Snoozebox Holdings plc

SNOOZEBOX TO DELIVER WORKFORCE HOTEL FOR PREMIER OIL

Snoozebox Holdings plc (Snoozebox, AIM: ZZZ), the leading provider of portable hotel accommodation and services, today announces that it has signed a contract with Premier Oil to deploy and operate a temporary 80 bedroom workforce hotel. 

Premier Oil plc is a leading FTSE 250 independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan and the Falkland Islands.

Snoozebox has been contracted to provide a workforce hotel solution for one year period and the hotel will open on 1 February 2015. The Snoozebox hotel will offer dining, social spaces and other facilities including a gym.  The deployment will be made from its existing room stock.

Commenting on the announcement, Lorcan Ó Murchú, Chief Executive of Snoozebox, said, "I am pleased to be partnering with Premier Oil to deliver a fully serviced turnkey hotel, ensuring their workforce are accommodated and catered for effectively.  We are seeing increasing demand from the energy and construction sectors for our complete hotel solution and our higher quality accommodation".

21 November 2014

Enquiries:

Snoozebox

Today via Instinctif Partners

Lorcán Ó Murchú, Chief Executive   

020 7457 2020



Panmure Gordon

020 7886 2500

Corporate Finance:


Fred Walsh

Duncan Monteith




Corporate Broking:


Charles Leigh-Pemberton




Instinctif Partners

020 7457 2020

Matthew Smallwood


Guy Scarborough



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