Pandox has completed previously announced acquisition of DoubleTree by Hilton Edinburgh City Centre

The hotel property will be reported in the business segment Own Operations. The total transaction value amounts to approximately MGBP 49.

For more information about the transaction, please see the press release from 4 September 2024 when the acquisition was announced.

FOR MORE INFORMATION, PLEASE CONTACT:

Liia Nõu, CEO, +46 (8) 506 205 50

Anneli Lindblom, CFO, +46 (0) 765 93 84 00

Anders Berg, SVP Head of Communications and IR, +46 (0) 760 95 19 40

The information was submitted for publication, through the agency of the contact persons set out above, at 14:15 CEST on 1 October 2024.

About Pandox
Pandox owns, develops, and leases hotel properties to skilled hotel operators under long-term, turnover-based leases with minimum guaranteed levels. Since our inception in 1995, we have grown into one of the largest hotel property owners in Europe. Our portfolio consists of 161 hotel properties with approximately 35,600 rooms across 11 countries in Northern Europe. The portfolio's market value is more than SEK 70bn. The head quarter is in Stockholm, and we are listed on Nasdaq Stockholm. www.pandox.se.