PPHE Hotel Group Limited Transfer of Shares out of Treasury (0817G)
February 27 2018 - 5:38AM
UK Regulatory
TIDMPPH
RNS Number : 0817G
PPHE Hotel Group Limited
27 February 2018
27 February 2018
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Company")
Transfer of Shares out of Treasury
Further to the PDMR notification on 17 November 2017, the
Company announces that on 16 November 2017, 15,000 ordinary shares
of no par value in the Company ("Shares") previously held in
treasury, were transferred out of treasury in satisfaction of the
exercise of a share option (the "Transfer out of Treasury"). As a
result of the Transfer out of Treasury, the total number of Shares
now held in treasury reduced to 1,888,070 Shares.
As at today's date, the Company's total issued share capital is
44,225,706 Shares (including 1,888,070 Shares held in treasury).
Each Share carries one vote and therefore the total number of
voting rights in the Company will be 42,337,636.
The above figure of voting rights of 42,337,636 should be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
PPHE Hotel Group Limited
Robert Henke, Executive Vice President
of Corporate Affairs Tel: +31 20
and Customer Experience 717 8600
Lisa Woodman, Director of Corporate Tel: +44 (0)20
Communications 7034 4800
Hudson Sandler Financial Public
Relations
Tel: +44 (0)20
Wendy Baker/ Sophie Lister 7796 4133
Notes to editors
The Company is a Guernsey registered company and through its
subsidiaries, jointly controlled entities and associates (the
"Group"), owns, leases, operates, franchises and develops
full-service upscale, upper 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 the Park
Plaza(R) Hotels & Resorts or art'otel(R) brands. The Group has
an exclusive licence from Carlson Hotels Worldwide Inc., one of the
world's largest hotel groups, to develop and operate Park Plaza(R)
Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel(R) 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 in operation 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 2022.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS
The company news service from the London Stock Exchange
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