1st Nov 2007 07:00
Peel Hotels PLC31 October 2007 Peel Hotels PLC 31 October 2007 PEEL HOTELS PLC Directors' Dealings - Exercise of Options The Company announces that its Chief Operating Officer, Norbert Petersen,yesterday exercised options to subscribe for an aggregate of 100,000 newordinary shares in the capital of Peel Hotels plc. The Options had been granted by the Company to Mr Petersen in October 1998 andwere options over 100,000 shares at 116.5 pence per share. Following exercise ofthese options Mr Petersen owns a total of 141,830 shares representing 1.01% ofthe Company's issued share capital. Application has been made for the 100,000 new ordinary shares issued inconnection with the exercise of share options to be admitted to AIM. It isexpected that admission will take place on 6th November 2007. The new ordinary shares will rank pari passu in all respects with the existingordinary shares Peel Hotels plcRobert Peel, Chairman, - 020 7286 6823 Nominated AdviserKBC Peel Hunt Ltd - David Davies, - 020 7418 8900 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Peel Hotels