RNS Number : 1454D
PPHE Hotel Group Limited
06 September 2024
 

                                                                                                                            6 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:

05 September 2024

Number of ordinary shares purchased:

6,318

Highest price paid per share:

1,270.00p

Lowest price paid per share:

1,250.00p

Volume weighted average price paid per share:

1,259.88p


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 2,410,149 of its ordinary shares in treasury and has 41,937,261 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

05/09/2024

9:08:08

70

1270

XLON

00419640393TRLO1.1.1

05/09/2024

9:08:55

930

1270

XLON

00419640659TRLO1.1.1

05/09/2024

9:08:59

139

1265

XLON

00419640677TRLO1.1.1

05/09/2024

9:33:17

861

1265

XLON

00419650393TRLO1.1.1

05/09/2024

9:35:09

167

1260

XLON

00419651135TRLO1.1.1

05/09/2024

10:10:00

31

1260

XLON

00419662699TRLO1.1.1

05/09/2024

10:10:00

802

1260

XLON

00419662700TRLO1.1.1

05/09/2024

11:13:18

191

1255

XLON

00419680427TRLO1.1.1

05/09/2024

11:21:48

809

1255

XLON

00419682557TRLO1.1.1

05/09/2024

14:09:12

215

1250

XLON

00419745972TRLO1.1.1

05/09/2024

14:09:12

785

1250

XLON

00419745973TRLO1.1.1

05/09/2024

16:23:13

152

1255

XLON

00419896195TRLO1.1.1

05/09/2024

16:25:07

9

1260

XLON

00419897981TRLO1.1.1

05/09/2024

16:25:07

73

1260

XLON

00419897980TRLO1.1.1

05/09/2024

16:25:07

669

1260

XLON

00419897979TRLO1.1.1

05/09/2024

16:25:07

86

1260

XLON

00419897982TRLO1.1.1

05/09/2024

16:25:07

36

1260

XLON

00419897984TRLO1.1.1

05/09/2024

16:29:59

110

1260

XLON

00419902898TRLO1.1.1

05/09/2024

16:35:01

37

1260

XLON

00419904814TRLO1.1.1

05/09/2024

16:35:01

146

1260

XLON

00419904813TRLO1.1.1

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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