PPHE Hotel Group Limited Transfer to a Premium Listing (0836W)
July 30 2018 - 2:01AM
UK Regulatory
TIDMPPH
RNS Number : 0836W
PPHE Hotel Group Limited
30 July 2018
PPHE Hotel Group Limited
(the "Company")
Transfer to a Premium Listing
PPHE Hotel Group Limited, an international hospitality company
which owns and develops hotels and resorts, operates the Park
Plaza(R) brand in EMEA and owns the art'otel(R) brand, is pleased
to announce the approval by the UK Listing Authority (the "UKLA")
of the transfer of the listing category of all of its ordinary
shares of nil par value from a standard listing (shares) to a
premium listing (commercial company) on the Official List of the
UKLA in accordance with Listing Rule 5.4A of the Listing Rules
issued by the Financial Conduct Authority (the "Transfer"). The
Transfer will take effect at 8.00 a.m. today.
finnCap Ltd acted as sponsor to the Company.
Enquiries:
PPHE Hotel Group Limited
Tel: +31 20 717
Robert Henke, Executive Vice President of Corporate 8600
Affairs
and Customer Experience Tel: +44 (0)20 7034
Lisa Woodman, Director of Corporate Communications 4800
finnCap Ltd (Sponsor, Financial Adviser and
Joint Broker)
Matt Goode / Emily Watts (Corporate Finance) Tel: + (0)20 7220
Andrew Burdis (Corporate Broking) 0500
Berenberg (Joint Broker)
Tel: +(0)20 3207
Ben Wright / Mark Whitmore / James Brooks 7800
Hudson Sandler Financial Public Relations
Tel: +44 (0)20 7796
Wendy Baker/ Sophie Lister 4133
Notes to editors
PPHE Hotel Group Limited is a Guernsey registered company and
through its subsidiaries (the Group), jointly controlled entities
and associates, 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) or art'otel(R) brands. The Group has an exclusive licence
from the Radisson Hotel Group, 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
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END
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