Information  X 
Enter a valid email address

PPHE Hotel Grp Ltd (PPH)

  Print          Annual reports

Tuesday 29 June, 2021

PPHE Hotel Grp Ltd

PDMR announcement

RNS Number : 5369D
PPHE Hotel Group Limited
29 June 2021
 

 

PPHE Hotel Group Limited

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

PDMR announcement

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts today announces the following notifications, made in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Greg Hegarty

2

Reason for the notification

a)

Position/status

Deputy Chief Executive Officer & Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PPHE Hotel Group Limited

b)

LEI

N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Exercise of share option

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Exercise of share option (cash settled)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 16.72

 39,790

d)

Aggregated information

 

Greg Hegarty has exercised Share Options in respect of 39,790 Shares, and has agreed to a net cash settlement of such Share Options based on their exercise price of £6.90 multiplied by the number of Share Options exercised.

 

e)

Date of the transaction

2021-06-29

 

f)

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Kos

2

Reason for the notification

a)

Position/status

Chief Financial Officer & Executive Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PPHE Hotel Group Limited

b)

LEI

N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Exercise of share option

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Exercise of share option  (cash settled)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 GBP 16.72

 50,000

d)

Aggregated information

 

Daniel Kos has exercised Share Options in respect of 50,000 Shares and has agreed to a net cash settlement based their exercise price (£6.90) multiplied by the number of Share Options exercised.

 

e)

Date of the transaction

2021-06-29

 

f)

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Inbar Zilberman

2

Reason for the notification

a)

Position/status

Chief Corporate & Legal Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PPHE Hotel Group Limited

b)

LEI

N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Exercise of share option

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Exercise of share option  (cash settled)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 GBP 16.72

17,000

d)

Aggregated information

 

Inbar Zilberman has exercised Share Options in respect of 17,000 Shares and has agreed to a net cash settlement of such Share Options based on their exercise price of £2.335 multiplied by the number of Share Options exercised.

 

e)

Date of the transaction

2021-06-29

 

f)

Place of the transaction

London

 

 

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a 1.7 billion portfolio, valued as at December 2020 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 primary focus is 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.

 

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.

 

PPHE Hotel Group

Arena Hospitality Group

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHZKLFLFQLEBBL

a d v e r t i s e m e n t