Grant of options

RNS Number : 2207D

Safestay PLC

01 July 2021

 

1 July 2021

Safestay plc

("Safestay", the "Company" or the "Group")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 30 June 2021 it granted awards of options over a total of 62,700 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to five Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at a price of 18 pence after a period of one year from the date of grant and were awarded in lieu of a 40% reduction of salary in the month of June, as previously announced on 13 October 2020.

The grants were as follows:

Date of grant	Director/PDMR	Position	Number of options over Ordinary Shares granted	Total number of Ordinary Shares over which options held following notification
31 May 2021	Nuno Sacramento	Chief Operating Officer	23,200	1,369,800
31 May 2021	Larry Lipman	Chairman	18,600	1,562,721
31 May 2021	Stephen Moss	Non-Executive Director	5,600	65,000
31 May 2021	Michael Hirst	Non-Executive Director	2,300	26,900
31 May 2021	Mario Di Candido	Head of Revenue	13,000	351,300

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nuno Sacramento
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestay plc
b)	LEI	213800H1MT2FZDI3HK90
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01p par value GB00BKT0J702
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 23,200
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Larry Lipman
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestay plc
b)	LEI	213800H1MT2FZDI3HK90
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01p par value GB00BKT0J702
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 18,600
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Moss
2	Reason for the notification
a)	Position/status	Non Executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestay plc
b)	LEI	213800H1MT2FZDI3HK90
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01p par value GB00BKT0J702
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 5,600
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Hirst
2	Reason for the notification
a)	Position/status	Non Executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestay plc
b)	LEI	213800H1MT2FZDI3HK90
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01p par value GB00BKT0J702
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 2,300
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mario Di Candido
2	Reason for the notification
a)	Position/status	Head of Revenue
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestay plc
b)	LEI	213800H1MT2FZDI3HK90
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01p par value GB00BKT0J702
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 13,000
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	Outside a trading venue

Enquiries:

Safestay plc	[phone]
Larry Lipman
Liberum Capital Limited
(Nominated Adviser and Broker)	[phone]
Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt
Novella
Tim Robertson	[phone]

Fergus Young

For more information visit our:

Website   www.safestay.com  

Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/  

Instagram page www.instagram.com/safestayhostels/

 

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