Appointment of Non-Executive Director

RNS Number : 7931I

PPHE Hotel Group Limited

06 December 2022

 

 

6 December 2022

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

Appointment of Non-Executive Director

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces the appointment of Marcia Bakker as an independent non-executive director of the Company with immediate effect.

Marcia is a finance and executive search expert with extensive professional experience. She began her career as a Certified Public Accountant at KPMG and subsequently built her own business in interim management and recruitment (SIS Finance). More recently she joined Spencer Stuart (Amsterdam) as an Executive Search Professional. Marcia is also a non-executive director of the International School for Philosophy (acting as Treasurer).

The appointment of Marcia forms part of a wider commitment by the Company to strengthen corporate governance by appointing new Directors with independent experience which enhance the overall diversity of the Board. Following Marcia's appointment, the Board comprises five independent non-executive directors.

Eli Papouchado, Chairman of PPHE Hotel Group said:

"I am delighted to welcome Marcia to the Board. Her varied industry background in finance, recruitment and HR, in conjunction with her experience working with large and international corporations will provide invaluable insights for the Board and support our overall long-term growth. Marcia's appointment further demonstrates our ongoing commitment to strengthen the corporate governance of the Company for the benefit of all stakeholders."

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	Tel: +   44 207 034 1376
Inbar Zilberman, Chief Corporate Officer & Legal Officer
Hudson Sandler	Tel: [phone]
Wendy Baker / Lucy Wollam / Charlotte Cobb	Email:  [e-mail]

Notes to Editors

PPHE Hotel Group is an international hospitality real estate company, with a 1.8 billion portfolio, valued as at December 2021 by Savills and Zagreb nekretnine Ltd (ZANE), 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 portfolio includes 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's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.

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

PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. 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.artotel.com

www.arenahotels.com

www.arenacampsites.com

 

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