Admission to the Official List

RNS Number : 4356J

Park Plaza Hotels Limited

30 June 2011

 



30 June 2011

Park Plaza Hotels Limited
("Park Plaza" or the "Company")

Admission to the Official List

Further to its announcement on 24 June 2011, the Company announces that the admission of its entire issued ordinary share capital to the standard listing segment of the Official List of the UK Listing Authority and admission to trading on the main market for listed securities of London Stock Exchange plc ("Admission") became effective at 08.00 a.m. today. Trading in the Company's ordinary shares on AIM was cancelled simultaneously.

The Company's ordinary shares continue to trade under the TIDM code PPH and the Company currently has 42,677,292 ordinary shares in issue (862,000 of which are held in treasury).

ENQUIRIES:

Park Plaza Hotels Limited	[phone]
Boris Ivesha, Chief Executive Officer
Chen Moravsky, Chief Financial Officer
Investec Investment Banking	[phone]
James Grace
Hudson Sandler	[phone]
Wendy Baker

The Company is not offering any ordinary shares or other securities in connection with Admission. This document does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy ordinary shares or other securities in any jurisdiction.

The contents of this announcement have been prepared by and are the sole responsibility of the Company.

Notes to Editors

About Park Plaza

Park Plaza Hotels Limited owns, leases, develops, manages and franchises primarily full service four-star, four-star deluxe and contemporary lifestyle hotels in major gateway cities and regional centres primarily in Europe.  The majority of the Group's hotels operate under the Park Plaza Hotels & Resorts brand (part of Carlson), over which the Group has exclusive rights in 56 countries in Europe, the Middle East and Africa, or art'otel, a brand which Park Plaza fully owns. 

Through its strategic partnership with Carlson, one of the world's largest travel and hospitality companies, Park Plaza has access to Carlson's powerful reservation and distribution system, airline partnerships with 22 airlines, loyalty programmes such as Club Carlson^SM for guests and look to book^® for travel agents and cross-selling opportunities. 

The Group currently has 25 Park Plaza hotels and art'otels, with 5,447 rooms in operation. New projects under development include Park Plaza Nuremberg (2013), art'otel amsterdam (2012), a 61-room extension of art'otel berlin city center west (2012) and art'otel london hoxton (2013).

Park Plaza also part owns Arenaturist, one of Croatia's leading hospitality companies, and operates 8 hotels and 5 apartment complexes (with a total of 2,868 rooms) and 7 campsites in Istria, Croatia.

Our Brands:	Our Company:
www.parkplaza.com	www.parkplazahotels.net
www.artotels.com
www.arenaturist.com

For images and logos visit www.vfmii.com/parkplaza

 

END

 

 

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