Business
PDMR Shareholding
PDMR Shareholding.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n \nRNS Number : 4802S PPHE Hotel Group Limited 02 October 2017 \n\n2 October 2017\n \n \nPPHE Hotel Group Limited (the \"Company\")\n \nPDMR Notification\n \nThe Company announces that Roni Hirsch (a person discharging managerial responsibility as defined in the EU Market Abuse Regulation, or a \"PDMR\"), sold 5,000 ordinary shares of no par value each in the Company on 27 September 2017 at a price of 1075 pence per share.\nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail:\n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n \n\n\nRoni Hirsch\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\n\na)\n\n\n\nPosition/status\n \n\n\nChief Executive Officer of Red Sea Group (Red Sea Group is a controlling shareholder of PPHE Hotel Group Limited)\n\n\n\n\nb)\n\n\nInitial notification/Amendment \n\n\nThis is an initial notification.\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nPPHE Hotel Group Limited\n\n\n\n\nb)\n\n\nLEI\n\n\n2138003H1BZGR6KM5823\n\n\n\n\n4\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument\n \nIdentification code\n\n\nOrdinary shares of no par value\n \nGG00B1Z5FH87/PPH\n\n\n\n\nb)\n\n\nNature of the transaction\n \n\n\nSale of ordinary shares\n\n\n\n\nc)\n\n\nPrice(s) and volume(s)\n \n\n\n\n\n\n\nPrice(s)\n\n\nVolume(s)\n\n\n\n\n£10.75 per share\n\n\n5,000\n\n\n\n\n\n\n\n\n\nd)\n\n\nAggregated information\n- Aggregated volume\n- Price \n\n\n \n \n \nTotal number of shares sold: 5,000\n \n£53,750\n\n\n\n\ne)\n\n\nDate of the transaction \n\n\n27 September 2017\n\n\n\n\nf)\n\n\nPlace of the transaction \n\n\nLondon \n\n\n\n\n \nEnquiries:\n \n\n\n\n\nPPHE Hotel Group Limited\n \n\n\n\n\nChen Moravsky, Deputy Chief Executive Officer\nand Chief Financial Officer\n\n\nTel: +44 (0)20 7034 4800\n\n\n\n\nHudson Sand...