RNS Number : 0389D
PPHE Hotel Group Limited
05 September 2024
 

                                                                                                                            5 September 2024

 

PPHE Hotel Group Limited
("the Company" or "PPHE")

Transactions in own securities

PPHE announces today that it has purchased the following number of its ordinary shares on the London Stock Exchange through Jefferies International Limited ("the Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

Date of purchase:

04 September 2024

Number of ordinary shares purchased:

6,000

Highest price paid per share:

1,300.00p

Lowest price paid per share:

1,270.00p

Volume weighted average price paid per share:

1,284.17p


Such purchase forms part of the Company's existing share buy-back programme and was effected pursuant to the instructions issued to the Broker by
 the Company on 10 July 2024, as announced on 11 July 2024.

Following the purchase of these shares, PPHE holds 2,403,831 of its ordinary shares in treasury and has 41,943,579 ordinary shares in issue (excluding treasury shares).

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buy-back programme is detailed below:

Transaction Date

Transaction Time

Volume

Price (GBp)

Platform

Transaction Reference Number

04/09/2024

8:18:33

60

1300

XLON

00419372840TRLO1.1.1

04/09/2024

8:18:33

940

1300

XLON

00419372841TRLO1.1.1

04/09/2024

11:24:08

60

1290

XLON

00419421850TRLO1.1.1

04/09/2024

12:10:50

272

1290

XLON

00419431035TRLO1.1.1

04/09/2024

12:36:50

668

1290

XLON

00419436730TRLO1.1.1

04/09/2024

15:01:41

141

1290

XLON

00419483555TRLO1.1.1

04/09/2024

15:01:41

859

1290

XLON

00419483554TRLO1.1.1

04/09/2024

15:07:13

1000

1280

XLON

00419487043TRLO1.1.1

04/09/2024

15:09:47

1000

1270

XLON

00419488418TRLO1.1.1

04/09/2024

16:17:08

1000

1275

XLON

00419539371TRLO1.1.1

 

Enquiries

PPHE Hotel Group Limited Media Contacts


Daniel Kos, Chief Financial Officer & Executive Director


Robert Henke, Executive Vice President Commercial Affairs

Tel: +31 (0)20 717 8600

Hudson Sandler


Wendy Baker


Lucy Wollam-Coles


India Laidlaw

Tel: +44 (0)20 7796 4133

pphe@hudsonsandler.com

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.

 

Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its portfolio includes 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. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.

 

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® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.

 

PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. 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.artotel.com | www.radissonhotels.com | www.arenahotels.com | www.arenacampsites.com

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