We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10.00 | 0.68% | 1,480.00 | 1,465.00 | 1,480.00 | 1,480.00 | 1,470.00 | 1,475.00 | 3,864 | 16:26:42 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Hotels And Motels | 419.01M | 22.42M | 0.5291 | 27.97 | 626.98M |
From May 2019 to May 2024
TIDMPPH
RNS Number : 2469U
PPHE Hotel Group Limited
27 March 2019
PPHE Hotel Group Limited
(the "Company")
Exercise of Share Options and Sale of Shares
The Company announces that on 27 March 2019 the board of directors of the Company approved the issue and allotment of 60,552 new ordinary shares of no par value each in the Company ("Shares") subject to and conditional upon Admission (as defined below) in order to satisfy an exercise of share options held by Daniel Kos and Greg Hegarty ("Share Options") (each of whom is a person discharging managerial responsibilities as defined in the EU Market Abuse Regulation or a "PDMR"). As part of this exercise, the individuals in question authorised the Company to sell the Shares in the market at the best price reasonably available.
Daniel Kos has exercised Share Options in respect of 50,000 Shares and has agreed to the net settlement of such Share Options, resulting in Mr. Kos receiving 28,834 Shares and surrendering Share Options in respect of 21,166 Shares. Following such exercise and surrender of Share Options on 27 March 2019, 28,834 Shares were sold on behalf of Mr. Kos at a price of GBP16.30 per Share.
Greg Hegarty has exercised Share Options in respect of 55,000 Shares and has agreed to the net settlement of such Share Options, resulting in Mr. Hegarty receiving 31,718 Shares and surrendering Share Options in respect of 23,282 Shares. Following such exercise and surrender of Share Options, on 27 March 2019 31,718 Shares were sold on behalf of Mr. Hegarty at a price of GBP16.30 per Share.
Following such exercise and surrender, Share Options are outstanding over a total of 417,500 Shares representing approximately 0.98% of the Company's issued share capital (excluding shares held in treasury).
The Share Options were granted under the Company's Executive Share Option Plan on 14 November 2016. On Admission, all of the new Shares will rank pari passu with the Company's existing Shares. Applications have been made for the new Shares to be admitted to the Official List of the UK Listing Authority and to trading on London Stock Exchange plc's main market for listed securities ("Admission"). Admission is expected to take place on or around 2 April 2019.
Total Voting Rights
On Admission, the total number of Shares in issue will be 42,398,188 (excluding shares held in treasury) with 1,888,070 shares held in treasury. Each share which is not held in treasury carries one vote and therefore the total number of voting rights in the Company on Admission will be 42,398,188.
The above figures may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail:
Hot Features
Premium
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Daniel Kos
------------------------------------------------------------ ----------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer & Executive Director
------------------------------------------------------------ ----------------------------------------------
b) Initial notification/Amendment This is an initial notification
------------------------------------------------------------ ----------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------------------------------------------------
a) Name PPHE Hotel Group Limited
------------------------------------------------------------ ----------------------------------------------
b) LEI 2138003H1BZGR6KM5823
------------------------------------------------------------ ----------------------------------------------
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 instrument Ordinary shares of no par value
Identification code
GG00B1Z5FH87/PPH
------------------------------------------------------------ ----------------------------------------------
b) Nature of the transaction Exercise of Share Options and sale of Shares
------------------------------------------------------------ ----------------------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
GBP 6.90 28,834
Sale Price(s) Volume(s)
GBP 16.30 28,834
------------------------------------------------------------ ----------------------------------------------
d) Aggregated information
See above
------------------------------------------------------------ ----------------------------------------------
e) Date of the transaction 27 March 2019
------------------------------------------------------------ ----------------------------------------------
f) Place of the transaction London
------------------------------------------------------------ ----------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Greg Hegarty
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Executive Vice President UK & Chief Commercial Officer
------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment This is an initial notification
------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name PPHE Hotel Group Limited
------------------------------------------------------- -------------------------------------------------------
b) LEI 2138003H1BZGR6KM5823
------------------------------------------------------- -------------------------------------------------------
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 no par value
instrument
GG00B1Z5FH87/PPH
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Exercise of Share Options and sale of Shares
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
GBP 6.90 31,718
Sale Price(s) Volume(s)
GBP 16.30 31,718
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
See above
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 27 March 2019
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London
------------------------------------------------------- -------------------------------------------------------
Enquiries:
PPHE Hotel Group Limited
Robert Henke, Executive Vice President of Corporate Tel: +31 20 717
Affairs 8600
and Customer Experience
Lisa Woodman, Director of Corporate Communications Tel: +44 (0)20 7034
4800
Hudson Sandler
Wendy Baker/Sophie Lister Tel: +44 (0)20 7796
4133
pphe@hudsonsandler.com
Notes to editors
PPHE Hotel Group is an international hospitality real estate company, with a GBP1.6 billion portfolio of primarily prime freehold and long leasehold assets in Europe.
The Group's guiding principle is to generate attractive returns from operations and long-term capital appreciation.
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.
The 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, the 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. This multi-brand approach enables the Group to develop and operate properties across several segments of the hospitality market.
The Group is one of the largest owner/operators of hotels in central London and its property portfolio comprises of 38 hotels and resorts in operation, offering a total of approximately 8,800 rooms and 8 campsites, offering approximately 6,000 units. The Group's development pipeline includes two new hotels in London which are expected to add an additional 500 rooms by the end of 2022/2023.
PPHE Hotel Group is a Guernsey registered company and its shares are listed on the Premium Listing segment of the Main Market of the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, whose shares are listed on 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
For images and logos visit
www.vfmii.com/parkplaza
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
MSCCKODBFBKDCNB
(END) Dow Jones Newswires
March 27, 2019 14:31 ET (18:31 GMT)
1 Year Pphe Hotel Chart |
1 Month Pphe Hotel Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
