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PPHE Hotel Group Awards Nil-Cost Options to Senior Management

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PPHE Hotel Group Awards Nil-Cost Options to Senior Management

The latest announcement is out from PPHE Hotel ( (GB:PPH) ).

PPHE Hotel Group announced the grant and exercise of nil-cost options over ordinary shares to senior management members, including Co-CEO Greg Hegarty, CFO Daniel Kos, and Chief Corporate & Legal Officer Inbar Zilberman. This move, part of the PPHE Executive Incentive Plan 2020, reflects the company’s strategy to incentivize leadership and align management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

More about PPHE Hotel

PPHE Hotel Group is an international hospitality real estate company with a portfolio valued at £2.2 billion, consisting of prime freehold and long leasehold assets in Europe. The Group owns, co-owns, develops, leases, operates, and franchises upscale hotels and resorts, primarily under the Park Plaza®, art’otel®, and Arena brands. PPHE benefits from an exclusive licence with Radisson Hotel Group to operate Park Plaza® hotels in Europe, the Middle East, and Africa.

YTD Price Performance: -7.09%

Average Trading Volume: 33,193

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £547.4M

Learn more about PPH stock on TipRanks’ Stock Analysis page.

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