Director/PDMR Shareholding

RNS Number : 4470L

Hostelworld Group PLC

13 May 2022

 

Hostelworld Group plc ("Hostelworld" or "the Company")

13 May 2022  

Grant of Restricted Share Awards under the Long-Term Incentive Plan 

LEI: 213800OC94PF2D675H41

Restricted Share Awards

Hostelworld announces that the following grants of conditional share awards over ordinary shares in the capital of the Company were made to Directors of the Company on 12 May 2022, under the terms of the Company's Long-Term Incentive Plan. These shares represent the 2022 Restricted Share Award, as explained in the Directors' Remuneration Report included within the 2021 Annual Report and Accounts.

Director	Position	No. of conditional share awards granted
Gary Morrison	Chief Executive Officer	719,770
Caroline Sherry	Chief Financial Officer	391,459

No consideration was paid for the grant of the awards.

The award will vest in in three years' time, subject to continued employment at the date of vesting and the Remuneration Committee being satisfied with individual and Company performance over the vesting period.  

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name		1) Gary Morrison 2) Caroline Sherry
2		Reason for the notification
a)		Position/status		1) Gary Morrison - Director/Chief Executive Officer 2) Caroline Sherry - Director/Chief Financial Officer
b)		Initial notification /Amendment		Initial Notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Hostelworld Group PLC
b)		LEI		213800OC94PF2D675H41
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, type of instrument Identification code		Ordinary Shares of €0.01 each ISIN: GB00BYYN4225
b)		Nature of the transaction		1.  Grant of Conditional Share Awards made in accordance with the Hostelworld Group plc Long Term Incentive Plan.
c)		Price(s) and volume(s)
				Conditional Share Awards Price(s) Volume(s) 1) €0.00 2) €0.00 1) 719,770 (Gary Morrison) 2) 391,459 (Caroline Sherry)
d)		Aggregated information - Aggregated volume - Price		N/A
e)		Date of the transaction		12 May 2022
f)		Place of transaction		Outside a trading venue
g)		Additional information		None

Contacts: Hostelworld Group plc
John Duggan, General Counsel & Company Secretary
Tel:  [phone]

 

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