Transaction in own securities

RNS Number : 3882K

PPHE Hotel Group Limited

21 December 2022

 

21 December 2022

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

Transactions in own securities

PPHE announces today that it has purchased the following number of its ordinary shares on the London Stock Exchange through Jefferies International Limited ("the Broker"). The repurchased shares will be held in treasury.

Ordinary Shares

Date of purchase:	20 December 2022
Number of ordinary shares purchased:	1,046
Highest price paid per share:	1,180.00p
Lowest price paid per share:	1,175.00p
Volume weighted average price paid per share:	1,179.65p

Such purchase forms part of the Company's existing share buy-back programme and was effected pursuant to the instructions issued to the Broker by  the Company on 29 June 2022, as announced on that date.

Following the purchase of these shares, PPHE holds 1,903,855 of its ordinary shares in treasury and has 42,443,555 ordinary shares in issue (excluding treasury shares).   

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buy-back programme is detailed below:

Transaction Date	Transaction Time	Volume	Price (GBp)	Platform	Transaction Reference Number
20/12/2022	15:55:03	729	1180	XLON	00332159433TRLO1.2.1
20/12/2022	15:54:38	4	1180	XLON	00332159057TRLO1.1.1
20/12/2022	15:54:33	192	1180	XLON	00332159005TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143658TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143656TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143657TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143655TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143654TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143652TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143653TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143651TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143650TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143648TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143649TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143646TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143647TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143645TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143644TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143643TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143642TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143641TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143640TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143639TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143638TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143637TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143635TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143636TRLO1.1.1
20/12/2022	15:27:01	1	1175	CHIX	00332143634TRLO1.1.1
20/12/2022	15:27:01	1	1175	AQXE	00332143633TRLO1.1.1
20/12/2022	15:27:01	11	1175	AQXE	00332143632TRLO1.1.1
20/12/2022	10:19:53	4	1175	XLON	00332007893TRLO1.1.1
20/12/2022	10:13:38	4	1175	XLON	00332006357TRLO1.1.1
20/12/2022	10:07:15	4	1175	XLON	00332005251TRLO1.1.1
20/12/2022	10:00:58	4	1175	XLON	00332003842TRLO1.1.1
20/12/2022	09:54:21	4	1175	XLON	00332002595TRLO1.1.1
20/12/2022	09:47:57	4	1175	XLON	00332001270TRLO1.1.1
20/12/2022	09:41:50	4	1175	XLON	00331999791TRLO1.1.1
20/12/2022	09:39:24	4	1175	XLON	00331999437TRLO1.1.1
20/12/2022	09:37:12	5	1175	XLON	00331998895TRLO1.1.1
20/12/2022	09:34:08	4	1180	XLON	00331998327TRLO1.1.1
20/12/2022	09:27:46	4	1180	XLON	00331997035TRLO1.1.1
20/12/2022	09:21:44	4	1180	XLON	00331996056TRLO1.1.1
20/12/2022	09:15:57	4	1180	XLON	00331995129TRLO1.1.1
20/12/2022	09:09:48	4	1180	XLON	00331993817TRLO1.1.1
20/12/2022	09:04:20	4	1180	XLON	00331992474TRLO1.1.1
20/12/2022	08:58:43	4	1180	XLON	00331991279TRLO1.1.1
20/12/2022	08:52:30	4	1180	XLON	00331989783TRLO1.1.1
20/12/2022	08:46:45	4	1180	XLON	00331988352TRLO1.1.1
20/12/2022	08:37:09	8	1180	XLON	00331986162TRLO1.1.1
20/12/2022	08:37:09	3	1180	XLON	00331986161TRLO1.1.1

Enquiries

PPHE Hotel Group Limited Media Contacts
Daniel Kos, Chief Financial Officer & Executive Director
Robert Henke, Executive Vice President Commercial Affairs	Tel: [phone]
Hudson Sandler
Lucy Wollam
Charlotte Cobb
Ben Wilson	Tel: [phone] [e-mail]

Notes to Editors

PPHE Hotel Group is an international hospitality real estate company, with a 1.8 billion portfolio, valued as at December 2021 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 portfolio includes 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. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.

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® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.

Company websites	For reservations
www.pphe.com www.arenahospitalitygroup.com	www.parkplaza.com www.artotel.com www.arenahotels.com   www.arenacampsites.com

 

END

 

 

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