REG - PPHE Hotel Grp Ltd - Transaction in Own Securities

PPHE HotelAnnouncement

16/01/2023 07:00

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RNS Number : 7447M  PPHE Hotel Group Limited  16 January 2023

16 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:                              13 January 2023
 Number of ordinary shares purchased:           1,902
 Highest price paid per share:                  1,060.00p
 Lowest price paid per share:                   1,050.00p
 Volume weighted average price paid per share:  1,051.93p

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 1,920,276 of its ordinary
shares in treasury and has 42,427,134 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
 13/01/2023        11:13:52          1530    1050         XLON      00334503028TRLO1.2.1
 13/01/2023        10:45:21          10      1055         XLON      00334496095TRLO1.1.1
 13/01/2023        10:45:21          1       1055         AQXE      00334496094TRLO1.1.1
 13/01/2023        10:45:03          9       1060         XLON      00334496043TRLO1.1.1
 13/01/2023        10:40:30          9       1060         XLON      00334494837TRLO1.1.1
 13/01/2023        10:36:14          11      1060         XLON      00334493776TRLO1.1.1
 13/01/2023        10:31:08          10      1060         XLON      00334492558TRLO1.1.1
 13/01/2023        10:27:49          10      1060         XLON      00334491832TRLO1.1.1
 13/01/2023        10:21:44          10      1060         XLON      00334490366TRLO1.1.1
 13/01/2023        10:17:05          10      1060         XLON      00334489169TRLO1.1.1
 13/01/2023        10:12:38          12      1060         XLON      00334487855TRLO1.1.1
 13/01/2023        10:07:07          9       1060         XLON      00334486059TRLO1.1.1
 13/01/2023        10:03:03          9       1060         XLON      00334484848TRLO1.1.1
 13/01/2023        09:59:31          9       1060         XLON      00334483660TRLO1.1.1
 13/01/2023        09:57:36          9       1060         XLON      00334483309TRLO1.1.1
 13/01/2023        09:50:10          9       1060         XLON      00334481816TRLO1.1.1
 13/01/2023        09:47:27          9       1060         XLON      00334481257TRLO1.1.1
 13/01/2023        09:41:44          9       1060         XLON      00334479972TRLO1.1.1
 13/01/2023        09:37:35          15      1060         XLON      00334479126TRLO1.1.1
 13/01/2023        09:30:46          10      1060         XLON      00334477855TRLO1.1.1
 13/01/2023        09:26:07          11      1060         XLON      00334476888TRLO1.1.1
 13/01/2023        09:21:17          9       1060         XLON      00334475942TRLO1.1.1
 13/01/2023        09:17:23          9       1060         XLON      00334475070TRLO1.1.1
 13/01/2023        09:13:19          9       1060         XLON      00334474160TRLO1.1.1
 13/01/2023        09:10:25          2       1060         AQXE      00334473530TRLO1.1.1
 13/01/2023        09:09:25          12      1060         XLON      00334473287TRLO1.1.1
 13/01/2023        09:04:32          10      1060         XLON      00334471805TRLO1.1.1
 13/01/2023        09:00:33          10      1060         XLON      00334471130TRLO1.1.1
 13/01/2023        08:57:15          17      1060         XLON      00334470245TRLO1.1.1
 13/01/2023        08:57:15          50      1060         XLON      00334470244TRLO1.1.1
 13/01/2023        08:57:15          13      1060         XLON      00334470243TRLO1.1.1
 13/01/2023        08:44:00          40      1060         XLON      00334467680TRLO1.1.1

 

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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