Action Hotels PLC Closely Associated Person Dealing (6699E)
July 20 2016 - 2:00AM
UK Regulatory
TIDMAHCG
RNS Number : 6699E
Action Hotels PLC
20 July 2016
Action Hotels plc
("Action Hotels" or the "Company")
Closely Associated Person Dealing
Action Hotels, the leading owner, developer and asset manager of
branded three and four-star hotels in the Middle East and Australia
announces that is has been notified that Sheikha Dr. Souad
Al-Sabah, in capacity as a closely associated person to Non
Executive Chairman Sheikh Mubarak A. M. Al-Sabah has completed a
dealing in Action Hotels ordinary shares of 10 pence each
("Ordinary Shares").
Sheikha Dr. Souad Al-Sabah purchased 858,911 Ordinary Shares on
15 July at a price of 52.5p per Ordinary Share.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging
managerial responsibilities
/ person closely associated
--- -----------------------------------------------------
a) Name Sheikha Dr. Souad Al-Sabah
--- ----------------------- ----------------------------
2 Reason for the notification
--- -----------------------------------------------------
a) Position/status Closely associated person
to Non Executive Chairman
Sheikh Mubarak A. M. Al
Sabah
--- ----------------------- ----------------------------
b) Initial notification Initial notification
/Amendment
--- ----------------------- ----------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------
a) Name Action Hotels plc
--- ----------------------- ----------------------------
b) LEI (Pending)
--- ----------------------- ----------------------------
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 Ordinary shares of GBP0.10
of the financial
instrument, AHCG ISIN: JE00BFZD1492
type of instrument
Identification
code
--- ----------------------- ----------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
--- ----------------------- ----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
52.5p 858,911
--------- ----------
--- ----------------------- ----------------------------
d) Aggregated information
- Aggregated N/A - single transaction
volume
- Price
--- ----------------------- ----------------------------
e) Date of the 15 July 2016
transaction
--- ----------------------- ----------------------------
f) Place of the London Stock Exchange,
transaction AIM
--- ----------------------- ----------------------------
For more information contact:
Action Hotels PLC Tel: +44 (0) 20 7907 9663
Alain Debare, Chief Executive Officer
Katie Shelton, Acting CFO
Zeus Capital Limited (Nomad and Broker)
Dan Bate/Jonny Sharp Tel: +44 (0) 161 831 1512
Adam Pollock Tel: +44 (0) 20 3829 5000
Camarco (Press enquiries) Tel: +44 (0) 20 3757 4980
Billy Clegg/ Jennifer Renwick/ Tom Huddart
Notes to Editors
Action Hotels PLC
Action Hotels is a leading owner, developer and asset manager of
branded three and four star hotels in the Middle East and
Australia. Established in 2005, Action Hotels currently operates
nine hotels with 1,561 rooms in aggregate across the Middle East
and Australia, with further properties in development in both
regions.
More information is available at
http://www.actionhotels.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHRLMMTMBJBTBF
(END) Dow Jones Newswires
July 20, 2016 02:00 ET (06:00 GMT)
Action Hotels (LSE:AHCG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Action Hotels (LSE:AHCG)
Historical Stock Chart
From Jul 2023 to Jul 2024