Transaction in own securities

RNS Number : 5105Y

PPHE Hotel Group Limited

07 September 2022

 

07 September 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:	06 September 2022
Number of ordinary shares purchased:	874
Highest price paid per share:	1,420.00p
Lowest price paid per share:	1,400.00p
Volume weighted average price paid per share:	1,406.63p

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 1,853,009 of its ordinary shares in treasury and has 42,494,401 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
06/09/2022	15:06:36	12	1400	XLON	00316289279TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289277TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289278TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289275TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289276TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289274TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289272TRLO1.1.1
06/09/2022	15:06:36	13	1400	XLON	00316289273TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289271TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289270TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289268TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289269TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289265TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289266TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289267TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289264TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289263TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289262TRLO1.1.1
06/09/2022	15:06:36	13	1400	XLON	00316289261TRLO1.1.1
06/09/2022	15:06:36	14	1400	XLON	00316289260TRLO1.1.1
06/09/2022	15:06:36	13	1400	XLON	00316289259TRLO1.1.1
06/09/2022	15:06:36	14	1400	XLON	00316289258TRLO1.1.1
06/09/2022	15:06:36	13	1400	XLON	00316289229TRLO1.1.1
06/09/2022	15:06:36	14	1400	XLON	00316289228TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289227TRLO1.1.1
06/09/2022	15:06:36	12	1400	XLON	00316289226TRLO1.1.1
06/09/2022	13:03:53	108	1405	XLON	00316224867TRLO1.1.1
06/09/2022	13:02:24	22	1410	XLON	00316224625TRLO1.1.1
06/09/2022	12:50:33	14	1410	XLON	00316222345TRLO1.1.1
06/09/2022	12:40:58	12	1410	XLON	00316220034TRLO1.1.1
06/09/2022	12:37:40	12	1410	XLON	00316219424TRLO1.1.1
06/09/2022	12:26:55	22	1410	XLON	00316217456TRLO1.1.1
06/09/2022	12:17:21	14	1410	XLON	00316215380TRLO1.1.1
06/09/2022	12:05:27	20	1410	XLON	00316213209TRLO1.1.1
06/09/2022	12:00:50	14	1410	XLON	00316212284TRLO1.1.1
06/09/2022	11:52:09	14	1410	XLON	00316210289TRLO1.1.1
06/09/2022	11:35:45	20	1410	XLON	00316207670TRLO1.1.1
06/09/2022	11:25:44	14	1410	XLON	00316205677TRLO1.1.1
06/09/2022	11:16:49	13	1410	XLON	00316204089TRLO1.1.1
06/09/2022	11:09:03	13	1410	XLON	00316202902TRLO1.1.1
06/09/2022	10:59:43	13	1410	XLON	00316201577TRLO1.1.1
06/09/2022	10:54:07	13	1410	XLON	00316200605TRLO1.1.1
06/09/2022	10:46:47	12	1410	XLON	00316199179TRLO1.1.1
06/09/2022	10:40:02	12	1410	XLON	00316197614TRLO1.1.1
06/09/2022	10:36:44	12	1410	XLON	00316197233TRLO1.1.1
06/09/2022	10:26:04	22	1410	XLON	00316195378TRLO1.1.1
06/09/2022	10:14:12	12	1410	XLON	00316193388TRLO1.1.1
06/09/2022	10:11:27	12	1410	XLON	00316192933TRLO1.1.1
06/09/2022	10:00:52	19	1410	XLON	00316190627TRLO1.1.1
06/09/2022	09:50:27	13	1415	XLON	00316188602TRLO1.1.1
06/09/2022	09:46:10	13	1415	XLON	00316187650TRLO1.1.1
06/09/2022	09:36:41	15	1415	XLON	00316185875TRLO1.1.1
06/09/2022	09:28:54	22	1415	XLON	00316184358TRLO1.1.1
06/09/2022	09:22:34	14	1420	XLON	00316182814TRLO1.1.1
06/09/2022	09:10:56	12	1420	XLON	00316179246TRLO1.1.1
06/09/2022	09:04:12	12	1420	XLON	00316177257TRLO1.1.1
06/09/2022	09:03:07	12	1420	XLON	00316177024TRLO1.1.1

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

 

END

 

 

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