TIDMPPH
RNS Number : 0320F
PPHE Hotel Group Limited
12 May 2017
12 May 2017
THIS RELEASE (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA (THE "UNITED
STATES"), AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR THE REPUBLIC OF
SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION
WOULD BE UNLAWFUL OR WHICH WOULD REQUIRE ANY REGISTRATION OR
LICENSING WITHIN SUCH JURISDICTION OR TO ANY OTHER PERSON. THIS
RELEASE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR
CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
PURCHASE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA,
JAPAN, NEW ZEALAND OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION WHERE SUCH DISTRIBUTION OR OFFER IS UNLAWFUL.
Neither this announcement nor anything contained herein shall
form the basis of, or be relied upon in connection with, any offer
or commitment whatsoever in any jurisdiction.
This announcement is not a prospectus within the meaning of
directive 2003/71/EC (the Prospectus Directive) and does not
constitute or form part of an offer to sell or issue or a
solicitation to buy, subscribe for or otherwise acquire any
securities in any jurisdiction, including in or into or from the
United States, Australia, Canada, Japan, New Zealand or the
Republic of South Africa. Investors should not purchase any
transferable securities referred to in this announcement except on
the basis of information in the prospectus (the "Prospectus")
published by Arena Hospitality Group d.d. in connection with the
proposed public offering and admission of its ordinary registered
shares to the Official List of the Zagreb Stock Exchange. The
Prospectus is available on Arena Hospitality Group d.d.'s website
at www.arenaturist.com, subject to applicable securities laws.
PPHE Hotel Group Limited
Publication of supplemental prospectus by Arena Hospitality
Group d.d.
PPHE Hotel Group Limited (the "Company"), which together with
its subsidiaries (the "Group") owns, leases, develops, operates and
franchises full service upscale, upper upscale and lifestyle hotels
in major gateway cities, regional centres and select resort
destinations, predominantly in Europe, announces that its 77.09%
owned subsidiary, Arena Hospitality Group d.d ("Arena"), has today
published a supplemental prospectus (the "Supplemental Prospectus")
approved by the Croatian Financial Services Supervisory Agency
(Hrvatska agencija za nadzor financijskih usluga).
A copy of the Supplemental Prospectus, in Croatian and English,
is available on Arena's website at www.arenaturist.com.
Enquiries:
PPHE Hotel Group Limited
Chen Moravsky, Deputy Chief
Executive Officer Tel: +44 (0)20 7034
and Chief Financial Officer 4800
Hudson Sandler Financial Public
Relations
Tel: +44 (0)20 7796
Wendy Baker / Jocelyn Spottiswoode 4133
Notes to editors
The Company is a Guernsey registered company and through its
subsidiaries, 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.
The majority of the Group's hotels operate under the Park
Plaza(R) Hotels & Resorts or art'otel(R) brands. The Group has
an exclusive licence from Carlson Hotels Worldwide Inc., one of the
world's largest hotel groups, to develop and operate Park Plaza(R)
Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel(R) brand is wholly owned by the Group.
The Group has a controlling ownership interest (77.09% of the
share capital) in Arena Hospitality Group, one of Croatia's
best-known hospitality groups.
The Group's portfolio of owned, leased, managed and franchised
hotels comprises 39 hotels offering a total of approximately 9,000
rooms. The Group's development pipeline includes two new hotels,
which are expected to add an additional 500 rooms by the end of
2019.
Our Company:
www.pphe.com
Our Brands:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
The material set forth herein is for informational purposes only
and does not constitute or form part of an offer to sell or issue
or a solicitation to buy, subscribe for or otherwise acquire any
securities in the United States, Australia, Canada, Japan, New
Zealand or the Republic of South Africa or any other jurisdiction
in which such an offer or solicitation is unlawful. The securities
referred to herein have not been and will not be registered under
the United States Securities Act of 1933, as amended (the
"Securities Act"), or the laws of any state, and may not be offered
or sold within the United States except pursuant to an exemption
from, or in a transaction not subject to, the registration
requirements of the Securities Act and applicable state laws. No
public offering of securities will be made in the United States.
Subject to certain exceptions, the securities referred to herein
may not be offered or sold in Australia, Canada, Japan, New Zealand
or the Republic of South Africa, or for the account or benefit of,
any national, resident or citizen of Australia, Canada, Japan, New
Zealand or the Republic of South Africa. Copies of this material
are not being, and should not be, distributed or sent into the
United States, Australia, Canada, Japan, New Zealand or the
Republic of South Africa.
Forward-looking statements
This announcement may contain certain "forward-looking
statements' which reflect the Company's and/or the Directors'
current views with respect to financial performance, business
strategy and future plans, both with respect to the Group and the
sectors and industries in which the Group operates. Statements
which include the words "expects", "intends", "plans", "believes",
"projects", "anticipates", "will", "targets", "aims", "may",
"would", "could", "continue" and similar statements are of a future
or forward-looking nature. All forward-looking statements address
matters that involve risks and uncertainties. Accordingly, there
are or will be important factors that could cause the Group's
actual results to differ materially from those indicated in these
statements. Any forward-looking statements in this announcement
reflect the Group's current views with respect to future events and
are subject to risks, uncertainties and assumptions relating to the
Group's operations, results of operations and growth strategy.
These forward-looking statements speak only as of the date of this
announcement. Subject to any legal or regulatory obligations, the
Company undertakes no obligation publicly to update or review any
forward-looking statement, whether as a result of new information,
future developments or otherwise. All subsequent written and oral
forward-looking statements attributable to the Group or individuals
acting on behalf of the group are expressly qualified in their
entirety by this paragraph. Nothing in this announcement should be
considered as a profit forecast.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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