TIDMPPH

RNS Number : 6480E

PPHE Hotel Group Limited

09 May 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         PPHE HOTEL GROUP LIMITED 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
-----------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  --------------------------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  --------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------  ---  --------------------------------- 
 3. Full name of person(s)                                          WALFORD INVESTMENTS HOLDINGS 
  subject to the                                                              LIMITED 
  notification obligation:                                        (AN ENTITY OWNED BY FOUR TRUSTS 
  (iii)                                                             ESTABLISHED FOR THE BENEFIT 
                                                                       OF THE IVESHA FAMILY) 
-------------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-------------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                           DATE OF THE TRANSACTION: 
  and date on                                                                9 May, 2017 
  which the threshold is 
  crossed or                                                         DATE ON WHICH THE THRESHOLD 
  reached: (v)                                                               IS CROSSED: 
                                                                             9 May, 2017 
-------------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                    9 May, 2017 
  notified: 
-------------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                          18 - 16% 
-------------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number          Number of                   % of voting 
                 of               of               of shares       voting                      rights (x) 
                 Shares           Voting                           rights 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
 ORDINARY 
  SHARES          7,990,027        7,990,027        6,690,027      6,690,027    0               15.85%          0 
               ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 GG00B1Z5FH87 
-------------      -----------    -----------      ------------    ----------  ------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting              % of voting 
 financial           date           Conversion                       rights that                   rights 
 instrument          (xiii)         Period (xiv)                     may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  -------------  -------------------------------  ----------------------------  --------------------- 
       N/A              N/A                     N/A                             N/A                       N/A 
-----------------  -------------  -------------------------------  ----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/         Number of voting              % of voting 
 financial         price         date           Conversion         rights instrument             rights (xix, 
 instrument                      (xvii)         period             refers to                     xx) 
                                                (xviii) 
---------------  -------------  -------------  ----------------  ----------------------------  ----------------------- 
      N/A             N/A            N/A              N/A                     N/A               Nominal       Delta 
---------------  -------------  -------------  ----------------  ----------------------------  ------------  --------- 
                                                                                                N/A           N/A 
-------------      -----------    -----------      ------------    ----------  ------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 6,690,027                                          15.85% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
              WALFORD INVESTMENTS HOLDINGS LIMITED 
       (AN ENTITY OWNED BY FOUR TRUSTS ESTABLISHED FOR THE 
                  BENEFIT OF THE IVESHA FAMILY) 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy 
  holder: 
---------------------------------------  ---------------------- 
 11. Number of voting 
  rights proxy holder 
  will cease 
  to hold: 
---------------------------------------  ---------------------- 
 12. Date on which 
  proxy holder will 
  cease to hold 
  voting rights: 
---------------------------------------  ---------------------- 
 
 13. Additional information:              N/A 
---------------------------------------  ---------------------- 
 14. Contact name:                        INBAR ZILBERMAN 
---------------------------------------  ---------------------- 
 15. Contact telephone 
  number:                                 +44 207 034 1376 
---------------------------------------  ---------------------- 
 
 
 Note: Annex should only be submitted to the FCA not 
  the issuer 
 Annex: Notification of major interests in share 
 
 A: Identity of the persons or legal entity subject to 
  the notification obligation 
------------------------------------------------------------------------- 
 Full name                                WALFORD INVESTMENTS HOLDINGS 
  (including legal form of                           LIMITED 
  legal entities)                           (AN ENTITY OWNED BY FOUR 
                                           TRUSTS ESTABLISHED FOR THE 
                                         BENEFIT OF THE IVESHA FAMILY)) 
------------------------------------  ----------------------------------- 
 Contact address                            C/O CLERMONT CONSULTANTS 
  (registered office for legal                       (CH) SA 
  entities)                                   RUE DU RHÔNE 61 
                                            1204 GENEVA, SWITZERLAND 
------------------------------------  ----------------------------------- 
 Phone number & email                        T: +41 (0)22 718 78 10 
                                        Email: gabriela@clermonttrust.com 
------------------------------------  ----------------------------------- 
 Other useful information 
  (at least legal representative 
  for legal persons) 
------------------------------------  ----------------------------------- 
 
 B: Identity of the notifier, if applicable 
------------------------------------------------------------------------- 
 Full name                                            N/A 
------------------------------------  ----------------------------------- 
 Contact address                                      N/A 
------------------------------------  ----------------------------------- 
 Phone number & email                                 N/A 
------------------------------------  ----------------------------------- 
 Other useful information                             N/A 
  (e.g. functional relationship 
  with the person or legal 
  entity subject to the notification 
  obligation) 
------------------------------------  ----------------------------------- 
 
 C: Additional information 
------------------------------------------------------------------------- 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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