Transaction in own securities

RNS Number : 2456E

PPHE Hotel Group Limited

27 October 2022

 

27 October 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:	26 October 2022
Number of ordinary shares purchased:	1,255
Highest price paid per share:	1,245.00p
Lowest price paid per share:	1,200.00p
Volume weighted average price paid per share:	1,218.66p

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 1,853,539 of its ordinary shares in treasury and has 42,493,871 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
26/10/2022	12:51:15	528	1235	XLON	00323510751TRLO1.2.1
26/10/2022	12:50:36	7	1235	XLON	00323510530TRLO1.1.1
26/10/2022	12:50:36	7	1235	XLON	00323510528TRLO1.1.1
26/10/2022	12:50:36	7	1235	XLON	00323510527TRLO1.1.1
26/10/2022	12:50:36	7	1235	XLON	00323510529TRLO1.1.1
26/10/2022	12:19:38	7	1245	XLON	00323503478TRLO1.1.1
26/10/2022	12:13:06	7	1245	XLON	00323502077TRLO1.1.1
26/10/2022	12:06:40	7	1245	XLON	00323500667TRLO1.1.1
26/10/2022	12:00:39	8	1245	XLON	00323499264TRLO1.1.1
26/10/2022	11:53:29	8	1245	XLON	00323497858TRLO1.1.1
26/10/2022	11:45:50	8	1245	XLON	00323496098TRLO1.1.1
26/10/2022	11:40:47	7	1245	XLON	00323494705TRLO1.1.1
26/10/2022	11:33:56	7	1245	XLON	00323493249TRLO1.1.1
26/10/2022	11:30:12	8	1245	XLON	00323492536TRLO1.1.1
26/10/2022	11:23:01	8	1245	XLON	00323491022TRLO1.1.1
26/10/2022	11:19:17	7	1245	XLON	00323490328TRLO1.1.1
26/10/2022	11:12:15	5	1245	BATE	00323488805TRLO1.1.1
26/10/2022	11:12:15	1	1245	BATE	00323488806TRLO1.1.1
26/10/2022	11:07:49	7	1200	XLON	00323487369TRLO1.1.1
26/10/2022	11:02:01	7	1200	XLON	00323486093TRLO1.1.1
26/10/2022	10:55:42	7	1200	XLON	00323484693TRLO1.1.1
26/10/2022	10:46:19	8	1200	XLON	00323482138TRLO1.1.1
26/10/2022	10:39:06	8	1200	XLON	00323480468TRLO1.1.1
26/10/2022	10:29:55	7	1200	XLON	00323478063TRLO1.1.1
26/10/2022	10:23:59	8	1200	XLON	00323476435TRLO1.1.1
26/10/2022	10:16:27	7	1200	XLON	00323474340TRLO1.1.1
26/10/2022	10:08:54	8	1200	XLON	00323472639TRLO1.1.1
26/10/2022	10:03:42	7	1200	XLON	00323471521TRLO1.1.1
26/10/2022	09:54:41	8	1200	XLON	00323469399TRLO1.1.1
26/10/2022	09:47:02	8	1200	XLON	00323467310TRLO1.1.1
26/10/2022	09:41:02	8	1200	XLON	00323465512TRLO1.1.1
26/10/2022	09:33:08	8	1200	XLON	00323463007TRLO1.1.1
26/10/2022	09:25:02	505	1200	XLON	00323460535TRLO1.2.1

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.artotel.com www.arenahotels.com   www.arenacampsites.com

 

END

 

 

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