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Amendment to Director's Dealing

28th Mar 2018 08:44

RNS Number : 2150J
Action Hotels PLC
28 March 2018
 

Action Hotels plc

 

("Action Hotels" or the "Company")

 

Amendment to Director's Dealing Announcement

 

Further to the announcement made on 14 March 2018 concerning the Director's dealing whereby Action Real Estate Co. K.S.C.C. ("AREC"), a subsidiary of Action Group Holding Company K.S.C.C ("ACGH") which the Company's Non-Executive Chairman, Sheikh Mubarak A. M. Al Sabah is Chairman and a major shareholder of, entered into an agreement with Blakeney LLP to purchase 9,715,463 Action Hotels ordinary shares of 10 pence each (the "Agreement"), the Company confirms that the date agreed by which the shares would be purchased has been extended from 25 March 2018 to 3 April 2018.

 

For more information contact:

 

Action Hotels PLC

Tel: +44 (0) 20 7907 9663

Alain Debare, Chief Executive Officer

Katie Shelton, Director of Corporate Affairs

 

Zeus Capital Limited (Nomad and Broker)

Dan Bate / Andrew Jones

Tel: +44 (0) 161 831 1512

Victoria Ayton

Tel: +44 (0) 20 3829 5000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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