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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Action Hotels | LSE:AHCG | London | Ordinary Share | JE00BFZD1492 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 23.20 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAHCG
RNS Number : 0312K
Action Hotels PLC
05 April 2018
Action Hotels plc
("Action Hotels" or the "Company")
Directorate change
Action Hotels plc, the leading owner, developer and asset manager of branded three and four-star hotels in the Middle East and Australia, announces that the Company's Chief Executive Officer, Alain Debare, has informed the Board of his decision to resign from the Company, including stepping down from his Board position.
The Company confirms that Alain has agreed to continue to perform his role as Chief Executive Officer for up to six months, in order to facilitate an orderly transition process and allow the Company's operations to continue without interruption. The Company will start a formal process to recruit for a new Chief Executive Officer and a further announcement will be made in due course.
Sheikh Mubarak A M Al-Sabah, Chairman of Action Hotels commented:
"Alain has overseen the growth of Action Hotels for the last ten years, taking it from a private company to a public company. On behalf of the Board we are grateful to Alain's extremely hard work and efforts and wish him all the best for the future."
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 until the release of this announcement
For more information:
Action Hotels PLC Tel: +44 (0) 20 7907 Andrew Lindley, Chief Financial 9663 Officer Katie Shelton, Director of Corporate Affairs WH Ireland Limited Tel: +44 (0) 20 7220 Adrian Hadden 1666 Jessica Cave Alex Bond
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAQELFBVZFFBBQ
(END) Dow Jones Newswires
April 05, 2018 12:17 ET (16:17 GMT)
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