PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,145.00p
   
  • Change Today:
      80.00p
  • 52 Week High: 2,140.00
  • 52 Week Low: 805.00
  • Currency: UK Pounds
  • Shares Issued: 42.46m
  • Volume: 12,694
  • Market Cap: £486.16m
  • RiskGrade: 335

PPHE non-exec director to step down as deputy chairman sheds roles

By Frank Prenesti

Date: Friday 15 Nov 2019

LONDON (ShareCast) - (Sharecast News) - PPHE Hotel Group on Friday said it was making some changes to its board after a shareholder revolt at May's annual meeting over deputy chairman Kevin McAuliffe and non-executive director Nigel Jones.
The company said McAuliffe was stepping down from his posts on the audit and remuneration committees as he was "no longer deemed to be an independent director", but would stay on in his main role overseeing corporate governance.

It added that Jones would retire from the board before the 2020 annual general meeting. Major independent shareholders had told the company they were concerned about the independence of the duo given they had served on the board for more than nine years.

"In anticipation of Mr Jones's retirement, the company is currently looking for an additional independent non-executive director to join the board," the company said.

Both men saw a significant vote against them at the meeting, with 31% voting against McAuliffe's reappointment and 25.3% against Jones.

PPHE said it understood that some investors had concerns that both men had served on the board for more than nine years.

"Whilst the board believes that both Mr. McAuliffe and Mr. Jones are highly effective and engaged members of the board with a wealth of knowledge which is highly valued by the company, the board has given further consideration to the views of its independent shareholders," it added.

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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 1,145.00p
Change Today 80.00p
% Change 7.51 %
52 Week High 2,140.00
52 Week Low 805.00
Volume 12,694
Shares Issued 42.46m
Market Cap £486.16m
RiskGrade 335

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.30% above the market average52.30% above the market average52.30% above the market average52.30% above the market average52.30% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
50.78% below the market average50.78% below the market average50.78% below the market average50.78% below the market average50.78% below the market average
9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average
Income
39.21% below the market average39.21% below the market average39.21% below the market average39.21% below the market average39.21% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
19.25% below the market average19.25% below the market average19.25% below the market average19.25% below the market average19.25% below the market average
27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
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 n/a 19-Sep-19
Paid n/a 15-Oct-19
Amount 0.000p 17.00p

Trades for 10-Jul-2020

Time Volume / Share Price
16:35 2,619 @ 1,145.00p
16:29 40 @ 1,140.00p
16:29 20 @ 1,140.00p
16:29 29 @ 1,150.00p
16:29 1 @ 1,145.00p

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