REG - PPHE Hotel Grp Ltd - Transactions in own securities

PPHE HotelAnnouncement

15/03/2024 13:45

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RNS Number : 1003H  PPHE Hotel Group Limited  15 March 2024

15 March 2024

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 Investec Bank Plc ("the
Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

 Date of purchase:                     15 March 2024
 Number of ordinary shares purchased:  300,000
 Price paid per share:                 £12.75

Following the purchase of these shares, PPHE now holds 2,284,110 of its
ordinary shares in treasury and has 42,063,300 ordinary shares in issue
(excluding treasury shares). Each ordinary share carries one vote and
therefore the total number of voting rights in the Company is 42,063,300.

The above figure of voting rights of 42,063,300 should be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
the Company under the FCA's Disclosure Guidance and Transparency Rules.

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
 15 March 2024     11:08             300,000  12.75        XLON      00263133741TRLO1

 

Enquiries

 PPHE Hotel Group Limited Media Contacts
 Daniel Kos, Chief Financial Officer & Executive Director

 Inbar Zilberman, Chief Corporate & Legal Officer

 Robert Henke, Executive Vice President Commercial Affairs

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a
2.2 billion portfolio, valued as at December 2023 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: PPHE Hotel Group (https://www.pphe.com/) | Arena Hospitality
(https://www.arenahospitalitygroup.com/) Group
(https://www.arenahospitalitygroup.com/)

 

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