PPHE Hotel Group Limited has announced the purchase of 4,760 of its ordinary shares on the London Stock Exchange through Jefferies International Limited. The repurchased shares will be held in treasury. The highest price paid per share was 1,350.00p, the lowest price paid per share was 1,335.00p, and the volume-weighted average price paid per share was 1,347.65p. This purchase is part of the company's existing share buy-back program and was effected pursuant to the instructions issued to the Broker by the Company on 10 July 2024, as announced on 11 July 2024.
Following the purchase, PPHE holds 2,348,984 of its ordinary shares in treasury and has 41,998,426 ordinary shares in issue, excluding treasury shares. The full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buy-back program is detailed in the announcement.
The announcement complies with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation). This information provides transparency about the company's transactions in its own securities and its compliance with applicable regulations.