Ankündigung • Jun 20
Fattal Hotels Ltd. cancelled the acquisition of remaining 96.03% stake in PPHE Hotel Group Limited (LSE:PPH). Fattal Hotels Ltd. proposed to acquire remaining 96.03% stake in PPHE Hotel Group Limited (LSE:PPH) for £880 million on May 27, 2026. A cash consideration valued at £22 per share will be paid by Fattal Properties (Europe) Ltd. Fattal has reserved the right to introduce other forms of consideration (such as securities) and/or to vary the composition of the consideration; and make the offer on less favourable terms than £22 in cash per PPHE share: with the recommendation or consent of the Board; if PPHE announces, declares or pays any dividend or any other distribution to shareholders, in which case Fattal will have the right to make an equivalent reduction to the proposed price; if a third party announces a firm intention to make an offer for PPHE on less favourable terms than the Proposal. Fattal Hotels Ltd is the owner of 1,660,173 ordinary shares in PPHE.
The Proposal is subject to the satisfaction or waiver by Fattal of customary pre-conditions, including the completion of confirmatory of due diligence.
Alex Midgen and Sam Green of N.M. Rothschild & Sons Limited and J.P. Morgan acted as financial advisor for PPHE Hotel Group Limited. Adrian Doyle, Gregory Boulot and Dafna Kantor of Morgan Stanley & Co. International plc acted as financial advisor to Fattal Hotels. Baker & McKenzie LLP acted as legal advisor to Fattal Hotels.
Fattal Hotels Ltd. cancelled the acquisition of remaining 96.03% stake in PPHE Hotel Group Limited (LSE:PPH) on June 19, 2026. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Non-Executive Director Roni Hirsch was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to UK£19.51, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 13x in the Hospitality industry in the United Kingdom. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£24.46 per share. Ankündigung • May 28
Fattal Hotels Ltd. proposed to acquire PPHE Hotel Group Limited (LSE:PPH) for £920 million. Fattal Hotels Ltd. proposed to acquire PPHE Hotel Group Limited (LSE:PPH) for £920 million on May 27, 2026. A cash consideration valued at £22 per share will be paid by Fattal Properties (Europe) Ltd. Fattal has reserved the right to introduce other forms of consideration (such as securities) and/or to vary the composition of the consideration; and make the offer on less favourable terms than £22 in cash per PPHE share: with the recommendation or consent of the Board; if PPHE announces, declares or pays any dividend or any other distribution to shareholders, in which case Fattal will have the right to make an equivalent reduction to the proposed price; if a third party announces a firm intention to make an offer for PPHE on less favourable terms than the Proposal.
The Proposal is subject to the satisfaction or waiver by Fattal of customary pre-conditions, including the completion of confirmatory of due diligence.
Alex Midgen and Sam Green of N.M. Rothschild & Sons Limited acted as financial advisor for PPHE Hotel Group Limited. Adrian Doyle, Gregory Boulot and Dafna Kantor of Morgan Stanley & Co. International plc acted as financial advisor to Fattal Hotels. Baker & McKenzie LLP acted as legal advisor to Fattal Hotels. Ankündigung • May 21
PPHE Hotel Group Limited Approves Final Dividend for the Year Ended 31 December 2025 PPHE Hotel Group Limited confirms that at the Company's Annual General Meeting held on May 19, 2026 approved a final dividend of 22 pence per ordinary share for the year ended 31 December 2025. Ankündigung • Apr 25
PPHE Hotel Group Limited to Report Q1, 2026 Results on Apr 29, 2026 PPHE Hotel Group Limited announced that they will report Q1, 2026 results on Apr 29, 2026 Ankündigung • Mar 12
PPHE Hotel Group Limited, Annual General Meeting, May 19, 2026 PPHE Hotel Group Limited, Annual General Meeting, May 19, 2026. Location: la fregate hotel, beauregard lane, st peter port, gy1 1ut, Guernsey Ankündigung • Mar 03
PPHE Hotel Group Limited (LSE:PPH) entered into an agreement to repurchase Park Plaza London Waterloo for approximately £150 million. PPHE Hotel Group Limited (LSE:PPH) entered into an agreement to repurchase Park Plaza London Waterloo for approximately £150 million on March 2, 2026. The freehold acquisition is for a total consideration of £147.9 million, of which £136.5 million is intended to be funded by a new debt facility which the Group expects to finalise prior to completion and which will be secured on the freehold and long leasehold interest in the Property. The remaining balance is to be settled from the Group's existing cash resources. The transaction is expected to close in the coming months. Ankündigung • Feb 26
