PPHE Hotel Group Limited has announced that its President and Chief Executive Officer, Boris Ivesha, has purchased 4,636,974 ordinary shares in the company at GBP 11.40 per share from Walford Investment Holdings Limited, a person closely associated with Ivesha. The transaction does not change the net number of shares in the company that Ivesha is deemed to be interested in. The notification is in accordance with the requirements of the EU Market Abuse Regulation. The transaction took place on 22 December 2023 in London, UK. PPHE Hotel Group is an international hospitality company that owns and develops hotels and resorts, operating the Park Plaza brand in EMEA and owning the art'otel brand.