PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,810.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 1,990.00p
  • 52 Week Low: 1,525.00p
  • Currency: UK Pounds
  • Shares Issued: 42.40m
  • Volume: 21,442
  • Market Cap: £767.41m
  • RiskGrade: 100
  • Beta: 0.00

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 1,810.00p
Change Today 20.00p
% Change 1.12 %
52 Week High 1,990.00p
52 Week Low 1,525.00p
Volume 21,442
Shares Issued 42.40m
Market Cap £767.41m
Beta 0.00
RiskGrade 100

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.29% below the market average79.29% below the market average79.29% below the market average79.29% below the market average79.29% below the market average
71.05% below the sector average71.05% below the sector average71.05% below the sector average71.05% below the sector average71.05% below the sector average
Price Trend
79.30% above the market average79.30% above the market average79.30% above the market average79.30% above the market average79.30% above the market average
77.22% above the sector average77.22% above the sector average77.22% above the sector average77.22% above the sector average77.22% above the sector average
Income
60.86% below the market average60.86% below the market average60.86% below the market average60.86% below the market average60.86% 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
14.90% above the market average14.90% above the market average14.90% above the market average14.90% above the market average14.90% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% 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
  Interim Final
Ex-Div 19-Sep-19 25-Apr-19
Paid 15-Oct-19 20-May-19
Amount 17.00p 19.00p

Trades for 20-Sep-2019

Time Volume / Share Price
16:48 66 @ 1,810.00p
16:35 7,095 @ 1,810.00p
16:29 46 @ 1,800.00p
16:29 8 @ 1,800.00p
16:29 8 @ 1,790.00p

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