REG - PPHE Hotel Grp Ltd - Transactions in own securities

PPHE HotelAnnouncement

01/10/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241001:nRSA3425Ga&default-theme=true

RNS Number : 3425G  PPHE Hotel Group Limited  01 October 2024

 
01 October 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 Jefferies International
Limited ("the Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

 Date of purchase:                              30 September 2024
 Number of ordinary shares purchased:           7,500
 Highest price paid per share:                  1,235.00p
 Lowest price paid per share:                   1,230.00p
 Volume weighted average price paid per share:  1,233.72p

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 10 July 2024, as announced on 11 July 2024.

Following the purchase of these shares, PPHE holds 2,429,429 of its ordinary
shares in treasury and has 41,917,981 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
 30/09/2024        9:30:05           80      1235         XLON      00423928577TRLO1.1.1
 30/09/2024        9:31:26           5000    1235         XLON      00423929149TRLO1.1.1
 30/09/2024        16:27:27          57      1235         XLON      00424141731TRLO1.1.1
 30/09/2024        16:27:27          1       1235         XLON      00424141730TRLO1.1.1
 30/09/2024        16:27:27          2       1235         XLON      00424141733TRLO1.1.1
 30/09/2024        16:27:27          173     1235         XLON      00424141732TRLO1.1.1
 30/09/2024        16:27:27          36      1235         XLON      00424141734TRLO1.1.1
 30/09/2024        16:27:27          90      1235         XLON      00424141735TRLO1.1.1
 30/09/2024        16:27:27          141     1235         XLON      00424141736TRLO1.1.1
 30/09/2024        16:35:11          645     1230         XLON      00424148058TRLO1.1.1
 30/09/2024        16:35:11          347     1230         XLON      00424148060TRLO1.1.1
 30/09/2024        16:35:11          589     1230         XLON      00424148061TRLO1.1.1
 30/09/2024        16:35:11          339     1230         XLON      00424148059TRLO1.1.1

 

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
 Lucy Wollam-Coles
 India Laidlaw                                                 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
£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: 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.radissonhotels.com
(http://www.radissonhotels.com/)  | www.arenahotels.com
(http://www.arenahotels.com/)  | www.arenacampsites.com
(http://www.arenacampsites.com/)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSWPUAABUPCGRU