Action Hotels PLC Board appointment of Finance Director (3027L)
July 18 2017 - 2:00AM
UK Regulatory
TIDMAHCG
RNS Number : 3027L
Action Hotels PLC
18 July 2017
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
Action Hotels plc
("Action Hotels" or the "Company")
Board appointment of Finance Director
Action Hotels, the leading owner, developer and asset manager of
branded three and four-star hotels in the Middle East and Australia
is pleased to announce that Andrew Lindley has been appointed to
the Action Hotels' Board as Finance Director with immediate effect.
Andrew was appointed as Finance Director on 1 June 2016 when he
joined the Company's senior management team.
As detailed at the time of his appointment to the senior
management team, Andrew is a Chartered Management Accountant and
holds a BA (Hons) degree in Accounting and Economics from Reading
University, UK. He has more than 20 years of finance experience in
the UK and the Middle East.
Andrew was previously Vice President of Finance for Africa at
Mövenpick Hotels and Resorts, responsible for the financial
operations of a portfolio of 25 hotels across Africa and cruise
operations in Egypt. He is experienced in the leisure and tourism
sector especially in hospitality working for; Forte Group plc,
MacDonald Hotels plc and as CFO of Abjar Hotels International, a
hospitality company with a portfolio of nine franchise and managed
hotels in Dubai.
Alain Debare, Chief Executive Officer of Action Hotels,
commented: "We are delighted that Andrew has joined the Action
Hotels Board following a highly impressive period as part of the
senior management team. Andrew brings with him considerable
financial skills and experience of hospitality and the Middle East.
I have no doubt he will make a valuable contribution to the Board
as we accelerate our roll out of hotels in the Middle East and
Australia."
The information on Andrew Lindley required to be disclosed under
Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for
Companies is as follows:
-- Andrew Edward Lindley, aged 42, is not currently a director
of any other company and in addition, has not held other
directorships in the past five years. Andrew has no interests in
the share capital of Action Hotels plc.
There is no further information on Andrew Lindley required to be
disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM
Rules for Companies.
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
Camarco (Press enquiries) Tel: +44 (0) 20 3757 4994
Jennifer Renwick/ Tom Huddart
Notes to Editors
Action Hotels PLC
Action Hotels PLC is a leading owner, developer and asset
manager of branded three and four star hotels in the Middle East
and Australia. Established in 2005, Action Hotels currently has 12
completed hotels with 2,181 rooms in aggregate across the Middle
East and Australia, with further properties in development in both
regions.
More information is available at
http://www.actionhotels.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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