Transaction in own securities

RNS Number : 6229S

PPHE Hotel Group Limited

15 July 2022

 

15 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:	14 July 2022
Number of ordinary shares purchased:	1,067
Highest price paid per share:	1,460.00p
Lowest price paid per share:	1,435.00p
Volume weighted average price paid per share:	1,457.31p

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 1,808,449 of its ordinary shares in treasury and has 42,538,961 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
14/07/2022	16:24:51	1	1445	AQXE	00309694464TRLO1.1.1
14/07/2022	16:21:04	1	1445	AQXE	00309691684TRLO1.1.1
14/07/2022	16:19:08	2	1445	AQXE	00309690275TRLO1.1.1
14/07/2022	16:19:08	1	1445	AQXE	00309690274TRLO1.1.1
14/07/2022	16:16:07	1	1450	AQXE	00309687983TRLO1.1.1
14/07/2022	16:16:07	1	1450	AQXE	00309687982TRLO1.1.1
14/07/2022	16:05:42	61	1450	AQXE	00309681996TRLO1.1.1
14/07/2022	16:05:42	1	1450	AQXE	00309681997TRLO1.1.1
14/07/2022	15:45:04	14	1435	XLON	00309670454TRLO1.1.1
14/07/2022	15:45:04	1	1435	XLON	00309670453TRLO1.1.1
14/07/2022	15:32:43	12	1435	XLON	00309664858TRLO1.1.1
14/07/2022	15:29:22	13	1435	XLON	00309663508TRLO1.1.1
14/07/2022	15:25:57	11	1435	XLON	00309662215TRLO1.1.1
14/07/2022	15:23:13	14	1435	XLON	00309660898TRLO1.1.1
14/07/2022	15:18:58	13	1450	XLON	00309659169TRLO1.1.1
14/07/2022	15:15:30	13	1450	XLON	00309657796TRLO1.1.1
14/07/2022	15:12:06	14	1450	XLON	00309655927TRLO1.1.1
14/07/2022	15:08:45	13	1450	XLON	00309654209TRLO1.1.1
14/07/2022	15:06:23	12	1460	XLON	00309652911TRLO1.1.1
14/07/2022	15:06:23	13	1460	XLON	00309652912TRLO1.1.1
14/07/2022	15:06:23	13	1460	XLON	00309652910TRLO1.1.1
14/07/2022	15:06:23	13	1460	XLON	00309652909TRLO1.1.1
14/07/2022	15:06:23	13	1460	XLON	00309652908TRLO1.1.1
14/07/2022	15:06:23	12	1460	XLON	00309652907TRLO1.1.1
14/07/2022	15:06:23	804	1460	XLON	00309652906TRLO1.1.1

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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