Director/PDMR Shareholding

RNS Number : 8418A

PPHE Hotel Group Limited

31 December 2014

 



31 December 2014

PPHE Hotel Group Ltd

("PPHE" or the "Company")

Annex DTR3       

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.    Name of the issuer

PPHE Hotel Group LIMITED

2.    State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006 , or (iii) in accordance with paragraph 26 of the Model Code

This notification relates to a transaction notified in accordance with DTR 3.1.2 R

3.    Name of person discharging managerial responsibilities/director

Guy Ivesha

4.   State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above and identify the connected person(s)

N/A

5.    Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

As in 3 above

6.    Description of shares (including class), debentures or derivatives or financial instruments relating to shares

100,000 ordinary shares of no par value

7.    Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)

As in 3 above

8.    State the nature of the transaction.

Exercise of share options by Guy Ivesha for 100,000 ordinary shares of no par value each at an exercise price of 233.5 pence. The options were granted under the Company's share option plan on 15 November 2012.

9.    Number of shares, debentures or financial instruments relating to shares acquired

100,000

10.  Percentage of issued class acquired (any treasury shares of class should not be taken into account when calculating percentage)

0.24%

11.  Number of shares, debentures or financial instruments relating to shares disposed

N/A

12.  Percentage of issued class disposed (any treasury shares of class should not be taken into account when calculating percentage)

N/A

13.  Price per share or value of transaction

233.5P PER ORDINARY SHARE

14.  Date of transaction

31 December 2014 (date of Admission to Official List)

15.  Total holding and total percentage holding of issued class following this notification (any treasury shares of class should not be taken into account when calculating percentage)

200,000 ordinary shares; 0.48%

16.  Date Company informed

23 December 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.  Date of grant

N/A

18.  Period during which or date on which exercisable

N/A

19.  Total amount paid (if any) for grant of the option

N/A

20.  Description of shares or debentures involved (class and number)

N/A

21.  Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22.  Total number of shares or debentures over which options held following notification

N/A

23.  Any additional information

N/A

24.  Name of contact and telephone number for queries

INBAR ZILBERMAN; 020 7034 1376

END

 

END

 

 

RDSLLFIVFRLAFIS