RHC The Real Hotel

    RNS Number : 3106J
  The Real Hotel Company PLC
  01 December 2008
   

    the real hotel company plc
    (the "Company")
    Result of Scheme Meetings

    Following the Court Hearing held earlier today, the Company is pleased to announce that the Court has approved the Scheme and the
capital reduction which formed part of the Scheme.

    Accordingly, it is expected that by 8:00 a.m. tomorrow, 2nd December 2008,  the Company's ordinary shares listed for trading on the
London Stock Exchange's main market will be cancelled, and the ordinary shares of The Real Hotel Group Plc ("RHG") will be admitted to
trading on AIM.

    It is expected that the existing designation on trading screens of "RHC" will be changed following the admission of listing of RHG to
AIM to "RHG". 

    Terms and expressions used in this announcement shall, unless the context otherwise requires, have the same meanings as in the Scheme
Circular posted to shareholders on 16 October 2008.


    For further information please contact:
 Michael Prager, Chief Executive                  020 8233 2001


 Paul Mitchell, Chief Financial Officer        020 8233 2001


 Adhoc PR                                                                020
 7483 0030                  
 Deborah Parritt    
 Notes to Editors:
 the real hotel company plc 
 the real hotel company is more than just a name. It is a statement of the
 Company's core values. To deliver the rich traditions of hotel keeping to a
 21st century market in a low cost environment. In short to be real hoteliers.
 The Company is an owner, operator and developer of branded hotels in the UK
 and Europe and operates 55 owned, leased or managed hotels in the UK, France,
 Germany and Belgium. It also operates the New Connaught Rooms conference and
 banqueting suite situated in London's Covent Garden.
 The Company owns the Purple Hotels* limited service brand - 'a real hotel for
 the price of an inn' which differentiates itself by adding a touch of style
 and cool to a sector that has, so far, defined itself only by price.
 It also operates hotels under the franchise Choice brands of Quality, Comfort
 and Clarion as well as six Stop Inn hotels.
 The management team has considerable experience in the hotel sector. Michael
 Prager was Managing Director of Utell International and held senior positions
 in Intercontinental and Radisson Hotel groups. Paul Mitchell was formerly
 Vice President of Financial Planning and Control for Europe, Middle East and
 Africa at Intercontinental Hotel Group in addition to holding senior finance
 positions in Granada, Forte and Allied Lyons.


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