Result of Annual General Meeting

RNS Number : 7482K

PPHE Hotel Group Limited

20 April 2015

 

PPHE Hotel Group Limited

("PPHE Hotel Group" or the "Company")

Results of Annual General Meeting

PPHE Hotel Group confirms that at the Company's Annual General Meeting held at 12 noon today, Monday 20 April 2015, all of the resolutions were passed.

The final dividend of 10.0 pence per share will be paid on 21 April 2015 to all shareholders who were on the register on 20 March 2015.

The full text of each resolution was included in the Notice of the Annual General Meeting of PPHE Hotel Group posted to shareholders on 3 March 2015 and made available on the Company's website www.pphe.com.

In accordance with the Listing Rules a copy of each of the resolutions passed at the Annual General Meeting has been forwarded to the UK Listing Authority and will shortly be available for inspection at the following location: www.hemscott.com/nsm.do.

Enquiries:

PPHE Hotel Group Limited

Chen Moravsky, Deputy Chief Executive Officer and Chief Financial Officer  Tel: [phone]

Hudson Sandler Financial Public Relations

Wendy Baker / Katie Matthews                                                                        Tel: [phone]

Notes to Editors

PPHE Hotel Group Limited is a Guernsey registered company and through its subsidiaries, jointly controlled entities and associates, owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe. The majority of the group's hotels operate under two distinct brands, Park Plaza^® Hotels & Resorts and art'otel^®. The Company has an exclusive licence from Carlson^SM, a global privately held hospitality and travel company, to develop and operate Park Plaza^® Hotels & Resorts in Europe, the Middle East and Africa.  The art'otel^® brand is fully owned by the group. The group has a minority ownership interest in the Arenaturist group, one of Croatia's leading hospitality companies.  Our portfolio of owned, leased, managed and franchised hotels comprises 38 hotels in operation offering a total of more than 8,300 rooms.  Our development pipeline includes four new hotel projects, one hotel extension and reconfiguration and two rebranding projects. These developments are expected to add over 1,000 rooms to our portfolio by the end of 2016 and an additional 352 rooms by the end of 2019.

Our Hotel Brands:	Our Company:
www.parkplaza.com	www.pphe.com
www.artotels.com
www.arenaturist.com

 

END

 

 

RAGIMMITMBITBIA