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5 Jul 2016 07:00
Action Hotels plc
("Action Hotels" or the "Company")
Directors' Dealings
Action Hotels, the leading owner, developer and asset manager of branded three and four-star hotels in the Middle East and Australia, announces the purchases of the following ordinary shares of 10 pence each ("Ordinary Shares") on 28 June 2016:
Name |
Position | Number of Ordinary Shares purchased |
Purchase price (pence) |
Mubarak A M Al-Sabah | Non-executive Chairman | 116,606 | 55.5p |
Rawaf I Bourisli | Director | 100,000 | 55.5p |
Alya Saleh Farid Mohamed Alawlaqi | The wife of Mubarak A M Al-Sabah | 100,000 | 55.5p |
Following these transactions, those listed above will have the following interests in the share capital of the Company:
Name | Number of Ordinary Shares | % of issued share capital |
Mubarak A M Al-Sabah* | 97,178,916 | 65.82% |
Rawaf I Bourisli | 1,243,384 | 0.84% |
Alya Saleh Farid Mohamed Alawlaqi | 100,000 | 0.07% |
*1,593,268 directly and the balance held by Action Group Holding Company (K.S.C.C)
For more information contact:
Action Hotels PLC | Tel: +44 (0) 20 7907 9663 |
Alain Debare, Chief Executive Officer | |
Katie Shelton, Acting CFO |
Zeus Capital Limited (Nomad and Broker) | |
Dan Bate | Tel: +44 (0) 161 831 1512 |
Adam Pollock/Nicholas How | Tel: +44 (0) 20 3829 5000 |
Camarco (Press enquiries) | Tel: +44 (0) 20 3757 4980 |
Billy Clegg/ Jennifer Renwick/ Tom Huddart |
Notes to Editors
Action Hotels PLC
Action Hotels is a leading owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia. Established in 2005, Action Hotels currently operates nine hotels with 1,561 rooms in aggregate across the Middle East and Australia, with further properties in development in both regions.
More information is available at http://www.actionhotels.com/
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