Director/PDMR Shareholding

Peel Hotels PLC
31 October 2007


 

Peel Hotels PLC

31 October 2007

 

 

                                PEEL HOTELS PLC                                 

                                                                                

                   Directors' Dealings - Exercise of Options                    

                                                                                

The Company announces that its Chief Operating Officer, Norbert Petersen,
yesterday exercised options to subscribe for an aggregate of 100,000 new
ordinary shares in the capital of Peel Hotels plc.

 

The Options had been granted by the Company to Mr Petersen in October 1998 and
were options over 100,000 shares at 116.5 pence per share. Following exercise of
these options Mr Petersen owns a total of 141,830 shares representing 1.01% of
the Company's issued share capital.

 

Application has been made for the 100,000 new ordinary shares issued in
connection with the exercise of share options to be admitted to AIM. It is
expected that admission will take place on 6th November 2007.

 

The new ordinary shares will rank pari passu in all respects with the existing
ordinary shares

 Peel Hotels plc
Robert Peel, Chairman, - 020 7286 6823

Nominated Adviser
KBC Peel Hunt Ltd - David Davies, - 020 7418 8900

 

 



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