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On 02 July 2026, the Independent Committee of the Board of PPHE Hotel Group Ltd announced the conclusion of its Strategic Review and Formal Sales Process. The company is no longer in discussions with any party regarding a potential sale and is not in receipt of any approach. Consequently, PPHE is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers, and Rule 8 disclosure requirements have ceased.
| Date | 2 Jul 2026 |
| Time | 09:16:27 |
| Category | Corporate updates |
| ID | 7817K |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
02 July 2026
PPHE Hotel Group Ltd
("PPHE" or the "Company")
Conclusion of the Strategic Review and Formal Sale Process
Further to its announcement on 19 June 2026, the Independent Committee of the Board of PPHE ("the Board") announces that it has concluded the Strategic Review and Formal Sales Process.
The Company is no longer in discussions with any party in relation to any proposal for a potential sale of the Company that the Board considers to be deliverable. Accordingly, the Company confirms it is not in receipt of any approach.
Following this announcement, the Company is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers and the disclosure requirements under Rule 8 of the Takeover Code have therefore now ceased.
Enquiries
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PPHE Hotel Group Limited Greg Hegarty, Co-Chief Executive Officer Daniel Kos, Chief Financial Officer & Executive Director Robert Henke, Vice President Commercial Affairs
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+31 (0)20 717 8600 |
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Rothschild & Co (Financial Adviser to PPHE) Alex Midgen Sam Green
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+44 (0) 20 7280 5000
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Hudson Sandler Wendy Baker / Lucy Wollam / India Laidlaw |
+44 (0)20 7796 4133
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Inside Information
The information contained within this announcement is deemed by PPHE to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
The person responsible for arranging the release of this announcement on behalf of PPHE is Stephanie Coxon.
Notice related to financial adviser
N.M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for PPHE and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than PPHE for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.
Additional Information
This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to this announcement or otherwise. Any offer, if made, will be made solely by certain offer documentation which will contain the full terms and conditions of any offer, including details of how it may be accepted. The distribution of this announcement in jurisdictions other than the United Kingdom and the availability of any offer to shareholders of PPHE who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom or shareholders of PPHE who are not resident in the United Kingdom will need to inform themselves about, and observe any applicable requirements.