Notification of Transactions by PDMR

Summary by AI BETAClose X

PPHE Hotel Group Limited has announced new long-term incentive arrangements for senior managers Greg Hegarty and Daniel Kos, who are persons discharging managerial responsibilities. These arrangements will allow for annual grants of nil-cost options over ordinary shares, with the maximum award capped at two times annual salary. Fifty percent of each option grant will be contingent on dividend performance, and the other fifty percent on earnings per share targets for 2026, 2027, and 2028. Any options granted will be exercisable in Q1 2029, with a mandatory two-year retention period for the net shares acquired.

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PPHE Hotel Group Limited
17 December 2025
 

 

17 December 2025

 

PPHE Hotel Group Limited

("PPHE", the "Group" or the "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

 

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, today announces that members of its senior management team, Greg Hegarty and Daniel Kos (each being a person discharging managerial responsibilities as defined in the EU Market Abuse Regulation, or a "PDMR"), have entered into certain long-term incentive arrangements with the Company as set out below.

 

Following a comprehensive review of executive remuneration provision at the Company, the remuneration committee of the board of directors has approved certain performance-related long-term incentive arrangements for Greg Hegarty and Daniel Kos.

 

Under the terms of those arrangements, nil-cost options over ordinary shares in the Company may be granted annually to each PDMR based on dividend and earning per share performance in each of 2026, 2027 and 2028. The maximum annual award opportunity is capped at two times annual salary.  

 

The grant of 50% of each nil-cost option will be dependent on a dividend-related performance target. The grant of the other 50% of each nil-cost option will be dependent on an EPS-related performance targets

 

Any nil-cost options granted under these arrangements will be granted under the Company's Executive Incentive Plan 2020 and will be capable of exercise in Q1 2029 shortly after the announcement of the Company's results for the year ending 31 December 2028. Each PDMR will then be required to retain the net number of ordinary shares acquired on exercise (i.e. after sales for tax) for a further two-year period.

 

- Ends -

 

Enquiries:

 

PPHE Hotel Group Limited

Tel: +31 (0)20 717 8600

Greg Hegarty, Co-Chief Executive Officer

Daniel Kos, Chief Financial Officer & Executive Director


Robert Henke, Executive Vice President of Commercial Affairs

 

 

H2Radnor

Iain Daly / Joshua Cryer

 

 

Tel: +44 (0) 203 897 1830

Hudson Sandler

Tel: +44 (0)20 7796 4133

Wendy Baker / India Laidlaw

pphe@hudsonsandler.com

 

Notes to Editors:

 

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 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.

 

PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.

 

Company websites: www.pphe.com | www.arenahospitalitygroup.com

 

For reservations:

www.parkplaza.com | www.artotel.com | www.arenahotels.com | www.arenacampsites.com | www.radissonhotels.com]

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