• 27 Feb 25
 

PPHE Hotel Grp Ltd - Grant and exercise of EVP Annual Bonus Plan

PPHE Hotel Group Limited | PPH | 1,755 2.0 0.1% | Mkt Cap: 734.6m


 
RNS Number : 7904Y
PPHE Hotel Group Limited
27 February 2025
 

27 February 2025

 

 

PPHE Hotel Group Limited

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

 

Grant and exercise of EVP Annual Bonus Plan awards and exercise of performance share award nil-cost options

 

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, today announces that members of its senior management team: Greg Hegarty, Daniel Kos and Inbar Zilberman (each being a person discharging managerial responsibilities as defined in the EU Market Abuse Regulation, or a "PDMR"), have been granted nil-cost options over a number of ordinary shares in the Company as set out in the table below:

 

Name

Position

Number of ordinary shares in the Company

Greg Hegarty

Co Chief Executive Officer

12,000

Daniel Kos

Chief Financial Officer

12,000

Inbar Zilberman

Chief Corporate & Legal Officer

12,000

 

Daniel Kos and Inbar Zilberman have exercised their option awards immediately. The awards were granted under the PPHE Executive Incentive Plan 2020 in settlement of annual bonus entitlements under the Company's EVP Annual Bonus Plan.

 

Daniel Kos and Inbar Zilberman have also exercised nil-cost options granted under the PPHE Executive Incentive Plan 2020 over 22,000 ordinary shares each.

 

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

Greg Hegarty

2

Reason for the notification

a)

Position/status

Co Chief Executive Officer

b)

Initial notification/Amendment

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

2138003H1BZGR6KM5823

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

Ordinary shares of no par value

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Grant of share option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

12,000

d)

Aggregated information

See above

e)

Date of the transaction

2025-02-27

f)

Place of the transaction

London

 

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

b)

Initial notification/Amendment

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

2138003H1BZGR6KM5823

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

Ordinary shares of no par value

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Grant and exercise of share option

Exercise of share option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

12,000

Nil

22,000

d)

Aggregated information

See above

e)

Date of the transaction

2025-02-27

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

Chief Corporate and Legal Officer

b)

Initial notification/Amendment

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

2138003H1BZGR6KM5823

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

Ordinary shares of no par value

GG00B1Z5FH87/PPH

b)

Nature of the transaction

Grant and exercise of share option

Exercise of share option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

12,000

Nil

22,000

d)

Aggregated information

See above

e)

Date of the transaction

2025-02-27

f)

Place of the transaction

London

 

 

Enquiries:

 

PPHE Hotel Group Limited

Daniel Kos, Chief Financial Officer & Executive Director

Tel: +31 (0)20 717 8600

h2Radnor

Iain Daly / Joshua Cryer

 

Tel: +44 (0) 203 897 1830

Hudson Sandler

Wendy Baker / India Laidlaw

Tel: +44 (0)20 7796 4133
 Email: pphe@hudsonsandler.com

 

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 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 franchises1 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.

 

PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group ('AHG'), whose shares are listed on the Prime market of the Zagreb Stock Exchange.

 

Company websites: www.pphe.com | www.arenahospitalitygroup.com

 

For reservations:

www.parkplaza.com | www.artotel.com | www.radissonhotels.com | www.arenahotels.com | www.arenacampsites.com

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