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By LSE RNS

RNS Number : 7228V
Action Hotels PLC
07 November 2017
 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

Action Hotels plc

 

("Action Hotels" or the "Company")

 

Director's Dealing


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sheikha Alya Saleh Farid Mohamed Alawlaqi

2

Reason for the notification

a)

Position/status

Wife of Non Executive Chairman Sheikh Mubarak A. M. Al Sabah

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Action Hotels plc

b)

LEI

213800BGD9TEXUTCQ647

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.10

 

AHCG ISIN: JE00BFZD1492

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

33.50p

5,000

d)

Aggregated information

- Aggregated volume

- Price


N/A - single transaction

e)

Date of the transaction

3 November 2017

f)

Place of the transaction

London Stock Exchange, AIM

 

For more information contact:

 

Action Hotels PLC

Tel: +44 (0) 20 7907 9663

Alain Debare, Chief Executive Officer


Katie Shelton, Director of Corporate Affairs


 

Zeus Capital Limited (Nomad and Broker)


Dan Bate / Andrew Jones

Tel: +44 (0) 161 831 1512

Victoria Ayton

Tel: +44 (0) 20 3829 5000

 

Beaufort Securities Limited (Joint Broker)

Tel: +44 (0) 020 7382 8300

Zoe Alexander

 

Elliot Hance


 

 

Notes to Editors

 

Action Hotels PLC 

Action Hotels PLC is a leading owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia. Established in 2005, Action Hotels currently has 13 completed hotels with 2,276 rooms in aggregate across the Middle East and Australia, with further properties in development in both regions.

More information is available at http://www.actionhotels.com/

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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