Transaction in own securities

RNS Number : 0654G

PPHE Hotel Group Limited

11 November 2022

 

11 November 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:	10 November 2022
Number of ordinary shares purchased:	1,637
Highest price paid per share:	1,250.00p
Lowest price paid per share:	1,235.00p
Volume weighted average price paid per share:	1,240.64p

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 1,867,789 of its ordinary shares in treasury and has 42,479,621 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
10/11/2022	16:28:32	12	1240	XLON	00326029534TRLO1.1.1
10/11/2022	16:26:15	13	1240	XLON	00326028199TRLO1.1.1
10/11/2022	16:24:08	13	1240	XLON	00326026275TRLO1.1.1
10/11/2022	16:22:01	10	1240	XLON	00326024949TRLO1.1.1
10/11/2022	16:18:26	2	1235	CHIX	00326022967TRLO1.1.1
10/11/2022	16:18:26	3	1235	CHIX	00326022966TRLO1.1.1
10/11/2022	16:18:26	10	1235	XLON	00326022965TRLO1.1.1
10/11/2022	16:18:26	16	1235	XLON	00326022964TRLO1.1.1
10/11/2022	16:18:26	18	1235	XLON	00326022963TRLO1.1.1
10/11/2022	16:18:26	1	1240	CHIX	00326022961TRLO1.1.1
10/11/2022	16:16:47	15	1240	XLON	00326022140TRLO1.1.1
10/11/2022	16:16:22	1	1240	CHIX	00326021980TRLO1.1.1
10/11/2022	16:14:56	10	1240	XLON	00326021241TRLO1.1.1
10/11/2022	16:13:56	12	1240	CHIX	00326020573TRLO1.1.1
10/11/2022	16:13:56	1	1240	CHIX	00326020572TRLO1.1.1
10/11/2022	16:12:44	9	1240	XLON	00326019782TRLO1.1.1
10/11/2022	16:10:57	9	1240	XLON	00326018539TRLO1.1.1
10/11/2022	16:08:48	9	1240	XLON	00326016728TRLO1.1.1
10/11/2022	16:06:45	9	1240	XLON	00326014572TRLO1.1.1
10/11/2022	16:04:19	9	1240	XLON	00326012866TRLO1.1.1
10/11/2022	16:02:04	10	1240	XLON	00326011171TRLO1.1.1
10/11/2022	16:01:45	9	1240	CHIX	00326010948TRLO1.1.1
10/11/2022	16:00:19	7	1240	CHIX	00326009703TRLO1.1.1
10/11/2022	16:00:12	10	1240	XLON	00326009599TRLO1.1.1
10/11/2022	16:00:11	7	1240	CHIX	00326009585TRLO1.1.1
10/11/2022	16:00:11	22	1240	CHIX	00326009584TRLO1.1.1
10/11/2022	15:58:09	10	1240	XLON	00326007574TRLO1.1.1
10/11/2022	15:55:45	10	1240	XLON	00326005890TRLO1.1.1
10/11/2022	15:53:20	10	1240	XLON	00326004485TRLO1.1.1
10/11/2022	15:51:25	10	1240	XLON	00326003185TRLO1.1.1
10/11/2022	15:49:15	10	1240	XLON	00326001814TRLO1.1.1
10/11/2022	15:47:10	10	1240	XLON	00326000671TRLO1.1.1
10/11/2022	15:44:59	160	1240	XLON	00325999583TRLO1.1.1
10/11/2022	15:44:59	10	1240	XLON	00325999582TRLO1.1.1
10/11/2022	15:33:10	30	1240	XLON	00325993099TRLO1.1.1
10/11/2022	15:11:23	130	1240	XLON	00325978289TRLO1.1.1
10/11/2022	15:11:19	120	1240	XLON	00325978257TRLO1.1.1
10/11/2022	15:11:19	200	1240	XLON	00325978255TRLO1.1.1
10/11/2022	15:11:19	200	1240	XLON	00325978256TRLO1.1.1
10/11/2022	15:06:54	70	1240	XLON	00325974831TRLO1.1.1
10/11/2022	15:06:48	200	1240	XLON	00325974772TRLO1.1.1
10/11/2022	15:06:48	80	1240	XLON	00325974773TRLO1.1.1
10/11/2022	10:46:45	37	1250	XLON	00325871198TRLO1.1.1
10/11/2022	10:46:38	53	1250	XLON	00325871172TRLO1.1.1
10/11/2022	10:46:38	40	1250	XLON	00325871171TRLO1.1.1

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

 

END

 

 

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