PPHE Hotel Group Limited Board Appointment (1116G)
February 27 2018 - 7:09AM
UK Regulatory
TIDMPPH
RNS Number : 1116G
PPHE Hotel Group Limited
27 February 2018
27 February 2018
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Company")
Board Appointment
PPHE Hotel Group, 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 and resort destinations, predominantly in Europe,
today announces an appointment to its board of directors (the
Board).
The Board has appointed Daniel (Izaäk Herman) Kos, the Group's
Chief Financial Officer, as an Executive Director to the Board,
with immediate effect. Daniel will stand for re-election along with
the Company's other Directors at the Company's forthcoming annual
general meeting to be held on 15 May 2018.
Daniel was appointed as Chief Financial Officer on 1 January
2018, having joined the Group in 2011 as Group Head of Accounting
and subsequently appointed as Vice President of Corporate Finance
in 2015. Prior to joining the Group, Daniel held senior leadership
positions within audit and finance, including eleven years at
Mazars LLP, an international audit practice. Daniel is a Certified
Public Accountant and holds a bachelor in business economics from
the Hogeschool van Amsterdam.
Daniel was granted options over 100,000 shares in the Company at
an exercise price of 690 pence, of which 33,334 are vested and the
balance to vest, in two equal tranches, on 14 November 2018 and 14
November 2019 respectively.
The Board welcomes Daniel and believes that Daniel's impressive
breadth of experience and knowledge gained in his seven years at
the Group will complement the balance of skills among the existing
directors on the Board.
Enquiries:
PPHE Hotel Group Limited
Robert Henke, Executive Vice President
of Corporate Affairs Tel: +31 20
and Customer Experience 717 8600
Lisa Woodman, Director of Corporate Tel: +44 (0)20
Communications 7034 4800
Hudson Sandler Financial Public
Relations
Tel: +44 (0)20
Wendy Baker/ Sophie Lister 7796 4133
pphe@hudsonsandler.com
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 (51.97% 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 in operation 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 2022.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS
The company news service from the London Stock Exchange
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