Transaction in own securities

RNS Number : 4047S

PPHE Hotel Group Limited

14 July 2022

 

14 July 2022

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

Transactions in own securities

PPHE announces today that it has purchased the following number of its ordinary shares on the London Stock Exchange through Jefferies International Limited ("the Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

Date of purchase:	13 July 2022
Number of ordinary shares purchased:	1,586
Highest price paid per share:	1,465.00p
Lowest price paid per share:	1,450.00p
Volume weighted average price paid per share:	1,455.93p

Such purchase forms part of the Company's existing share buy-back programme and was effected pursuant to the instructions issued to the Broker by  the Company on 29 June 2022, as announced on that date.

Following the purchase of these shares, PPHE holds 1,807,382 of its ordinary shares in treasury and has 42,540,028 ordinary shares in issue (excluding treasury shares). 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buy-back programme is detailed below:

Transaction Date	Transaction Time	Volume	Price (GBp)	Platform	Transaction Reference Number
13/07/2022	16:29:50	810	1460	XLON	00309501444TRLO1.1.1
13/07/2022	16:29:06	24	1465	XLON	00309500650TRLO1.1.1
13/07/2022	16:15:00	1	1465	AQXE	00309493035TRLO1.1.1
13/07/2022	16:10:39	1	1465	AQXE	00309490737TRLO1.1.1
13/07/2022	16:06:27	1	1465	AQXE	00309488719TRLO1.1.1
13/07/2022	16:02:15	1	1465	AQXE	00309486490TRLO1.1.1
13/07/2022	15:57:51	1	1465	AQXE	00309484011TRLO1.1.1
13/07/2022	15:52:54	1	1465	AQXE	00309480863TRLO1.1.1
13/07/2022	15:48:04	1	1465	AQXE	00309478295TRLO1.1.1
13/07/2022	15:43:15	1	1465	AQXE	00309475706TRLO1.1.1
13/07/2022	15:38:27	1	1465	AQXE	00309473316TRLO1.1.1
13/07/2022	15:33:45	1	1465	AQXE	00309470719TRLO1.1.1
13/07/2022	15:29:10	1	1465	AQXE	00309467516TRLO1.1.1
13/07/2022	15:24:17	1	1465	AQXE	00309464363TRLO1.1.1
13/07/2022	15:19:16	1	1465	AQXE	00309461144TRLO1.1.1
13/07/2022	15:14:28	1	1465	AQXE	00309457698TRLO1.1.1
13/07/2022	15:09:39	1	1465	AQXE	00309454170TRLO1.1.1
13/07/2022	15:04:50	1	1465	AQXE	00309450426TRLO1.1.1
13/07/2022	15:00:23	1	1465	AQXE	00309446379TRLO1.1.1
13/07/2022	14:55:42	1	1465	AQXE	00309441965TRLO1.1.1
13/07/2022	14:51:01	1	1465	AQXE	00309438142TRLO1.1.1
13/07/2022	14:46:28	1	1465	AQXE	00309435646TRLO1.1.1
13/07/2022	14:41:56	1	1465	AQXE	00309432614TRLO1.1.1
13/07/2022	14:37:33	1	1465	AQXE	00309430534TRLO1.1.1
13/07/2022	14:33:36	1	1465	AQXE	00309428338TRLO1.1.1
13/07/2022	14:33:36	40	1465	AQXE	00309428337TRLO1.1.1
13/07/2022	14:09:32	13	1450	XLON	00309418145TRLO1.1.1
13/07/2022	14:04:34	13	1450	XLON	00309416946TRLO1.1.1
13/07/2022	14:01:47	14	1450	XLON	00309416290TRLO1.1.1
13/07/2022	13:51:44	13	1450	XLON	00309413468TRLO1.1.1
13/07/2022	13:44:57	20	1450	XLON	00309411084TRLO1.1.1
13/07/2022	13:40:42	12	1450	XLON	00309408978TRLO1.1.1
13/07/2022	13:38:41	12	1450	XLON	00309407757TRLO1.1.1
13/07/2022	13:38:41	13	1450	XLON	00309407756TRLO1.1.1
13/07/2022	13:38:41	13	1450	XLON	00309407754TRLO1.1.1
13/07/2022	13:38:41	13	1450	XLON	00309407755TRLO1.1.1
13/07/2022	13:38:41	12	1450	XLON	00309407752TRLO1.1.1
13/07/2022	13:38:41	12	1450	XLON	00309407753TRLO1.1.1
13/07/2022	13:38:41	13	1450	XLON	00309407751TRLO1.1.1
13/07/2022	13:38:41	492	1450	XLON	00309407749TRLO1.1.1
13/07/2022	13:38:41	12	1450	XLON	00309407750TRLO1.1.1
13/07/2022	13:38:41	12	1450	XLON	00309407748TRLO1.1.1

Enquiries

PPHE Hotel Group Limited Media Contacts
Daniel Kos, Chief Financial Officer & Executive Director
Robert Henke, Executive Vice President Commercial Affairs	Tel: [phone]
Hudson Sandler
Lucy Wollam
Charlotte Cobb
Nick Moore	Tel: [phone] [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.

Company websites	For reservations
www.pphe.com www.arenahospitalitygroup.com	www.parkplaza.com www.artotels.com www.arenahotels.com   www.arenacampsites.com

 

END

 

 

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