Pphe Hotel Group Limited Proposes Final Dividend, Payable on May 29, 2026 The Board of PPHE Hotel Group Limited has recommended a final proposed dividend of 22 pence per share. Together with the 17 pence per share interim dividend paid, the total dividend for 2025 is 39 pence per share (2024: 38 pence per share). The final dividend will be paid on 29 May 2026 to all shareholders who are on the register as of 24 April 2026. Ankündigung • Nov 15
PPHE Hotel Group Investors Consider Stake Sale The biggest shareholders in hotel chain PPHE (PPHE Hotel Group Limited (LSE:PPH)) have said they are in talks over options for the business, including selling stakes. The company, which runs Park Plaza hotels in Europe, saw shares jump as a result. It followed reports from Bloomberg that the process could lead to the business being taken private. Founder Eli Papouchado and PPHE president Boris Ivesha confirmed they are planning “to hold a small handful of meetings with financial investors” over potential options for the business. The shareholders, who own around 44% of the business, said options include investors “contributing growth capital to PPHE” and the “potential partial monetisation of their stakes”. In a statement, they added: “The shareholders are not in discussions with any parties and are not in receipt of any offer for their collective stake in PPHE. “There can be no certainty that any such offer will be made.” Israeli hotelier Mr. Papouchado’s family trust owns around 33% of the company. The company, which has a property estate valued at £2.2 billion at the end of last year, also runs sites under the Art’otel brand, including London locations in Battersea Power Station and Hoxton. Ankündigung • Aug 28
PPHE Hotel Group Limited Proposes Interim Dividend for the Period Ended 30 June 2025, Payable on 17 October 2025 PPHE Hotel Group Limited Board has proposed an interim dividend of 17 pence per share (H1 2024: 17 pence per share) for the period ended 30 June 2025, which will be paid on 17 October 2025 to those shareholders on the register at the close of business on 19 September 2025. Ankündigung • Aug 04
PPHE Hotel Group Limited to Report First Half, 2025 Results on Aug 28, 2025 PPHE Hotel Group Limited announced that they will report first half, 2025 results on Aug 28, 2025 Ankündigung • Mar 27
PPHE Hotel Group Limited, Annual General Meeting, May 21, 2025 PPHE Hotel Group Limited, Annual General Meeting, May 21, 2025. Location: la fregate hotel, beauregard lane, st peter port, gy1 1ut, Guernsey Ankündigung • Mar 01
PPHE Hotel Group Limited Proposes Final Dividend Payment for the Year Ended December 31, 2024, Payable on May 30, 2025 PPHE Hotel Group Limited declared a proposed final dividend of 21 pence per share, an increase of 5.0%, which, combined with the interim dividend, brings the total dividend for the 2024 financial year to 38 pence per share, an increase of 5.6% compared with 2023. Pending approval at the 2025 Annual General Meeting, the final dividend will be paid on 30 May 2025 to all shareholders who are on the register as of 25 April 2025. Ankündigung • Jan 10
PPHE Hotel Group Limited Appoints Roni Hirsch as Non-Executive Director to Its Board of Directors PPHE Hotel Group announced the appointment of Roni Hirsch as Non-Executive Director to its Board of Directors, effective from now. Mr. Hirsch is Chief Executive Officer of Red Sea Group ("Red Sea"), a role he has held since 1993. Red Sea is controlled by Eli Papouchado, who, together with his family trusts, owns 32.93% of the voting rights in the Group. Mr. Hirsch was previously a director of Red Sea Hotels Construction (1993) Ltd., Red Sea Hotels Promotion & Land (1994) Ltd. and Ramat Hasharon Properties (2032) Ltd. each of which was placed into voluntary liquidation. Ankündigung • Jan 09
PPHE Hotel Group Limited Announces Directorate Change PPHE Hotel Group announced that Mr. Eli Papouchado has decided to step aside from his role as Non-Executive Chairman and Director of the Board with immediate effect. Ken Bradley (currently Non-Executive Deputy Chairman) has been appointed as successor. Mr. Papouchado has taken this decision pending the outcome of an HR-related claim against him by an employee of a company outside of the PPHE Hotel Group but which also names the Group as co-respondents. Mr. Papouchado strenuously refutes this claim and is contesting it. Mr. Papouchado, a founder of the Group, has held the role of Chairman since its formation in 1989. Over this period, he has played aninstrumental role in both the Group's growth and development, and the expansion of the Park Plaza and art'otel brands across Europe. Ankündigung • Oct 17
