Director/PDMR Shareholding

RNS Number : 9045Y

Safestay PLC

06 January 2020

 

6 January 2020

Safestay plc

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

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostels, announces that on 2 January 2020 it granted awards of options over a total of 1,200,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to four Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at 33 pence per share after a period of three years from the date of grant and can only be exercised if the share price is at or above 50 pence per share.

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
02 January 2020	Nuno Sacramento	Chief Operating Officer	300,000	1,100,000
02 January 2020	Larry Lipman	Chairman	400,000	1,346,521
02 January 2020	Hervé Deligny	Chief Financial Officer	300,000	800,000
02 January 2020	Mario Di Candido	Head of Revenue	200,000	200,000

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	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 300,000
d)	Aggregated information -            Aggregated volume -            Price	N/A single transaction
e)	Date of the transaction	2 January 2020
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 400,000
d)	Aggregated information -            Aggregated volume -            Price	N/A single transaction
e)	Date of the transaction	2 January 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hervé Deligny
2	Reason for the notification
a)	Position/status	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	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 300,000
d)	Aggregated information -            Aggregated volume -            Price	N/A single transaction
e)	Date of the transaction	2 January 2020
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 200,000
d)	Aggregated information -            Aggregated volume -            Price	N/A single transaction
e)	Date of the transaction	2 January 2020
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/Laura Hamilton
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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