Transaction in own securities

RNS Number : 6869Y

PPHE Hotel Group Limited

08 September 2022

 

08 September 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:	07 September 2022
Number of ordinary shares purchased:	2,111
Highest price paid per share:	1,415.00p
Lowest price paid per share:	1,370.00p
Volume weighted average price paid per share:	1,393.35p

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.

In addition, on 07 September 2022, 42,675 ordinary shares of no par value in the Company ("Shares") previously held in treasury, were transferred out of treasury.

Following both the purchase of these shares and transfer out of treasury set out above, PPHE now holds 1,812,445 of its ordinary shares in treasury and has 42,534,965 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
07/09/2022	16:08:21	390	1415	XLON	00316716200TRLO1.2.1
07/09/2022	16:07:31	6	1415	XLON	00316715482TRLO1.1.1
07/09/2022	16:04:44	6	1415	XLON	00316712644TRLO1.1.1
07/09/2022	16:01:57	6	1415	XLON	00316710421TRLO1.1.1
07/09/2022	15:59:05	6	1415	XLON	00316707716TRLO1.1.1
07/09/2022	15:56:42	6	1415	XLON	00316706022TRLO1.1.1
07/09/2022	15:14:53	91	1390	XLON	00316675975TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675974TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675973TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675972TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675971TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675970TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675969TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675968TRLO1.1.1
07/09/2022	15:14:53	108	1390	XLON	00316675967TRLO1.1.1
07/09/2022	15:14:53	6	1390	XLON	00316675966TRLO1.1.1
07/09/2022	15:01:26	37	1390	XLON	00316665807TRLO1.1.1
07/09/2022	14:51:16	706	1390	XLON	00316657837TRLO1.1.1
07/09/2022	14:51:16	277	1390	XLON	00316657836TRLO1.1.1
07/09/2022	14:50:54	6	1390	XLON	00316657520TRLO1.1.1
07/09/2022	14:47:36	6	1390	XLON	00316654885TRLO1.1.1
07/09/2022	14:44:17	6	1390	XLON	00316652705TRLO1.1.1
07/09/2022	14:41:03	6	1390	XLON	00316649940TRLO1.1.1
07/09/2022	14:37:53	6	1390	XLON	00316647319TRLO1.1.1
07/09/2022	14:34:47	6	1390	XLON	00316644306TRLO1.1.1
07/09/2022	14:31:59	6	1390	XLON	00316641318TRLO1.1.1
07/09/2022	14:28:39	6	1390	XLON	00316637253TRLO1.1.1
07/09/2022	14:23:14	6	1390	XLON	00316634806TRLO1.1.1
07/09/2022	14:20:59	6	1390	XLON	00316633763TRLO1.1.1
07/09/2022	11:54:34	6	1390	XLON	00316587891TRLO1.1.1
07/09/2022	11:45:25	6	1390	XLON	00316585961TRLO1.1.1
07/09/2022	11:36:22	6	1390	XLON	00316583432TRLO1.1.1
07/09/2022	11:27:31	6	1390	XLON	00316581176TRLO1.1.1
07/09/2022	11:18:55	6	1390	XLON	00316579061TRLO1.1.1
07/09/2022	11:14:31	6	1390	XLON	00316577893TRLO1.1.1
07/09/2022	11:02:05	6	1380	XLON	00316575174TRLO1.1.1
07/09/2022	10:53:00	14	1370	XLON	00316572433TRLO1.1.1
07/09/2022	10:48:24	294	1380	XLON	00316570927TRLO1.1.1
07/09/2022	10:48:24	14	1380	XLON	00316570926TRLO1.1.1

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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