17 November 2017
PPHE Hotel Group Limited (the "Company")
PDMR Notification
1 |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name |
Jaklien van Sterkenburg |
2 |
Reason for the notification |
a)
|
Position/status
|
Vice President People Development & Human Resources |
b) |
Initial notification/Amendment |
This is an initial notification. |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
PPHE Hotel Group Limited |
b) |
LEI |
2138003H1BZGR6KM5823 |
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of no par value GG00B1Z5FH87/PPH |
b) |
Nature of the transaction |
Exercise of share options |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.335 per share |
15,000 |
|
|
|
d) |
Aggregated information - Aggregated volume - Price |
Total number of shares allotted: 15,000 £35,025 |
e) |
Date of the transaction |
16 November 2017 |
f) |
Place of the transaction |
London |
Enquiries
PPHE Hotel Group Limited |
|
Chen Moravsky, Deputy Chief Executive Officer and Chief Financial Officer |
Tel: +44 (0)20 7034 4800 |
|
|
Hudson Sandler Financial Public Relations |
|
Wendy Baker / Sophie Lister |
Tel: +44 (0)20 7796 4133 |
|
|
Notes to editors
The Company is a Guernsey registered company and through its subsidiaries (together with the Company being the "Group"), jointly controlled entities and associates owns, leases, operates, franchises and develops full-service upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.
The majority of the Group's hotels operate under three distinct brands, Park Plaza® Hotels & Resorts, art'otel® and Arenaturist. The Group has an exclusive licence from Carlson Hotels, one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel® brand is wholly owned by the Group.
The Group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.
The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels which are expected to add an additional 500 rooms by the end of 2019.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
