Action Hotels PLC Director/PDMR Shareholding (7229V)

TIDMAHCG

RNS Number : 7229V

Action Hotels PLC

07 November 2017

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Action Hotels plc

("Action Hotels" or the "Company")

Director's Dealing

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging 
       managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------- 
 a)   Name                Sheikh Mubarak A.M. 
                           Al-Sabah 
---  ------------------  -------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------- 
 a)   Position/status     Non-Executive Chairman 
---  ------------------  -------------------------- 
 b)   Initial             Initial notification 
       notification 
       /Amendment 
---  ------------------  -------------------------- 
 3    Details of the issuer, emission 
       allowance market participant, 
       auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------- 
 a)   Name                Action Hotels plc 
---  ------------------  -------------------------- 
 b)   LEI                 213800BGD9TEXUTCQ647 
---  ------------------  -------------------------- 
 4    Details of the transaction(s): 
       section to be repeated for (i) 
       each type of instrument; (ii) 
       each type of transaction; (iii) 
       each date; and (iv) each place 
       where transactions have been 
       conducted 
---  ---------------------------------------------- 
 a)   Description         Ordinary shares of 
       of the financial    GBP0.10 
       instrument, 
       type of 
       instrument          AHCG ISIN: JE00BFZD1492 
       Identification 
       code 
---  ------------------  -------------------------- 
 b)   Nature of           Purchase of Ordinary 
       the transaction     Shares 
---  ------------------  -------------------------- 
 c)   Price(s)              Price(s)   Volume(s) 
       and volume(s)        ---------  ---------- 
                             35.50p     5,000 
                            ---------  ---------- 
---  ------------------  -------------------------- 
 d)   Aggregated 
       information         N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  ------------------  -------------------------- 
 e)   Date of             6 November 2017 
       the transaction 
---  ------------------  -------------------------- 
 f)   Place of            London Stock Exchange, 
       the transaction     AIM 
---  ------------------  -------------------------- 
 

For more information contact:

 
Action Hotels PLC                             Tel: [phone] 
Alain Debare, Chief Executive Officer 
Katie Shelton, Director of Corporate Affairs 
 
 
Zeus Capital Limited (Nomad and Broker) 
Dan Bate / Andrew Jones                  Tel: [phone] 
Victoria Ayton                           Tel: [phone] 
 
 
Beaufort Securities Limited  Tel: +44 (0) 020 
 (Joint Broker)               7382 8300 
 Zoe Alexander 
 Elliot Hance 
 
 

Notes to Editors

Action Hotels PLC

Action Hotels PLC is a leading owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia. Established in 2005, Action Hotels currently has 13 completed hotels with 2,276 rooms in aggregate across the Middle East and Australia, with further properties in development in both regions.

More information is available at http://www.actionhotels.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

November 07, 2017 02:00 ET (07:00 GMT)