Pphe Hotel Regulatory News (PPH)

19 Jul 2007 17:16

Park Plaza Hotels Limited19 July 2007 TR-1: Notifications of Major Interests in Shares Park Plaza Hotels Limited 1. Identity of the issuer or the underlying issuer ofexisting shares to which voting rights are attached: 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisitionof shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________ Euro Plaza Holdings B.V. 3. Full name of person(s) subject to notificationobligation: N/A 4. Full name of shareholder(s) (if different from3): 17 July 2007 5. Date of transaction (and date on which thethreshold is crossed or reached if different): 19 July 2007 6. Date on which issuer notified: 43% 7. Threshold(s) that is/are crossed or reached: 8: Notified DetailsA: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction Number of Number of Number of Number of voting rights Percentage of votingIf possible shares voting shares rightsuse ISIN code rights Direct Indirect Direct IndirectOrdinary N/A N/A 17,376,900 17,376,900 - 43% - Shares B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights that Percentage ofinstrument period/date may be acquired (if the voting rights instrument exercised/ converted)N/A N/A N/A N/A N/A Total (A+B) Number of voting rights Percentage of voting rights17,376,900 43% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectivelyheld, if applicable:The AP Descendants Trust, a trust established under the laws of the Cayman Islands for the children of Mr AvnerPapouchado and the YP Descendant's Trust, a trust established under the laws of the Cayman Islands wholly own PeninsulaInternational Enterprises Ltd which wholly owns Three Continents Ltd, which wholly owns Horizon Enterprises B.V. whichwholly owns Atlantic Pacific Enterprises B.V. which wholly owns Euro Plaza Holdings B.V. Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will cease N/Ato hold: 12. Date on which proxy holder will cease to hold N/Avoting rights: 13. Additional information: N/A 14 Contact name: Bari Davidson 15. Contact telephone number: +972548100444 This information is provided by RNS The company news service from the London Stock Exchange