PPHE Hotel Group Limited has received a notification of major holdings from Aroundtown SA, a Luxembourg-based company. The notification, dated 15th March 2024, indicates that Aroundtown SA now holds 7.77% of the voting rights in PPHE Hotel Group Limited, representing 3,270,345 voting rights. This is a decrease from the previous notification, where Aroundtown SA held 10% of the voting rights.
The notification also details the full chain of controlled undertakings through which the voting rights are effectively held, starting with Aroundtown SA as the ultimate controlling person. The notification does not include information about proxy voting or additional details.
This notification is in accordance with the TR-1 standard form for the notification of major holdings and provides transparency about significant changes in voting rights within PPHE Hotel Group Limited.