Directors' Dealings

RNS Number : 1981M

Peel Hotels PLC

23 January 2009

 

Peel Hotels PLC

23 January 2009

PEEL HOTELS PLC (the 'Company')

Directors' Dealings

The Company announces that it was notified on 23 January 2009 by its Executive Chairman, Robert Peel, that on 24 September 2007, 234,449 ordinary shares in the capital of Peel Hotels plc were pledged as security against a bank loan made to Mr Peel.

Mr Peel has confirmed to the Company that he is not in default in respect of the bank loan for which the security was granted, and that he has no current intention to sell any of his shares in the Company.

Mr Peel's shareholding in the Company remains unchanged and totals 5,496,900 ordinary shares (representing approximately 39.2% of the Company's issued share capital): of which total shareholding 234,449 ordinary shares are secured as explained above.

Peel Hotels plc                                020 7286 6823

Robert Peel, Chairman                        

Nominated Adviser and Broker

KBC Peel Hunt Ltd                         020 7418 8900

Nicholas Marren

David Davies

 

END

 

 

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