Director/PDMR Shareholding

RNS Number : 0853M

Safestay PLC

26 July 2017

 

26 July 2017

Safestay plc

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

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostel, announces that on 14 July 2017 it has granted the following nil cost options under the Company's existing share option scheme exercisable above 60 pence per share after a period of two years from grant to Persons Discharging Managerial Responsibility ("PDMRs") as listed below.

PDMR	Position	Number of Options granted
Larry Lipman	Chairman	250,000
Nuno Sacramento	Chief Operating Officer	500,000

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	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) Nil Cost Options 250,000
d)	Aggregated information -         Aggregated volume -         Price	N/A single transaction
e)	Date of the transaction	14 July 017
f)	Place of the transaction	Outside a trading venue

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) Nil Cost Options 500,000
d)	Aggregated information -         Aggregated volume -         Price	N/A single transaction
e)	Date of the transaction	14 July 017
f)	Place of the transaction	Outside a trading venue

Enquiries

Safestay plc	[phone]
Mark Beveridge, Finance Director
Canaccord Genuity Limited (Nominated Adviser and Broker)	[phone]
Bruce Garrow
Chris Connors Ben Griffiths
Novella
Tim Robertson	[phone]
Toby Andrews

 

END

 

 

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