PPHE Hotel Group Limited to Report Q3, 2024 Results on Oct 31, 2024 PPHE Hotel Group Limited announced that they will report Q3, 2024 results on Oct 31, 2024 Ankündigung • Aug 29
PPHE Hotel Group Limited Approves Interim Dividend for the Period Ended 30 June 2024, payable on 15 October 2024 PPHE Hotel Group Limited has approved the payment of an interim dividend of 17 pence per ordinary share, for the Period ended 30 June 2024, to all shareholders who are on the register at 20 September 2024. The interim dividend is to be paid on 15 October 2024. Ankündigung • Aug 01
PPHE Hotel Group Limited to Report First Half, 2024 Results on Aug 29, 2024 PPHE Hotel Group Limited announced that they will report first half, 2024 results on Aug 29, 2024 Ankündigung • May 25
PPHE Hotel Group Limited Approves Final Dividend for the Year Ended 31 December 2023 PPHE Hotel Group Limited at its Annual General Meeting held on 22 May 2024 approved a final dividend of 20 pence per ordinary share for the year ended 31 December 2023. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£14.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Hospitality industry in the United Kingdom. Total loss to shareholders of 5.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£26.14 per share. Ankündigung • Mar 13
PPHE Hotel Group Limited, Annual General Meeting, May 22, 2024 PPHE Hotel Group Limited, Annual General Meeting, May 22, 2024, at 11:00 Coordinated Universal Time. Location: The Farmhouse Hotel, Route des Bas Courtils, St Saviours, Guernsey, GY7 9YF Guernsey United Kingdom Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: UK£0.53 (vs UK£0.24 in FY 2022) Full year 2023 results: EPS: UK£0.53 (up from UK£0.24 in FY 2022). Revenue: UK£414.6m (up 26% from FY 2022). Net income: UK£22.4m (up 121% from FY 2022). Profit margin: 5.4% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Ankündigung • Feb 29
PPHE Hotel Group Limited Proposes Final Dividend Payment for the Year Ended 31 December 2023 PPHE Hotel Group Limited proposed a final dividend payment of 20 pence per share for the year ended 31 December 2023. Ankündigung • Feb 08
PPHE Hotel Group, Announces Appointment of Greg Hegarty as Co-Chief Executive Officer PPHE Hotel Group, announced the appointment of Greg Hegarty as Co-Chief Executive Officer (Co-CEO) of the Company with immediate effect. Greg has been with the Group for 18 years in various leadership positions and was appointed as Chief Operating Officer of the Group in 2019 and Deputy Chief Executive Officer & Chief Operating Officer in 2020. During this time, he has held overall responsibility for creating and implementing the Group's operational strategies, including Operations, People & Culture and Commercial, while driving PPHE's corporate vision and growth strategy. He was appointed an Executive Director of the Company and joined the Board in May 2023. He has almost three decades of experience in the wider hospitality sector. Prior to joining the Group, Greg held senior management roles at recognised brands and owner/operators such as Clermont Hotel Group (formerly GLH /Thistle Hotels) and RBH (formerly Redefine BDL Hotels). He holds a Masters' Degree in Business Administration (MBA) and has further shown his commitment to the hospitality industry by becoming a Fellow of the Institute of Hospitality and Master Innholder. Greg will assume his Co-CEO role alongside Boris Ivesha, the Company's long-serving President & CEO. He will manage the day-to-day running of the business as well as have a key role in defining and implementing the Group's long-term strategy as it continues in its current phase of significant growth. He will also continue to be responsible for the Group's ongoing proactive engagement with shareholders. Boris Ivesha will continue to focus on pursuing growth and development opportunities for the Group, including concept creation. Ankündigung • Jan 25
PPHE Hotel Group Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 PPHE Hotel Group Limited announced that they will report fiscal year 2023 results on Feb 29, 2024 Recent Insider Transactions • Dec 28
