Phoenix Spree D Regulatory News (PSDL)

12 November 2019

Phoenix Spree Deutschland Limited

(The "Company" or "PSDL")

Transaction in own shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 21 June 2019 to make market purchases of its own ordinary shares, it repurchased 225,000 ordinary shares at a price of 320.25 pence per share, to be held in treasury, on 11 November 2019.

Following this transaction, the Company has in issue 100,751,410 ordinary shares of which 1,085,000 are held in treasury.

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 99,666,410 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

Legal Entity Identifier: 213800OR6IIJPG98AG39

For further information, please contact: