PPHE Hotel Group Limited Result of Extraordinary General Meeting (4845G)
18 March 2020 - 1:06AM
UK Regulatory
TIDMPPH
RNS Number : 4845G
PPHE Hotel Group Limited
17 March 2020
17 March 2020
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Company")
Result of Extraordinary General Meeting
PPHE Hotel Group confirms that, at the Company's Extraordinary
General Meeting, held at 12 noon on 17 March 2020, the ordinary
resolution to approve the Related Party Transaction in relation to
the main works for the design and build of the new art'otel london
hoxton was duly passed by independent shareholders. The vote was
carried out by means of a poll.
The full text of the ordinary resolution was included in the
Company's Notice of Extraordinary General Meeting dated 27 February
2020 and made available on the Company's website www.pphe.com . The
following table shows the results of the votes cast.
Total votes cast For For Against Number Against Percentage Withheld Number
Number Percentage
8,603,241 8,461,564 98.37 140,077 1.63 1,600
---------- ------------ --------------- ------------------- ----------------
NB: Percentage of votes cast excludes withheld votes.
The Board is pleased with the support from independent
shareholders.
In accordance with the Listing Rules, copies of the circular
containing the notice of Extraordinary General Meeting and the
ordinary resolution passed at the Extraordinary General Meeting
have been forwarded to the UK Listing Authority and will both
shortly be available for inspection at the following location:
www.morningstar.co.uk/uk/NSM .
Enquiries:
PPHE Hotel Group Limited
Daniel Kos
Chief Financial Officer & Executive Director
Robert Henke
Executive Vice President of Commercial
Affairs Tel: +31 (0)20 717 8600
Hudson Sandler
Tel: +44 (0)20 7796 4133
Wendy Baker / Lucy Wollam Email: pphe@hudsonsandler.com
Notes to Editors
PPHE Hotel Group is an international hospitality real estate
company, with a GBP1.7 billion portfolio, valued as at summer of
2019 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(R) branded hotels
and resorts in Europe, the Middle East and Africa. In addition,
PPHE Hotel Group wholly owns, and operates under, the art'otel(R)
brand and its Croatian subsidiary owns, and operates under, the
Arena Hotels & Apartments(R) and Arena Campsites(R) brands.
PPHE Hotel Group is one of the largest owner/operators of hotels
in central London and its property portfolio comprises of 37 hotels
and resorts in operation, offering a total of approximately 8,800
rooms and eight campsites, offering approximately 6,000 units. PPHE
Hotel Group's development pipeline include new hotels in London,
New York City, Belgrade and Zagreb which are expected to add more
than 800 rooms to the portfolio by the end of 2023.
PPHE Hotel Group is a Guernsey registered company with shares
listed on the London Stock Exchange and a constituent of the FTSE
250. 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.
Company websites
www.pphe.com
www.arenahospitalitygroup.com
For reservations
www.parkplaza.com
www.artotels.com
www.arenahotels.com
www.arenacampsites.com
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Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
ROMGZGMFDNFGGZM
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