Tuesday, 14 March 2017

PACE HOLDINGS CORP. COMPLETES BUSINESS COMBINATION WITH PLAYA HOTELS & RESORTS

Combined company named Playa Hotels & Resorts and will trade on NASDAQ under PLYA

Transaction provides significant capital and complementary capabilities to further Playa’s leading position

FAIRFAX, Va., and FORT WORTH, Texas, March 13 (Bernama-GLOBE NEWSWIRE) -- Pace Holdings Corp. (“Pace”) a special-purpose acquisition company sponsored by an affiliate of TPG, today announced that it has completed its business combination with Playa Hotels & Resorts (“Playa”), a leading owner, operator, and developer of premier all-inclusive resorts. With the closing of this transaction, the combined company is named Playa Hotels & Resorts and its ordinary shares and warrants will trade on NASDAQ under the ticker symbols PLYA and PLYAW respectively beginning on Monday, March 13, 2017.

http://mrem.bernama.com/viewsm.php?idm=28666

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