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AHCG Action Hotels

23.20
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Action Hotels PLC Director's Dealing (2382K)

09/04/2018 8:50am

UK Regulatory


Action Hotels (LSE:AHCG)
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From Mar 2019 to Mar 2024

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TIDMAHCG

RNS Number : 2382K

Action Hotels PLC

09 April 2018

Action Hotels plc

("Action Hotels" or the "Company")

Director's Dealing

Further to the announcement made on 28 March 2018, the Company was notified on 5 April 2018 that the purchase of 9,715,463 Action Hotels ordinary shares of 10 pence each ("Ordinary Shares") by Action Real Estate Co. K.S.C.C from Blakeney LLP was executed on 5 April 2018 at a price of 23p per Ordinary Share.

Following this transaction, Sheikh Mubarak A. M. Al Sabah has an interest in 107,026,079 (of which 1,724,968 are held directly and the balance are held by Action Group Holding Company K.S.C.C and its subsidiaries) Ordinary Shares, representing approximately 72.49 per cent. of the Company's issued Ordinary Share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                                                      Action Real Estate Co. K.S.C.C. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Sheikh Mubarak A. M. Al Sabah (a director of the 
                                                                Action Hotels plc) is a director and a major 
                                                                shareholder of Action Real Estate Co. K.S.C.C. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial notification 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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 of the financial instrument, type of          Ordinary shares of GBP0.10 
      instrument 
                                                                 AHCG ISIN: JE00BFZD1492 
      Identification code 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of Ordinary Shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price:   Volume: 
                                                                 -------  ---------- 
                                                                  23p      9,715,463 
                                                                 -------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                   N/A - single transaction 
         *    Aggregated volume 
 
 
         *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   5 April 2018 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

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

MSCDKLBBVZFZBBV

(END) Dow Jones Newswires

April 09, 2018 03:50 ET (07:50 GMT)

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