Hostelworld Group PLC Director/PDMR Shareholding
May 02 2024 - 9:23AM
RNS Regulatory News
RNS Number : 0559N
Hostelworld Group PLC
02 May 2024
LEI: 213800OC94PF2D675H41
2 May 2024
Hostelworld Group plc ("Hostelworld" or
"the Company")
Director/ PDMR
Shareholding
Hostelworld announces that on 2 May 2024 the
following shares in the capital of the Company were issued (via the
Company's employee benefit trust) to Gary Morrison and Caroline
Sherry (the "PDMRs") to
satisfy the vesting of awards granted to the PDMRs on 27 April 2021
under the terms of the Company's Long-Term Incentive
Plan.
The relevant notifications set out below are
provided in accordance with the requirements of (i) Article 19 of
the UK version of the EU Market Abuse Regulation which is part of
UK law by virtue of the European Union (Withdrawal) Act 2018; and
(ii) Article 19 of Regulation (EU) No 596/2014 of the Parliament
and of the Council of 16 April 2014 on market abuse which has
effect in Ireland.
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
a)
|
Name
|
(i)
Gary Morrison
(ii)
Caroline Sherry
|
2
|
Reason for the notification
|
a)
|
Position/status
|
(i)
Chief Executive Officer
(ii)
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 in the capital of
Hostelworld Group plc
ISIN: GB00BYYN4225
|
b)
|
Nature of the
transaction
|
Acquisition of ordinary shares pursuant to the
vesting of awards granted on 27 April 2021 under the Company's Long
Term Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
(i)
Nil
(ii)
Nil
|
(i)
480,354
(ii)
238,228
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
See 4(c) above
|
e)
|
Date of the transaction
|
2 May 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
g)
|
Additional Information
|
-
|
Hostelworld further announces that on 2 May
2024 the following shares were sold on the PDMRs' behalf to provide
for the settlement of the PDMRs' tax liabilities arising in
connection with the acquisition of shares on 2 May 2024 under the
terms of the Company's Long-Term Incentive Plan.
The relevant notifications set out below are
provided in accordance with the requirements of (i) Article 19 of
the UK version of the EU Market Abuse Regulation which is part of
UK law by virtue of the European Union (Withdrawal) Act 2018; and
(ii) Article 19 of Regulation (EU) No 596/2014 of the Parliament
and of the Council of 16 April 2014 on market abuse which has
effect in Ireland.
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
a)
|
Name
|
(i)
Gary Morrison
(ii)
Caroline Sherry
|
2
|
Reason for the notification
|
a)
|
Position/status
|
(i)
Chief Executive Officer
(ii)
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 in the capital of
Hostelworld Group plc.
ISIN: GB00BYYN4225
|
b)
|
Nature of the
transaction
|
Sale of ordinary shares acquired upon vesting
of awards granted on 27 April 2021 under the Company's Long Term
Incentive Plan.
|
c)
|
Price(s) and volume(s)
|
2 May 2024
Price(s)
|
Volume(s)
|
(i)
£1.58
(ii)
£1.58
|
(i)
254,587
(ii)
126,260
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
See 4(c) above
|
e)
|
Date of the transaction
|
2 May 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
g)
|
Additional Information
|
-
|
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