President recently bought UK£53m worth of stock On the 22nd of December, Boris Ivesha bought around 5m shares on-market at roughly UK£11.40 per share. This transaction increased Boris' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Boris' only on-market trade for the last 12 months. Ankündigung • Sep 27
PPHE Hotel Group Limited Approves an Interim Dividend for the Period Ended 30 June 2023, Payable on 27 October 2023 The board of PPHE Hotel Group Limited has taken the decision to approve the payment of an interim dividend of 16 pence per share, for the period ended 30 June 2023, to all shareholders who are on the register on 6 October 2023. This represents a year-on-year increase of 13 pence per share (First half 2022: 3 pence per share). The interim dividend is to be paid on 27 October 2023. Reported Earnings • Sep 03
First half 2023 earnings released: EPS: UK£0.091 (vs UK£0.52 loss in 1H 2022) First half 2023 results: EPS: UK£0.091 (up from UK£0.52 loss in 1H 2022). Revenue: UK£180.0m (up 59% from 1H 2022). Net income: UK£3.86m (up UK£26.0m from 1H 2022). Profit margin: 2.1% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 29
PPHE Hotel Group Limited to Report First Half, 2023 Results on Aug 31, 2023 PPHE Hotel Group Limited announced that they will report first half, 2023 results on Aug 31, 2023 Ankündigung • Jun 29
PPHE Hotel Group Limited Provides Earnings Guidance for the Fiscal Year 2023 PPHE Hotel Group Limited provided earnings guidance for the fiscal year 2023. For the period, the company expects to deliver Fiscal Year 2023 revenue of at least £400 million. Ankündigung • May 25
PPHE Hotel Group Limited Approves Final Dividend for the Year Ended 31 December 2022 PPHE Hotel Group Limited announced that Annual General Meeting held on 23 May 2023 approved a final dividend of 12 pence per ordinary share for the year ended 31 December 2022. Upcoming Dividend • Apr 21
Upcoming dividend of UK£0.12 per share at 2.1% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%). Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: UK£0.24 (vs UK£1.23 loss in FY 2021) Full year 2022 results: EPS: UK£0.24 (up from UK£1.23 loss in FY 2021). Revenue: UK£330.1m (up 134% from FY 2021). Net income: UK£10.2m (up UK£62.3m from FY 2021). Profit margin: 3.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Ankündigung • Jan 26
PPHE Hotel Group Limited to Report Fiscal Year 2022 Results on Mar 02, 2023 PPHE Hotel Group Limited announced that they will report fiscal year 2022 results on Mar 02, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 08
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 14 October 2022. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (1.2%). Reported Earnings • Sep 02
First half 2022 earnings released: UK£0.52 loss per share (vs UK£1.05 loss in 1H 2021) First half 2022 results: UK£0.52 loss per share (up from UK£1.05 loss in 1H 2021). Revenue: UK£113.2m (up 339% from 1H 2021). Net loss: UK£22.1m (loss narrowed 51% from 1H 2021). Over the next year, revenue is forecast to grow 42%, compared to a 29% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: UK£1.23 loss per share (up from UK£1.93 loss in FY 2020). Revenue: UK£141.4m (up 39% from FY 2020). Net loss: UK£52.1m (loss narrowed 36% from FY 2020). Revenue exceeded analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 109%, compared to a 39% growth forecast for the restaurants industry in the United Kingdom. Reported Earnings • Sep 03
First half 2021 earnings released: UK£1.05 loss per share (vs UK£0.73 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: UK£25.8m (down 58% from 1H 2020). Net loss: UK£44.7m (loss widened 45% from 1H 2020). Board Change • Jul 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stephanie Coxon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
Full year 2020 earnings released: UK£1.93 loss per share (vs UK£0.80 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£101.8m (down 72% from FY 2019). Net loss: UK£81.7m (down 341% from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 04
Revenue misses expectations Revenue missed analyst estimates by 10%. Over the next year, revenue is forecast to grow 94% compared to a 1.1% decline forecast for the Hospitality industry in the United Kingdom. Is New 90 Day High Low • Mar 03
New 90-day high: UK£14.25 The company is up 8.0% from its price of UK£13.25 on 03 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£12.47 per share. Is New 90 Day High Low • Dec 29
New 90-day high: UK£13.85 The company is up 39% from its price of UK£9.98 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.49 per share. 
