Grant of share options

RNS Number : 2766R

PPHE Hotel Group Limited

15 November 2012

 



15 November 2012

PPHE HOTEL GROUP LIMITED

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

Grant of share options

In accordance with the requirements of D.T.R.3.1.4, the Company announces that the following Executive Director/PDMR of the Company have today been granted options over a total of 696,000 ordinary shares of no par value each in the Company at an exercise price of 233.5 pence per share (being the closing mid-market price on 14 November 2012).

The options have been granted under the terms of Company's Executive Share Option Plan which was entered into effect on 11 July 2007. The Options will become exercisable in three equal tranches on each of the first, second and third anniversaries of the date of grant and shall expire after 10 years from the date of grant.

Following the above grant, the Company confirms that, as at the date of this announcement, each of the following Executive Director/PDMR hold the following total number of options and awards over ordinary shares of no par value each in the Company:

Director	No. of options granted over ordinary shares	Total no. of options held post grant
Chen Moravsky	210,000	305,000
PDMR	No. of options granted over ordinary shares	Total no. of options held post grant
Andrew Swindells	150,000	180,000
Guy Ivesha	150,000	150,000
Inbar Zilberman	51,000	51,000
Edwin Wijgergangs	45,000	51,000
Robert Henke	45,000	51,500
Jaklien van Sterkenburg	45,000	51,000

Enquiries:

PPHE Hotel Group Limited

  Boris Ivesha, President and Chief Executive Officer                                Tel: [phone]

  Chen Moravsky, Chief Financial Officer                                                 Tel: [phone]

 Hudson Sandler Financial Public Relations                                      Tel: [phone]

  Wendy Baker / George Parker

 

END

 

 

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