REG - PPHE Hotel Grp Ltd - Transaction in Own Securities

PPHE HotelAnnouncement

04/01/2023 07:00

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RNS Number : 5740L  PPHE Hotel Group Limited  04 January 2023

04 January 2023

 

PPHE Hotel Group Limited

("the Company" or "PPHE")

Transactions in own securities

PPHE announces today that it has purchased the following number of its
ordinary shares on the London Stock Exchange through Jefferies International
Limited ("the Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

 Date of purchase:                              03 January 2023
 Number of ordinary shares purchased:           1,127
 Highest price paid per share:                  1,205.00p
 Lowest price paid per share:                   1,205.00p
 Volume weighted average price paid per share:  1,205.00p

Such purchase forms part of the Company's existing share buy-back programme
and was effected pursuant to the instructions issued to the Broker by the
Company on 29 June 2022, as announced on that date.

Following the purchase of these shares, PPHE holds 1,910,169 of its ordinary
shares in treasury and has 42,437,241 ordinary shares in issue (excluding
treasury shares).

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it
applies in the UK (the Market Abuse Regulation), a full breakdown of the
individual trades made by the Broker on behalf of the Company as part of the
buy-back programme is detailed below:

 Transaction Date  Transaction Time  Volume  Price (GBp)  Platform  Transaction Reference Number
 03/01/2023        11:47:37          1127    1205         XLON      00332775649TRLO1.2.1

 

Enquiries

 PPHE Hotel Group Limited Media Contacts
 Daniel Kos, Chief Financial Officer & Executive Director
 Robert Henke, Executive Vice President Commercial Affairs     Tel: +31 (0)20 717 8600
 Hudson Sandler
 Lucy Wollam
 Charlotte Cobb
 Ben Wilson                                                    Tel: +44 (0)20 7796 4133

                                                               pphe@hudsonsandler.com (mailto:pphe@hudsonsandler.com)

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with
a £1.8 billion portfolio, valued as at December 2021 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.

 

 

 

 Company websites                                                        For reservations
 www.pphe.com (http://www.pphe.com/)                                     www.parkplaza.com (http://www.parkplaza.com/)
 www.arenahospitalitygroup.com (http://www.arenahospitalitygroup.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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