Elegant Hotels Group PLC Posting of Report & Accounts and Notice of AGM (2064V)
26 January 2017 - 8:24PM
UK Regulatory
TIDMEHG
RNS Number : 2064V
Elegant Hotels Group PLC
26 January 2017
26 January 2017
Elegant Hotels Group plc
("Elegant Hotels" or the "Company")
Posting of Report and Accounts and Notice of Annual General
Meeting
The Board of Elegant Hotels, the owner and operator of six
upscale freehold hotels and a beachfront restaurant on the island
of Barbados, announces that copies of its Annual Report and
Financial Statements for the period ending 30 September 2016,
together with the Notice of Annual General Meeting and Form of
Proxy, were posted to shareholders yesterday, 25 January 2017.
Electronic copies of the Annual Report and Financial Statements,
the Notice of Annual General Meeting and Form of Proxy are
available to view on the Company's website,
www.eleganthotelsgroup.com.
The Annual General Meeting will be held at the offices of
Macfarlanes LLP at 20 Cursitor Street, London, EC4A 1LT on Tuesday
28 February 2017 at 9:00 a.m.
For further information:
Elegant Hotels Group plc
Sunil Chatrani, Chief Executive
Officer +1 246 432 6500
+44 (0) 161 831
Zeus Capital Limited 1512
Dan Bate / Andrew Jones (NOMAD) +44 (0) 203 829
John Goold (Broker) 5000
Powerscourt
Rob Greening / Lisa Kavanagh +44 (0) 207 250
Email: eleganthotels@powerscourt-group.com 1446
NOTES TO EDITORS:
Elegant Hotels owns and operates six luxury hotels and a
beachfront restaurant, Daphne's, on the island of Barbados. The
Group's portfolio comprises 553 rooms, making it twice as large (by
room number) as the closest competitor in the Barbados luxury hotel
room market. Five of the six properties are situated along the
prestigious west coast of Barbados commonly known as the "Platinum
Coast". The properties are all freehold, with a total aggregate
plot size of approximately 22 acres and an aggregate beachfront of
2,500 feet. In the year ended 30 September 2016, the Group achieved
revenues of $57.0 million and EBITDA before non-recurring items of
$19.6 million.
Together, the Group's six existing hotels - Colony Club,
Tamarind, The House, Crystal Cove, Turtle Beach and Waves Hotel
& Spa - offer styles encompassing classic and contemporary,
family-friendly and adults-only.
The Group's shares were admitted to trading on the London Stock
Exchange's AIM in May 2015. Its objective now is to leverage its
position as a leading hotel operator in Barbados and to expand both
on Barbados and further into the Caribbean, as exemplified by its
recent signing of a management contract with Hodges Bay Resort
& Spa in Antigua.
Investor website: http://www.eleganthotelsgroup.com
Commercial website: http://www.eleganthotels.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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