REG - PPHE Hotel Grp Ltd - Transaction in own securities

PPHE HotelAnnouncement

24/02/2023 07:00

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RNS Number : 9152Q  PPHE Hotel Group Limited  24 February 2023

24 February 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:                              23 February 2023
 Number of ordinary shares purchased:           7,203
 Highest price paid per share:                  1,085.00p
 Lowest price paid per share:                   1,030.00p
 Volume weighted average price paid per share:  1,054.63p

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 2,018,943 of its ordinary
shares in treasury and has 42,328,467 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
 23/02/2023        15:16:10          2318    1030         XLON      00340354693TRLO1.2.1
 23/02/2023        14:37:46          61      1030         XLON      00340336883TRLO1.1.1
 23/02/2023        14:36:29          64      1030         XLON      00340336326TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336062TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336063TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336060TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336061TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336058TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336059TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336056TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336055TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336057TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336054TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336053TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336051TRLO1.1.1
 23/02/2023        14:35:44          3       1055         AQXE      00340336052TRLO1.1.1
 23/02/2023        14:34:35          71      1055         XLON      00340335612TRLO1.1.1
 23/02/2023        14:28:59          70      1055         XLON      00340332568TRLO1.1.1
 23/02/2023        14:20:34          67      1055         XLON      00340330306TRLO1.1.1
 23/02/2023        14:14:17          76      1055         XLON      00340328835TRLO1.1.1
 23/02/2023        14:10:33          59      1055         XLON      00340328041TRLO1.1.1
 23/02/2023        14:07:59          115     1055         XLON      00340327247TRLO1.1.1
 23/02/2023        14:07:59          49      1055         XLON      00340327246TRLO1.1.1
 23/02/2023        14:07:59          69      1055         XLON      00340327245TRLO1.1.1
 23/02/2023        14:07:59          85      1055         XLON      00340327244TRLO1.1.1
 23/02/2023        13:29:10          79      1055         XLON      00340317205TRLO1.1.1
 23/02/2023        13:26:58          3       1055         AQXE      00340316780TRLO1.1.1
 23/02/2023        12:51:33          864     1060         XLON      00340310920TRLO1.2.1
 23/02/2023        12:50:44          215     1060         XLON      00340310818TRLO1.1.1
 23/02/2023        12:50:44          785     1060         XLON      00340310819TRLO1.1.1
 23/02/2023        12:50:11          40      1060         AQXE      00340310682TRLO1.1.1
 23/02/2023        12:50:03          204     1060         XLON      00340310662TRLO1.1.1
 23/02/2023        12:50:03          4       1075         AQXE      00340310661TRLO1.1.1
 23/02/2023        12:28:15          132     1085         XLON      00340306966TRLO1.1.1
 23/02/2023        12:28:15          6       1085         AQXE      00340306967TRLO1.1.1
 23/02/2023        12:28:15          243     1085         XLON      00340306965TRLO1.1.1
 23/02/2023        12:04:01          110     1085         XLON      00340303011TRLO1.1.1
 23/02/2023        12:04:01          87      1085         XLON      00340303012TRLO1.1.1
 23/02/2023        12:03:54          22      1085         XLON      00340302944TRLO1.1.1
 23/02/2023        12:03:54          728     1085         XLON      00340302943TRLO1.1.1
 23/02/2023        12:03:10          193     1085         XLON      00340302817TRLO1.1.1
 23/02/2023        11:52:59          12      1080         AQXE      00340300947TRLO1.1.1
 23/02/2023        11:38:50          10      1065         XLON      00340298443TRLO1.1.1
 23/02/2023        11:38:43          265     1065         XLON      00340298430TRLO1.1.1
 23/02/2023        09:37:59          58      1040         XLON      00340276097TRLO1.1.1

 

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
 Wendy Baker
 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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