PPHE Hotel Group Limited Exercise of Options and Total Voting Rights (3421T)
November 13 2019 - 12:58PM
UK Regulatory
TIDMPPH
RNS Number : 3421T
PPHE Hotel Group Limited
13 November 2019
13 November 2019
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Company")
Exercise of Options and
Total Voting Rights Disclosure
The Company announces that further to a cashless exercise of
options under the Company's employee share scheme which resulted in
an issue of 57,854 new ordinary shares in the Company, as at 13
November 2019, the Company's total issued share capital is
44,344,112 of which 1,888,070 are treasury shares. Each ordinary
share (other than treasury shares) carries one voting right and
therefore the total number of voting rights of the Company is
42,456,042.
The above figure of voting rights of 42,456,042 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
Daniel Kos, Chief Financial Officer & Executive
Director
Robert Henke, Executive Vice President of Commercial Tel: +31 (0)20 717
and Corporate Affairs 8600
Lisa Woodman, Director of Corporate Communications Tel: +44 (0)20 7034
4800
Hudson Sandler Financial Public Relations
Wendy Baker/ Lucy Wollam Tel: +44 (0)20 7796
4133
Notes to Editors
PPHE Hotel Group is an international hospitality real estate
company, with a GBP1.7 billion portfolio (valued as at summer of
2019) of primarily prime freehold and long leasehold assets in
Europe.
PPHE Hotel Group's guiding principle is to generate attractive
returns from operations and long-term capital appreciation.
Through its subsidiaries, jointly controlled entities and
associates it owns, co-owns, develops, leases, operates and
franchises hospitality real estate. Its primary focus is
full-service upscale, upper upscale and lifestyle hotels in major
gateway cities and regional centres, as well as hotel, resort and
campsite properties in select resort destinations.
PPHE Hotel Group benefits from having an exclusive and perpetual
licence from the Radisson Hotel Group, one of the world's largest
hotel groups, to develop and operate Park Plaza(R) branded hotels
and resorts in Europe, the Middle East and Africa. In addition,
PPHE Hotel Group wholly owns, and operates under, the art'otel(R)
brand and its Croatian subsidiary owns, and operates under, the
Arena Hotels & Apartments(R) and Arena Campsites(R) brands.
This multi-brand approach enables PPHE Hotel Group to develop and
operate properties across several segments of the hospitality
market.
PPHE Hotel Group is one of the largest owner/operators of hotels
in central London and its property portfolio comprises of 38 hotels
and resorts in operation, offering a total of approximately 8,800
rooms and 8 campsites, offering approximately 6,000 units. PPHE
Hotel Group's development pipeline includes two new hotels in
London and one in New York City which are expected to add an
additional 600 rooms by the end of 2022/2023.
PPHE Hotel Group is a Guernsey registered company with shares
listed on the London Stock Exchange and a constituent of the FTSE
250. PPHE Hotel Group also holds a controlling ownership interest
in Arena Hospitality Group, whose shares are listed on the Prime
market of the Zagreb Stock Exchange.
Company websites
www.pphe.com
www.arenahospitalitygroup.com
For reservations
www.parkplaza.com
www.artotels.com
www.arenahotels.com
www.arenacampsites.com
For images and logos visit
www.vfmii.com/parkplaza
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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