Transaction in own securities

RNS Number : 6905G

PPHE Hotel Group Limited

17 November 2022

 

17 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:	16 November 2022
Number of ordinary shares purchased:	1,934
Highest price paid per share:	1,265.00p
Lowest price paid per share:	1,250.00p
Volume weighted average price paid per share:	1,256.46p

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 1,873,264 of its ordinary shares in treasury and has 42,474,146 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
16/11/2022	15:40:43	810	1265	XLON	00326785142TRLO1.1.1
16/11/2022	15:31:58	1	1265	CHIX	00326781025TRLO1.1.1
16/11/2022	15:23:20	1	1265	CHIX	00326776637TRLO1.1.1
16/11/2022	15:14:52	1	1265	CHIX	00326774185TRLO1.1.1
16/11/2022	15:06:29	1	1265	CHIX	00326771713TRLO1.1.1
16/11/2022	14:58:44	1	1265	CHIX	00326769534TRLO1.1.1
16/11/2022	14:52:42	1	1265	CHIX	00326767765TRLO1.1.1
16/11/2022	14:50:13	6	1265	CHIX	00326767098TRLO1.1.1
16/11/2022	14:50:13	1	1265	CHIX	00326767097TRLO1.1.1
16/11/2022	13:23:16	1	1265	CHIX	00326746923TRLO1.1.1
16/11/2022	13:06:06	1	1265	CHIX	00326744611TRLO1.1.1
16/11/2022	12:47:31	1	1265	CHIX	00326741940TRLO1.1.1
16/11/2022	12:30:01	1	1265	CHIX	00326739885TRLO1.1.1
16/11/2022	12:11:31	1	1265	CHIX	00326737686TRLO1.1.1
16/11/2022	11:53:41	1	1265	CHIX	00326734975TRLO1.1.1
16/11/2022	11:33:04	1	1265	CHIX	00326732304TRLO1.1.1
16/11/2022	11:13:26	1	1265	CHIX	00326729407TRLO1.1.1
16/11/2022	11:11:40	1	1265	CHIX	00326729164TRLO1.1.1
16/11/2022	11:11:40	1	1265	CHIX	00326729163TRLO1.1.1
16/11/2022	10:13:20	500	1250	XLON	00326721576TRLO1.1.1
16/11/2022	10:10:24	15	1250	XLON	00326721236TRLO1.1.1
16/11/2022	10:02:44	486	1250	XLON	00326720019TRLO1.1.1
16/11/2022	10:02:44	14	1250	XLON	00326720020TRLO1.1.1
16/11/2022	10:01:28	22	1250	XLON	00326719875TRLO1.1.1
16/11/2022	09:53:48	23	1250	XLON	00326718319TRLO1.1.1
16/11/2022	09:42:43	21	1250	XLON	00326715802TRLO1.1.1
16/11/2022	09:33:54	20	1250	XLON	00326713840TRLO1.1.1

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
Ben Wilson	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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