10% holder buying at Temple Hotels (TPH)

10% holder buying at Temple Hotels (T:TPH)

Sime Armoyan, a 10% Holder, acquired 839,700 Common Shares on a control or direction basis for registered holder G2S2 Capital Inc. at prices ranging from $1.600 to $1.650 between May 1st, 2019 and May 2nd, 2019. This represents a $1,355,383 investment into the company's shares and an account share holdings change of 15.3%.

Temple Hotels is in the Specialized REITs Sub Industry Group under the Financials Sector.

Temple Hotels Inc. is a Canada-based company engaged in owning and operating hotel property investments in Canada. The Company's segments include Fort McMurray, Other Alberta and Other Canada. The Company invests, directly and indirectly, in hotel properties and assets. The primary business activity of the Company is the acquisition and development of hotel properties and the management of the acquired/developed properties. The hotel portfolio of the Company consists of over 30 hotel and investment properties, which are owned by the Company, comprising approximately 3,880 rooms. The hotel portfolio includes two extended-stay properties (Stanton Suites Hotel, Yellowknife and Clearwater Timberlea) and one investment property (Cortona Residence). It has equity interests in limited partnerships, which own hotels in London and Ottawa, Ontario. The Company offers food and beverages, spa, video lottery terminal and gift shop services. Temple Hotels Inc. (TPH) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has invested a total amount of $1,355,383.