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DIRECTOR DEALINGS: New Easyhotel CEO Buys 50,000 Shares

Fri, 28th Aug 2015 08:58

LONDON (Alliance News) - Easyhotel PLC Friday said new Chief Executive Officer Guy Parsons bought 50,000 shares at a price of 67 pence per share Thursday, his only holding in the company.

The budget hotels operator in July said it has appointed Guy Parsons as its new chief executive officer, with effect from August 10.

Parsons is the former chief executive of Travelodge, the hotel chain, and has spent time in the past working for Whitbread PLC, the owner of Premier Inn, and French hotel group Accor SA. He replaces Simon Champion in the role, who is leaving to "pursue other interests", easyHotel said.

Easyhotel is backed by the billionaire founder of easyJet PLC, Stelios Haji-Ioannou.

The stock was trading up 3.7% at 70.00p Friday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

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