PPHE HOTEL GROUP LIMITED PPHE Hotel Group Limited
(the 'Company')
Grant of Share Options
PPHE Hotel Group Limited, an international hospitality company which owns and develops hotels and resorts, operates the Park Plaza®brand in EMEA and owns the art'otel®brand, today announces that the following members of the senior management of the Company were granted options over the number of ordinary shares of no par value in the Company as set out in the table below at an exercise price of 1430penceper share (being the closing mid-market price on 28June 2018) (the 'Option Price').Name | Position | Number of ordinary shares in the Company |
Daniel Kos | Chief Financial Officer & Executive Director | 25,000 |
Greg Hegarty | Executive Vice President UK & Chief Commercial Officer | 25,000 |
Inbar Zilberman | General Counsel | 53,000 |
Robert Henke | Executive Vice President Corporate Affairs & Customer Experience | 25,000 |
Jaklien van Sterkenburg | Executive Vice President People & Culture | 25,000 |
Daniel Pedreschi | Regional General Manager UK | 25,000 |
Nieske van Klinken | Regional General Manager the Netherlands | 25,000 |
A further option over 12,500 of the ordinary shares of no par value of the Company has been granted to an employee of the Company at the Option Price which together with the options noted above shall collectively be referred to herein as the 'Options'.
The Options have been granted under the terms of the Company's Executive Share Option Plan (the 'Plan'). The Options will become exercisable in three equal tranches on each of the first, second and third anniversaries of the date of grant, subject to the rules of the Plan.
Therefore, following the grant of the Options, the total number of options over ordinary shares outstanding is 522,500representing approximately 1.23% of the Company's issued share capital(excluding shares held in treasury).The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Daniel Kos | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Financial Officer & Executive Director | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Greg Hegarty | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Executive Vice President UK & Chief Commercial Officer | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Inbar Zilberman | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | General Counsel | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Robert Henke | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Executive Vice President Corporate Affairs & Customer Experience | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Daniel Pedreschi | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Regional General Manager UK | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Jaklien van Sterkenburg | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Executive Vice President People & Culture | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29 June 2018 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Nieske van Klinken | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Regional General Manager the Netherlands | ||||||
b) | Initial notification/Amendment | This is an initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | PPHE Hotel Group Limited | ||||||
b) | LEI | n/a | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options GG00B1Z5FH87/PPH | ||||||
b) | Nature of the transaction | Grant of Share Options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 29June 2018 | ||||||
f) | Place of the transaction | London | ||||||
Enquiries:
PPHE Hotel Group Limited | |
Robert Henke, Executive Vice President of Corporate Affairs and Customer Experience Lisa Woodman, Director of Corporate Communications | Tel: +31 (0)20 717 8600 Tel: +44 (0)20 7034 4800 |
Hudson Sandler | |
Wendy Baker/Sophie Lister |
Tel: +44 (0)20 7796 4133 |
Notes to editors
The Company is a Guernsey registered company and through its subsidiaries (the Group), jointly controlled entities and associates, owns, leases, operates, franchises and develops full-service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.
The majority of the Group's hotels operate under the Park Plaza® or art'otel® brands. The Group has an exclusive licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel® brand is wholly owned by the Group.
The Group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.
The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels in operation offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels in London which are expected to add an additional 500 rooms by the end of 2022.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visitwww.vfmii.com/parkplaza
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Disclaimer
PPHE Hotel Group Limited published this content on 29 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 June 2018 11:28:03 UTC
