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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
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
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(END) Dow Jones Newswires
April 09, 2018 03:50 ET (07:50 GMT)
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