Notice of Results and Change of Advisers

RNS Number : 3598C

PPHE Hotel Group Limited

14 March 2014

 



14 March 2014

PPHE Hotel Group Limited

(the Company)

 NOTICE OF ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2013 AND CHANGE OF ADVISERS

The Company which together with its subsidiaries (the "Group") owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe, intends to announce its preliminary results for the year ended 31 December 2013 on Wednesday 19 March 2014.

The Company is pleased to announce the appointment of Oriel Securities Limited as financial adviser and joint broker and finnCap Limited as joint broker, with immediate effect.

Enquiries: PPHE Hotel Group Limited Boris Ivesha, President and Chief Executive Officer	Tel: [phone]
Chen Moravsky, Chief Financial Officer	Tel: [phone]
Oriel Securities Limited James Grace / Roger Clarke	Tel: [phone]
finnCap Limited Stuart Andrews / Grant Bergman	Tel: [phone]
Hudson Sandler
Wendy Baker / Katie Matthews	Tel: [phone]

Notes to Editors

PPHE Hotel Group Limited is a Guernsey registered company and through its subsidiaries, jointly controlled entities and associates, owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe. 

The majority of the Group's hotels operate under two distinct brands, Park Plaza® Hotels & Resorts and art'otel®.  The Group has an exclusive licence from Carlson, a global privately held hospitality and travel company, to develop and operate Park Plaza Hotels & Resorts in Europe, the Middle East and Africa.  The art'otel brand is fully owned by PPHE Hotel Group.  The Group has a minority ownership interest in the Arenaturist group, one of Croatia's leading hospitality companies.

The portfolio of owned, leased, managed and franchised hotels comprises 38 hotels in operation offering a total of more than 8,300 rooms.  The development pipeline includes four new hotels, which together are expected to add more than 1,100 rooms to the portfolio by the end of 2016

.

Our Brands:                                Our Company:

www.parkplaza.com                     www.pphe.com

www.artotels.com

www.arenaturist.com

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

 

END

 

 

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