,636,974

Aggregated Price: GBP 52,861,503.60

e)

Date of the transaction

22-12-2023

f)

Place of the transaction

London, UK

 

 

- Ends -

 

Enquiries:

 

 PPHE Hotel Group Limited                                      Tel: +31 (0)20 717 8600
 Daniel Kos, Chief Financial Officer & Executive Director
 Robert Henke, Executive Vice President of Commercial Affairs
 Hudson Sandler                                                Tel: +44 (0)20 7796 4133
 Wendy Baker / Charlotte Cobb / India Laidlaw                  pphe@hudsonsandler.com (mailto:pphe@hudsonsandler.com)

 

Notes to Editors:

 

PPHE Hotel Group is an international hospitality real estate company, with a
£2.0 billion portfolio, valued as at December 2022 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)

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