Business
Transfer to a Premium Listing
Transfer to a Premium Listing.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n \nRNS Number : 0836W PPHE Hotel Group Limited 30 July 2018 \n\n \nPPHE Hotel Group Limited\n(the \"Company\")\n \nTransfer to a Premium Listing\nPPHE 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, is pleased to announce the approval by the UK Listing Authority (the \"UKLA\") of the transfer of the listing category of all of its ordinary shares of nil par value from a standard listing (shares) to a premium listing (commercial company) on the Official List of the UKLA in accordance with Listing Rule 5.4A of the Listing Rules issued by the Financial Conduct Authority (the \"Transfer\"). The Transfer will take effect at 8.00 a.m. today.\nfinnCap Ltd acted as sponsor to the Company.\n \nEnquiries:\n\n\n\n\nPPHE Hotel Group Limited \n\n\n \n\n\n\n\nRobert Henke, Executive Vice President of Corporate Affairs \nand Customer Experience \nLisa Woodman, Director of Corporate Communications\n\n\n \nTel: +31 20 717 8600\n \nTel: +44 (0)20 7034 4800\n\n\n\n\nfinnCap Ltd (Sponsor, Financial Adviser and Joint Broker)\n\n\n \n\n\n\n\nMatt Goode / Emily Watts (Corporate Finance)\nAndrew Burdis (Corporate Broking) \n\n\nTel: + (0)20 7220 0500\n\n\n\n\nBerenberg (Joint Broker)\n\n\n \n\n\n\n\nBen Wright / Mark Whitmore / James Brooks \n\n\nTel: +(0)20 3207 7800\n\n\n\n\nHudson Sandler Financial Public Relations\n\n\n \n\n\n\n\nWendy Baker/ Sophie Lister\n\n\nTel: +44 (0)20 7796 4133\n\n\n\n\n \nNotes to editors\nPPHE Hotel Group Limited 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. \nThe 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.\nThe art'otel® brand is wholly owned by the Group.\n \nThe Group has a controlling ownership interest (51.97% of...