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PPH Pphe Hotel Group Limited

1,415.00
20.00 (1.43%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pphe Hotel Group Limited LSE:PPH London Ordinary Share GG00B1Z5FH87 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  20.00 1.43% 1,415.00 1,415.00 1,430.00 1,425.00 1,395.00 1,400.00 65,271 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels 419.01M 22.42M 0.5291 26.93 603.68M

PPHE Hotel Group Limited Appointment of an Non-Executive Director (5491V)

07/08/2020 3:41pm

UK Regulatory


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TIDMPPH

RNS Number : 5491V

PPHE Hotel Group Limited

07 August 2020

7 August 2020

PPHE Hotel Group Limited

("PPHE Hotel Group", the "Company")

Appointment of an Non-Executive Director

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces the appointment of Stephanie Coxon as an independent non-executive director of the Company with immediate effect. Stephanie will sit on the Audit, Remuneration and Nomination Committees. This appointment has been approved by the Board of Directors of the Company.

A qualified chartered accountant, with over 15 years of capital market expertise, Stephanie was a capital markets director at PwC where her role included advising asset managers on listing investment funds and real estate investment trusts (UK, Guernsey and Jersey) on the London Stock Exchange.

Stephanie is an independent non-executive director of Apax Global Alpha Limited (sitting on their Audit Committee) and JLEN Environmental Assets Group Limited (sitting on their Audit, Risk and Investment Committees).

The appointment of Stephanie, as well as Nigel Keen earlier this year and Kenneth Bradley in 2019, forms part of a wider commitment by the Company to strengthen corporate governance and the Board with fresh independent experience. Following Stephanie's appointment, the Board now includes four independent non-executive directors.

Eli Papouchado, Chairman of PPHE Hotel Group said:

"I am delighted to welcome Stephanie to the Board of PPHE Hotel Group. The experience gained by Stephanie at PwC will be invaluable as we continue to address the unprecedented impact of the Covid-19 pandemic and support our long term growth in exploring new development opportunities. Stephanie's appointment further demonstrates our ongoing commitment to strengthen the corporate governance of the Company for the benefit of all stakeholders. The Board recognises that diversity in every aspect allows for a richer depth of perspective and enhances innovation. Stephanie has an international background and her capital markets, real estate fund and accounting experience reinforce essential skills for the Board. Her appointment also further enhances our overall Board diversity."

No other information is required to be disclosed under the Financial Conduct Authority's Listing Rule 9.6.13 in relation to this appointment.

Enquiries:

 
PPHE Hotel Group Limited 
Daniel Kos, Chief Financial Officer & Executive 
 Director 
Inbar Zilberman, Chief Corporate & Legal Officer 
Robert Henke, Executive Vice President Commercial  Tel: +31 (0)20 717 
 Affairs                                            8600 
Hudson Sandler 
Wendy Baker/ Lucy Wollam                           Tel: +44 (0)20 7796 
                                                    4133 pphe@hudsonsandler.com 
 

Notes to Editors

PPHE Hotel Group is an international hospitality real estate company, with a GBP1.7 billion portfolio (valued as at summer of 2019) by Savills and Zagreb nekretnine Ltd 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 primary focus is 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.

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(R) branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel(R) brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments(R) and Arena Campsites(R) brands.

PPHE Hotel Group is a Guernsey incorporated company with shares listed on the London Stock Exchange and a constituent of the FTSE 250. 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.artotels.com

www.arenahotels.com

www.arenacampsites.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 07, 2020 10:41 ET (14:41 GMT)

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