PPHE Hotel Group Limited Director/PDMR Shareholding (0748J)
24 June 2017 - 3:06AM
UK Regulatory
TIDMPPH
RNS Number : 0748J
PPHE Hotel Group Limited
23 June 2017
23 June 2017
PPHE Hotel Group Limited (the "Company")
PDMR Notifications
The Company announces that Daniel Coupe and Edwin Wijgergangs
(each a person discharging managerial responsibilities as defined
in the EU Market Abuse Regulation, or a "PDMR"), respectively sold
32,068 and 3,262 ordinary shares of no par value each in the
Company ("Shares") on 23 June 2017 at a price of 808 pence per
Share. Following such sales, the Company confirms that, as at the
date of this announcement, Daniel Coupe holds no Shares whilst
Edwin Wijgergangs holds 2,000 Shares.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide additional
detail:
1 Details of the person discharging managerial responsibilities/person closely associated
---- ----------------------------------------------------------------------------------------------------------------
a) Name Daniel Coupe
---- ------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------------------------
Daniel Coupe is the Corporate Director of Revenue -
a) Position/status Europe, Middle East & Africa of PPHE Hotel
Group Limited
---- ------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment This is an 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 2138003H1BZGR6KM5823
---- ------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of no par value
instrument
GG00B1Z5FH87/PPH
Identification code
---- ------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Sale of ordinary shares
---- ------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
GBP8.08 per share 32,068
------------------- ----------
---- ------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
- Aggregated volume
- Price
Total number of shares sold: 32,068
GBP259,109.44
---- ------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 23 June 2017
---- ------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London
---- ------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
---- ----------------------------------------------------------------------------------------------------------------
a) Name Edwin Wijgergangs
---- ------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------------------------
Edwin Wijgergangs is the Vice President Distribution
a) Position/status and Strategic Sales of PPHE Hotel Group
Limited
---- ------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment This is an 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 2138003H1BZGR6KM5823
---- ------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of no par value
instrument
GG00B1Z5FH87/PPH
Identification code
---- ------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Sale of ordinary shares
---- ------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
GBP8.08 per share 3,262
------------------- ----------
---- ------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
- Aggregated volume
- Price
Total number of shares sold: 3,262
GBP26,356.96
---- ------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 23 June 2017
---- ------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London
---- ------------------------------------------------------- -------------------------------------------------------
Enquiries:
PPHE Hotel Group Limited
Chen Moravsky, Deputy Chief
Executive Officer and Chief Tel: +44 (0)20 7034
Financial Officer 4800
Hudson Sandler Financial Public
Relations
Tel: +44 (0)20 7796
Wendy Baker / Jocelyn Spottiswoode 4133
Notes to editors
The Company is a Guernsey registered company and through its
subsidiaries, jointly controlled entities and associates, owns,
leases, operates, franchises and develops full-service upscale,
upper upscale and lifestyle hotels in major gateway cities,
regional centres and select resort destinations, predominantly in
Europe.
The majority of the group's hotels operate under the Park
Plaza(R) Hotels & Resorts or art'otel(R) brands. The Group has
an exclusive licence from Carlson Hotels Worldwide Inc., one of the
world's largest hotel groups, to develop and operate Park Plaza(R)
Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel(R) brand is wholly owned by the group.
The group has a controlling ownership interest (51.97% of the
share capital) in Arena Hospitality Group, one of Croatia's
best-known hospitality groups.
The group's portfolio of owned, leased, managed and franchised
hotels comprises 39 hotels offering a total of approximately 9,000
rooms. The group's development pipeline includes two new hotels
which are expected to add an additional 500 rooms by the end of
2019.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS
The company news service from the London Stock Exchange
END
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