Transaction in own securities

RNS Number : 6242Q

PPHE Hotel Group Limited

22 February 2023

 

22 February 2023

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:	21 February 2023
Number of ordinary shares purchased:	5,961
Highest price paid per share:	1,055.00p
Lowest price paid per share:	1,015.00p
Volume weighted average price paid per share:	1,030.46p

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 2,005,140 of its ordinary shares in treasury and has 42,342,270 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
21/02/2023	10:52:49	1269	1015	XLON	00339904432TRLO1.1.1
21/02/2023	10:23:31	18	1020	BATE	00339898711TRLO1.1.1
21/02/2023	10:23:31	2	1020	BATE	00339898710TRLO1.1.1
21/02/2023	10:23:29	745	1020	XLON	00339898706TRLO1.1.1
21/02/2023	10:20:07	12	1030	XLON	00339898235TRLO1.1.1
21/02/2023	10:16:06	1	1030	AQXE	00339897548TRLO1.1.1
21/02/2023	10:15:53	12	1030	XLON	00339897489TRLO1.1.1
21/02/2023	10:07:24	1	1030	CHIX	00339895783TRLO1.1.1
21/02/2023	10:05:42	12	1030	XLON	00339895553TRLO1.1.1
21/02/2023	10:02:58	1	1030	AQXE	00339895145TRLO1.1.1
21/02/2023	09:58:05	11	1030	XLON	00339894536TRLO1.1.1
21/02/2023	09:51:41	13	1030	XLON	00339893406TRLO1.1.1
21/02/2023	09:49:23	1	1030	AQXE	00339892965TRLO1.1.1
21/02/2023	09:43:00	12	1030	XLON	00339891868TRLO1.1.1
21/02/2023	09:35:20	255	1025	XLON	00339889907TRLO1.1.1
21/02/2023	09:34:04	22	1025	XLON	00339889706TRLO1.1.1
21/02/2023	09:21:54	500	1030	XLON	00339887757TRLO1.2.1
21/02/2023	09:20:59	24	1030	XLON	00339887625TRLO1.1.1
21/02/2023	09:20:25	4	1030	AQXE	00339887531TRLO1.1.1
21/02/2023	09:20:25	1	1030	AQXE	00339887530TRLO1.1.1
21/02/2023	09:14:58	25	1040	XLON	00339886596TRLO1.1.1
21/02/2023	09:07:36	25	1040	XLON	00339885378TRLO1.1.1
21/02/2023	09:00:24	21	1040	XLON	00339884125TRLO1.1.1
21/02/2023	08:52:50	25	1040	XLON	00339882541TRLO1.1.1
21/02/2023	08:45:09	749	1040	XLON	00339880611TRLO1.2.1
21/02/2023	08:44:40	23	1040	XLON	00339880527TRLO1.1.1
21/02/2023	08:39:06	28	1040	XLON	00339879134TRLO1.1.1
21/02/2023	08:32:56	28	1040	XLON	00339876590TRLO1.1.1
21/02/2023	08:28:04	31	1040	XLON	00339875359TRLO1.1.1
21/02/2023	08:19:31	25	1040	XLON	00339873178TRLO1.1.1
21/02/2023	08:15:05	2000	1040	XLON	00339871759TRLO1.1.1
21/02/2023	08:13:26	1	1040	AQXE	00339871423TRLO1.1.1
21/02/2023	08:12:43	31	1040	XLON	00339871218TRLO1.1.1
21/02/2023	08:11:22	1	1055	AQXE	00339870977TRLO1.1.1
21/02/2023	08:11:22	1	1055	AQXE	00339870976TRLO1.1.1
21/02/2023	08:08:08	31	1050	XLON	00339869876TRLO1.1.1

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
Wendy Baker
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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