Consumer

PPHE Hotel Group Ltd

Year

2019


Transaction type Equity Capital Markets & Corporate Broking

Sector Consumer

finnCap have advised PPHE Hotel Group Ltd on their £149m block trade.

PPHE Hotel Group, President and Chief Executive Officer, Boris Ivesha, said:

“We are very encouraged by the level of support for the Placing; I would like to welcome our new investors to the register and thank existing shareholders for their continued support. We believe that the Placing will allow for greater liquidity for investors by expanding the shareholder base and we expect this to achieve the free float required for the Company to qualify for inclusion in the FTSE UK series of indices.”