Action Hotels PLC Directors' Dealings (4356T)

TIDMAHCG

RNS Number : 4356T

Action Hotels PLC

05 January 2017

Action Hotels plc

("Action Hotels" or the "Company")

Directors' Dealings

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                Sheikh Mubarak A. M. 
                           Al Sabah 
---  ------------------  -------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------- 
 a)   Position/status     Non-Executive Chairman 
---  ------------------  -------------------------- 
 b)   Initial             Initial notification 
       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 
       of the financial    GBP0.10 
       instrument, 
       type of             AHCG ISIN: JE00BFZD1492 
       instrument 
       Identification 
       code 
---  ------------------  -------------------------- 
 b)   Nature of           Purchase of Ordinary 
       the transaction     Shares 
---  ------------------  -------------------------- 
 c)   Price(s)              Price(s)   Volume(s) 
       and volume(s)        ---------  ---------- 
                             52.66p     60,000 
                            ---------  ---------- 
---  ------------------  -------------------------- 
 d)   Aggregated 
       information         N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  ------------------  -------------------------- 
 e)   Date of             30 November 2016 
       the transaction 
---  ------------------  -------------------------- 
 f)   Place of            London Stock Exchange, 
       the transaction     AIM 
---  ------------------  --------------------------

Following this transaction, Sheikh Mubarak A. M. Al Sabah has an interest in 97,238,916 (1,653,268 directly and the balance held by Action Group Holding Company (K.S.C.C)) ordinary shares of 10 pence each ("Ordinary Shares"), representing approximately 65.86 per cent. of the Company's issued Ordinary Share capital.

For more information contact:

 
Action Hotels PLC                             Tel: +44 (0) 20 7907 9663 
Alain Debare, Chief Executive Officer 
Katie Shelton, Director of Corporate Affairs 
 
 
Zeus Capital Limited (Nomad and Broker) 
Dan Bate/Jonny Sharp                     Tel: +44 (0) 161 831 1512 
Victoria Ayton                           Tel: +44 (0) 20 3829 5000 
 
 
Camarco (Press enquiries)      Tel: +44 (0) 20 3757 4994 
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 has 12 completed hotels with 2,181 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

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January 05, 2017 04:02 ET (09:02 GMT)

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