PPH.L

PPHE Hotel Group Ltd.
PPHE Hotel Grp Ltd - Transactions in own securities
11th September 2024, 06:00
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RNS Number : 6603D
PPHE Hotel Group Limited
11 September 2024
 

                                                                                                                           11 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:

10 September 2024

Number of ordinary shares purchased:

2,000

Highest price paid per share:

1,255.00p

Lowest price paid per share:

1,255.00p

Volume weighted average price paid per share:

1,255.00p


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 2,423,738 of its ordinary shares in treasury and has 41,923,672 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

10/09/2024

15:21:57

722

1255

XLON

00420455612TRLO1.1.1

10/09/2024

15:21:57

42

1255

XLON

00420455613TRLO1.1.1

10/09/2024

15:21:57

173

1255

XLON

00420455616TRLO1.1.1

10/09/2024

15:21:57

354

1255

XLON

00420455615TRLO1.1.1

10/09/2024

15:22:01

59

1255

XLON

00420455657TRLO1.1.1

10/09/2024

15:22:01

200

1255

XLON

00420455658TRLO1.1.1

10/09/2024

15:22:12

150

1255

XLON

00420455759TRLO1.1.1

10/09/2024

15:22:12

160

1255

XLON

00420455758TRLO1.1.1

10/09/2024

15:22:12

46

1255

XLON

00420455764TRLO1.1.1

10/09/2024

15:22:12

94

1255

XLON

00420455765TRLO1.1.1

 

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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