PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

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1,960.00p
   
  • Change Today:
    -30.00p
  • 52 Week High: 2,000.00
  • 52 Week Low: 1,390.00
  • Currency: UK Pounds
  • Shares Issued: 42.40m
  • Volume: 84,674
  • Market Cap: £831.00m
  • RiskGrade: 91

PPHE Hotel Group investment acquires Serbian asset

By Iain Gilbert

Date: Friday 26 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Hospitality and real estate group PPHE Hotel has acquired a stake in 88 Rooms Hotel via its majority shareholding in Arena Hospitality.
Arena Hospitality snapped up the 88 room hotel in the Serbian capital of Belgrade for a total of HRK 7m (£5.5m) on Friday, marking its entry into a new market.

The hotel, currently owned by MK Aviation Services, is located near to Belgrade's historic old town district and, in addition to the rooms, contains a restaurant, bar, conference room and fitness facilities.

PPHE said completion of the transaction was subject to certain steps and conditions to be fulfilled, with Arena expecting the necessary steps to acquire full ownership of the hotel to be completed by the end of 2019.

President and chief executive Boris Ivesha said: "We are delighted to see Arena flourishing within the markets it operates in.

"It is one of the most dynamic hospitality groups in Central and Eastern Europe, operating iconic venues and we look forward to continuing its momentum as it invests in its existing portfolio and expands into new territories."

As of 1350 BST, PPHE shares were untraded at 1,670p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PPH Market Data

Currency UK Pounds
Share Price 1,960.00p
Change Today -30.00p
% Change -1.51 %
52 Week High 2,000.00
52 Week Low 1,390.00
Volume 84,674
Shares Issued 42.40m
Market Cap £831.00m
RiskGrade 91

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.57% below the market average84.57% below the market average84.57% below the market average84.57% below the market average84.57% below the market average
81.08% below the sector average81.08% below the sector average81.08% below the sector average81.08% below the sector average81.08% below the sector average
Price Trend
91.61% above the market average91.61% above the market average91.61% above the market average91.61% above the market average91.61% above the market average
94.94% above the sector average94.94% above the sector average94.94% above the sector average94.94% above the sector average94.94% above the sector average
Income
75.71% below the market average75.71% below the market average75.71% below the market average75.71% below the market average75.71% below the market average
63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average
Growth
13.43% above the market average13.43% above the market average13.43% above the market average13.43% above the market average13.43% above the market average
45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PPH Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-19 20-Sep-18
Paid 20-May-19 15-Oct-18
Amount 19.00p 16.00p

Trades for 18-Jun-2019

Time Volume / Share Price
16:38 5,000 @ 1,960.00p
13:28 9,350 @ 1,972.00p
11:27 9,350 @ 1,980.00p
16:35 2,091 @ 1,960.00p
16:29 11 @ 1,970.00p

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