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Safestay PLC (SSTY)

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Thursday 06 May, 2021

Safestay PLC

Grant of Options

RNS Number : 8054X
Safestay PLC
06 May 2021
 

6 May 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 April 2021 it granted awards of options over a total of 75,200 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to six Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at a price of 15 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 December, 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

30 April 2021

Nuno Sacramento

Chief Operating Officer

27,800

1,322,000

30 April 2021

Larry Lipman

Chairman

22,300

1,524,421

30 April 2021

Stephen Moss

Non-Executive Director

6,700

53,500

30 April 2021

Michael Hirst

Non-Executive Director

2,800

22,200

30 April 2021

Mario Di Candido

Head of Revenue

15,600

324,500

 

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

27,800

d)

Aggregated information

-  Aggregated volume

-  Price

N/A single transaction

e)

Date of the transaction

30 April 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

22,300

d)

Aggregated information

-  Aggregated volume

-  Price

N/A single transaction

e)

Date of the transaction

30 April 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

6,700

d)

Aggregated information

-  Aggregated volume

-  Price

N/A single transaction

e)

Date of the transaction

30 April 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

2,800

d)

Aggregated information

-  Aggregated volume

-  Price

N/A single transaction

e)

Date of the transaction

30 April 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

15,600

d)

Aggregated information

-  Aggregated volume

-  Price

N/A single transaction

e)

Date of the transaction

30 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

 

Enquiries:

 

Safestay plc 

+44 (0) 20 8815 1600

Larry Lipman




Liberum Capital Limited


(Nominated Adviser and Broker)

+44 (0) 20 3100 2000

Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt




Novella


Tim Robertson

+44 (0) 20 3151 7008

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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