Orient-Express shareholders led by Reyl & Cie buy 4.27 million shares

By Lisa Kerner

Charlotte, N.C., Nov. 24 - Reyl & Cie SA and Carey Trustees Ltd. bought 4,273,077 shares of Orient-Express Hotels Ltd. between Nov. 7 and Nov. 14.

The shares were priced from $6.50 to $8.4177 each, it was reported in a schedule 13D filed with the Securities and Exchange Commission.

With the purchase, the investors beneficially own a total of approximately 4.27 million shares or 8.38% of the Hamilton, Bermuda-based luxury hotel and restaurant operator.

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