The company was incorporated on the 4th July 1895 and to this day carries on the business of hoteliers, giving it a sound track record. It operates as the Hydro Hotel, Mount Road, Eastbourne, East Sussex.

The Board consists of five non-executive directors; there are approximately 420 shareholders.

The directors are committed to maintaining high standards of corporate governance and believe that the structure and composition of the company’s board is appropriate and suitable in light of the size and nature of the company, notwithstanding that the structure and composition is not fully compliant with all the recommendations in UK Corporate Governance Codes.

The shares of Hydro Hotel, Eastbourne, PLC, are traded on the AQSE growth market. If you wish to buy or sell shares in Hydro Hotel Eastbourne, PLC please contact your own stockbroker.

Alternatively you may use the following link to the Aquis stock exchange for a list of brokers who deal in shares traded on the AQSE growth market. CLICK HERE

There is also a shareholder’s discount scheme where shareholders who have acquired at least 200 shares qualify for a special 10% shareholder discount on the following:

  • All overnight accommodation tariffs for the Hydro Hotel including special breaks (excluding Christmas and New Year, plus events such as opera dinners or guest speaker luncheons)
  • Your dining bill in the Crystal restaurant for luncheon or dinner
  • Shareholders personal functions, for example weddings and anniversaries
  • Food ordered from the lounge or conservatory menu with a minimum spend of £10
  • Hair treatments in the salon

Nominee shareholders

Please note that if you hold your Hydro Hotel, Eastbourne, PLC shares using a nominee account with your stockbroker or bank, you will not automatically receive the Company’s annual report and accounts or other documents posted to shareholders, unless you have made specific arrangements with the stockbroker or bank.

Similarly, unless you have made specific arrangements with your stockbroker or your bank, it is likely that you will be unable to attend or vote at the Company’s Annual General Meeting or at other meetings convened by the Company.

Shareholders using a nominee account are therefore strongly advised to speak to their stockbroker or bank to ensure that they receive shareholder documents issued by the Company and that they are in fact able to attend and vote at meetings convened by the Company.

Please note that the Shareholder’s discount only applies to full tariff breaks and cannot be used in conjunction with any discounted voucher, or advanced purchase accommodation rate.

Company Information

Principal activity

The principal activity of the company is the operation of the Hydro Hotel in the United Kingdom.

Company registration

Hydro Hotel, Eastbourne, PLC is a company registered in England and Wales No: 44514, regulated under the Companies Act 2006, VAT registered No: 190 3023 96. The company was admitted for trading in 1980 to a market which pre-dated the AQSE growth market and for which there is no historic admission document available.

For a link to the company’s Articles of Association please CLICK HERE

Registered office and trading address:

Mount Road, Eastbourne, East Sussex BN20 7HZ

Advisors & Directors

Directors and their biographical details

C J Bean – non-executive chairman of the board, appointed to the board on 10 June 2014. Mr Bean has a Bachelor of Laws degree from Southampton University and is a qualified solicitor. Mr Bean was a partner in a regional multi-office firm of solicitors until 2021 when he acquired his own law firm and is now senior partner at Janet Sinden & Co in Hastings. He is also a Non-Executive Director of the Let’s Do Business Group of Companies. He oversees legal matters and Health & Safety policy for the company.

G C King – non-executive, appointed to the board on 13 January 2004. Mr King has a Masters degree in physics and economics from the University of St Andrews and is a qualified chartered accountant with the Institute of Chartered Accountants of Scotland. He worked as an insurance, audit and risk management specialist in Canada for several years. He returned to London in 1984 to take a succession of senior roles at the Lloyds Insurance Market for ten years. Since then he has held a number of directorship and consultancy roles in the City and elsewhere. He brings to the board wide experience of business, finance and general management at board level, good City connections, and expertise in insurance matters.

C P Freeman – non-executive, appointed to the board on 11 January 2005. Mr Freeman is a chartered accountant with the Institute of Chartered Accountants in England and Wales. He worked for four years in London with Binder Hamlyn before joining Grant Thornton and becoming a partner for six years. Mr Freeman was then a partner in a provincial accountancy practice until 2017 and remains involved with a number of charities and voluntary organisations.

J D Tuhey – non-executive, appointed to the board on 31 July 2014. Mr Tuhey has an honours degree in economics from Durham University and a post graduate diploma in building management from University of Westminster. Mr Tuhey is the commercial claims manager at CC Flint & Co Ltd. He oversees property matters and insurances for the company.

Mrs S A Gausden – non executive, appointed to the board on 13 December 2016. Mrs Gausden has a History degree from Royal Holloway College, University of London and is a chartered accountant, a member of the Institute of Chartered Accountants in England and Wales. Mrs Gausden was a partner in a provincial accountancy practice. She is Private Client Director at the company’s advisory accountants, Plummer Parsons,  Chartered Accountants, and has been Company Secretary since April 2016.


Share Registrars – Neville Registrars Limited, Neville House, Steelpark Road, Halesowen, West Midlands B62 8HD, telephone 0121 585 1131, email web address

Corporate Advisers – Peterhouse Capital Limited, 3rd Floor, 80 Cheapside, London EC2V 6EE.

Auditors – UHY Hacker Young LLP, Quadrant House, 4 Thomas More Square, London E1W 1YW.

Accountants – Plummer Parsons, 18 Hyde Gardens, Eastbourne, East Sussex BN21 4PT.

Investor Relations

Number of shares in issue

600,000 £1 ordinary shares of which 398,603 – 66% are deemed under Aquis stock exchange rules to be in public hands.

The company does not have any outstanding instruments convertible into, or conferring a right to subscribe for, ordinary shares in the company.


List of substantial shareholdingsShareholdingPercentage of shares in issue
Bank of New York (Nominees) Ltd65,00010.83%
Mrs E M Foster60,56510.09%
Mrs P A Gray55,5559.26%
Redmayne Bentley Nominees 18,5013.08%
Mrs B Halifax18,1413.02%

Company Reports

Published annual reports for the five previous financial years

Announced interim reports for the five previous financial years


Circulars sent to shareholders in the last 12 months


Regulatory Announcements in the last five years


Risk warning disclaimer: The Company’s share price may go down as well as up and the investor may not get back the amount invested.  However, there is only one market maker and the investor’s ability to trade the shares may therefore be restricted. Past performance is no guide to future performance.

The Directors of Hydro Hotel, Eastbourne, PLC accept responsibility for this announcement, which has been approved for the purposes of the Financial Services and Markets Act 2000 by Peterhouse Capital Limited, New Liverpool House, 15-17 Eldon Street, London, United Kingdom EC2M 7LD who are authorised by the Financial Conduct Authority for investment business.