LONDON (Alliance News) - Budget hotel operator easyHotel PLC on Tuesday said newly-appointed Guy Parsons acquired 64,143 shares in the company on Friday for 70.00 pence per share.
Following the transaction, Parsons now owns 114,143 shares in the company, having already bought 50,000 shares on Thursday last week.
The industry veteran was appointed to the helm of the company at the end of July, starting his new role on August 10. Parsons is the former chief executive of hotel chain Travelodge. Prior to working for Travelodge, he also spent time working at Whitbread PLC, the owner of Premier Inn, and French hotel group Accor SA.
Shares in easyHotel were up 2.0% to 71.40 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Whitbread (WTB)