Transaction in Own Shares

RNS Number : 7642R

PPHE Hotel Group Limited

08 July 2022

 

08 July 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:	07 July 2022
Number of ordinary shares purchased:	1,372
Highest price paid per share:	1,495.00p
Lowest price paid per share:	1,490.00p
Volume weighted average price paid per share:	1,490.57p

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 1,801,755 of its ordinary shares in treasury and has  42,545,655 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
07/07/2022	16:29:40	25	1490	AQXE	00308684194TRLO1.1.1
07/07/2022	16:29:19	4	1490	AQXE	00308684030TRLO1.1.1
07/07/2022	16:25:08	8	1490	BATP	00308681955TRLO1.1.1
07/07/2022	16:23:40	29	1490	BATP	00308681278TRLO1.1.1
07/07/2022	16:23:28	5	1490	BATP	00308681063TRLO1.1.1
07/07/2022	16:21:54	29	1490	BATP	00308680318TRLO1.1.1
07/07/2022	16:19:55	33	1490	BATP	00308679227TRLO1.1.1
07/07/2022	16:18:01	33	1490	BATP	00308678415TRLO1.1.1
07/07/2022	16:16:02	33	1490	BATP	00308677428TRLO1.1.1
07/07/2022	16:14:05	33	1490	BATP	00308676468TRLO1.1.1
07/07/2022	16:12:06	33	1490	BATP	00308675547TRLO1.1.1
07/07/2022	16:07:55	34	1490	BATP	00308673374TRLO1.1.1
07/07/2022	16:07:09	34	1490	BATP	00308672981TRLO1.1.1
07/07/2022	16:05:31	34	1490	BATP	00308672031TRLO1.1.1
07/07/2022	16:04:35	32	1490	BATP	00308671621TRLO1.1.1
07/07/2022	16:02:41	32	1490	BATP	00308670836TRLO1.1.1
07/07/2022	15:59:36	31	1490	BATP	00308669356TRLO1.1.1
07/07/2022	15:57:26	31	1490	BATP	00308668205TRLO1.1.1
07/07/2022	15:55:30	31	1490	BATP	00308667288TRLO1.1.1
07/07/2022	15:53:44	28	1490	BATP	00308666357TRLO1.1.1
07/07/2022	15:51:42	28	1490	BATP	00308664982TRLO1.1.1
07/07/2022	15:49:21	32	1490	BATP	00308663491TRLO1.1.1
07/07/2022	15:47:01	32	1490	BATP	00308661965TRLO1.1.1
07/07/2022	15:44:48	32	1490	BATP	00308660683TRLO1.1.1
07/07/2022	15:42:27	32	1490	BATP	00308659465TRLO1.1.1
07/07/2022	15:40:18	32	1490	BATP	00308658266TRLO1.1.1
07/07/2022	15:38:50	30	1490	BATP	00308657592TRLO1.1.1
07/07/2022	15:34:16	34	1490	BATP	00308655549TRLO1.1.1
07/07/2022	15:31:58	34	1490	BATP	00308654465TRLO1.1.1
07/07/2022	15:30:09	34	1490	BATP	00308653516TRLO1.1.1
07/07/2022	15:29:52	28	1490	BATP	00308653302TRLO1.1.1
07/07/2022	15:24:48	35	1490	BATP	00308650825TRLO1.1.1
07/07/2022	15:22:23	35	1490	BATP	00308649677TRLO1.1.1
07/07/2022	15:20:24	35	1490	BATP	00308648417TRLO1.1.1
07/07/2022	15:19:58	70	1490	BATP	00308648166TRLO1.1.1
07/07/2022	10:13:08	30	1495	XLON	00308594061TRLO1.1.1
07/07/2022	09:58:46	30	1495	XLON	00308591979TRLO1.1.1
07/07/2022	09:46:13	34	1495	XLON	00308590593TRLO1.1.1
07/07/2022	09:31:07	35	1495	XLON	00308588238TRLO1.1.1
07/07/2022	09:10:53	28	1495	XLON	00308584416TRLO1.1.1
07/07/2022	09:07:55	140	1490	XLON	00308583473TRLO1.1.1

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
Nick Moore	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.artotels.com www.arenahotels.com   www.arenacampsites.com

 

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