PPHE Hotel Group Limited said its co-chief executive Greg Hegarty and chief financial officer Daniel Kos were granted nil-cost share options covering 12,000 ordinary shares each as part of annual bonus settlements.
Hegarty exercised 6,000 of his options immediately, converting the shares at nil cost, while Kos fully converted his 12,000 options upon grant. The awards were made under the PPHE Executive Incentive Plan 2020 to settle annual bonus entitlements under the company’s EVP Annual Bonus Plan.
The transactions were executed in London and notified in compliance with EU Market Abuse Regulation requirements for persons discharging managerial responsibilities. The company’s ordinary shares, which have no par value, are listed on the London Stock Exchange under ticker PPH with identification code GG00B1Z5FH87.
PPHE Hotel Group, registered in Guernsey, operates as an international hospitality real estate company developing, owning and operating hotels and resorts.
