Statement re Major Shareholding Notifications

RNS Number : 4813W

Hostelworld Group PLC

23 April 2021

 

  LEI: 213800OC94PF2D675H41

23 April 2021  

Hostelworld Group plc

("Hostelworld" or the "Company")

Major Shareholding Notifications

Following the exit of the United Kingdom from the European Union and the subsequent end of the Brexit transition period on 31 December 2020, Hostelworld as a public limited company incorporated in England and Wales with its shares admitted to trading on both the main market of the London Stock Exchange plc and the main market of the Irish Stock Exchange plc (trading as Euronext Dublin), announced on 19 March 2021 that its EU Home Member State for the purposes of the EU Transparency Directive (Directive 2004/109/EC, as amended) is Ireland.

As a result, shareholders should be aware that, in addition to their existing major shareholding notification obligations under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules which remain unchanged, shareholders are now subject to a separate and independent regime for major shareholding notifications in Ireland pursuant to the Transparency (Directive 2004/109/EC) Regulations 2007, as amended, and the Central Bank (Investment Market Conduct) Rules 2019.

For further information in relation to major shareholding notifications, please refer to the Hostelworld Group corporate website at the following link:  https://www.hostelworldgroup.com/investors/major-shareholder-notifications  

This information is provided for general guidance only. Shareholders are advised to seek their own professional advice on their individual notification requirements in accordance with law and regulation.

Contacts:

Hostelworld Group plc
John Duggan

General Counsel and Company Secretary 

Tel:  [phone]

Powerscourt

Lisa Kavanagh/ Eavan Gannon    

Tel: [phone]

[e-mail]  

About Hostelworld Group 

Hostelworld Group, the global hostel-focused online booking platform, inspires passionate travellers to Meet The World, and come back with life-changing stories to tell. Our customers are not your average tourists; they crave cultural connection and unique experiences that we make possible by providing an unbeatable selection of hostels in unmissable locations - all in the palm of their hand.

It is the social nature and community feel of hostels and their environment that enable travellers to embrace journeys of discovery, adventure and meaning. We have more than 13 million reviews across over 17,000 hostels in more than 179 countries, making our brand the leading online hub for social travel. Our website operates in 19 different languages and our mobile app in 13 languages.

 

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