PPHE Hotel Group Limited Special Dividend (1278F)
25 July 2016 - 8:28PM
UK Regulatory
TIDMPPH
RNS Number : 1278F
PPHE Hotel Group Limited
25 July 2016
25 July 2016
PPHE Hotel Group Limited (the "Company")
Special Dividend
Further to the announcement on 13 July 2016, the Company wishes
to announce that the payment date of the special dividend has been
brought forward from that originally announced and will be paid on
12 August 2016 rather than 23 August 2016.
Accordingly, the special dividend will be paid on 12 August
2016, to shareholders on the register at close of business on 22
July 2016. The ex-dividend date remains at 21 July 2016.
Enquiries:
PPHE Hotel Group Limited
Chen Moravsky, Deputy Chief Executive Officer Tel: +31 (0)20 717 8603
& Chief Financial Officer
Hudson Sandler Financial Public Relations
Wendy Baker / Katie Cohen Tel: +44 (0)20 7796 4133
Notes to editors
PPHE Hotel Group Limited is a Guernsey registered company and
through its subsidiaries, jointly controlled entities and
associates, owns, leases, operates, franchises and develops full
service upscale and lifestyle hotels in major gateway cities and
regional centres, predominantly in Europe.
The majority of the Group's hotels operate under two distinct
brands, Park Plaza(R) Hotels & Resorts and art'otel(R) . The
Group has an exclusive licence from Carlson, a global privately
held hospitality and travel company, to develop and operate Park
Plaza(R) Hotels & Resorts in Europe, the Middle East and
Africa. The art'otel(R) brand is fully owned by the Group.
The Group also owns a controlling interest in the Arenaturist
group, one of Croatia's leading hospitality companies.
The portfolio of owned, leased, managed and franchised hotels
comprises 38 hotels in operation offering a total of nearly 8,400
rooms. The development pipeline includes four new hotel projects
and one hotel extension and reconfiguration. These developments are
expected to add over 800 rooms to our portfolio by the end of 2016
and an additional 500 rooms by the end of 2019.
Our Company:
www.pphe.com
Our Hotel Brands:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
Forward-looking statements
This announcement may contain certain "forward-looking
statements' which reflect the Company's and/or the Directors'
current views with respect to financial performance, business
strategy and future plans, both with respect to the Group and the
sectors and industries in which the Group operates. Statements
which include the words "expects", "intends", "plans", "believes",
"projects", "anticipates", "will", "targets", "aims", "may",
"would", "could", "continue" and similar statements are of a future
or forward-looking nature. All forward-looking statements address
matters that involve risks and uncertainties. Accordingly, there
are or will be important factors that could cause the Group's
actual results to differ materially from those indicated in these
statements. Any forward-looking statements in this announcement
reflect the Group's current views with respect to future events and
are subject to risks, uncertainties and assumptions relating to the
Group's operations, results of operations and growth strategy.
These forward-looking statements speak only as of the date of this
announcement. Subject to any legal or regulatory obligations, the
Company undertakes no obligation publicly to update or review any
forward-looking statement, whether as a result of new information,
future developments or otherwise. All subsequent written and oral
forward-looking statements attributable to the Group or individuals
acting on behalf of the Group are expressly qualified in their
entirety by this paragraph. Nothing in this announcement should be
considered as a profit forecast.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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