TIDMSAFE

RNS Number : 2182U

Safestore Holdings plc

24 March 2023

24 March 2023

Safestore Holdings plc (the "Company")

Exercise of Awards under the Safestore 2020 Long Term Incentive Plan

Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")

The Company announces that on 24 March 2023 nil cost options (the "Options") granted over in aggregate 228,014 shares, under the Safestore 2020 Long Term Incentive Plan ("2020 LTIP"), approved by shareholders at its general meeting held on 18 March 2020, were exercised by Frederic Vecchioli and Andy Jones (the "PDMRs"). The Options were satisfied by the Company's employee benefit trust using newly issued shares.

The Company further announces that on 24 March 2023, in aggregate 109,119 shares were sold by the PDMRs to settle their withholding tax and National Insurance contributions liabilities and dealing costs arising in connection with the exercise, as further detailed below.

Frederic Vecchioli has instructed that his remaining 69,468 ordinary shares be transferred into a nominee account held jointly with his wife, a person closely associated with him, for nil consideration.

Following the sale of shares, as notified below, Frederic Vecchioli (including those held jointly with his wife) and Andy Jones retained the balance of their shares with their aggregate holdings being 3,232,754 shares (representing 1.48% of the Company's issued share capital) and 1,301,726 (representing 0.60% of the Company's issued share capital) respectively.

The relevant notifications set out below are provided in accordance with the requirements of 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.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      FREDERIC VECCHIOLI 
     ======================================== 
 2    Reason for the notification 
 a)   Position/status                           PDMR, CHIEF EXECUTIVE OFFICER 
     ======================================== 
 b)   Initial notification                      INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                      SAFESTORE HOLDINGS PLC 
 b)   LEI                                       213800WGA3YSJC1YOH73 
     ======================================== 
 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                            ORDINARY SHARES OF 1P EACH 
       the financial 
       instrument, type                          GB00B1N7Z094 
       of instrument 
       Identification 
       code 
     ======================================== 
 b)   Nature of the                             Acquisition of ordinary shares upon the 
       transaction                               exercise of nil-cost awards granted under 
                                                 the 2020 Long Term Incentive Plan. 
 c)   Price(s) and volume(s)                          Price(s)               Volume(s) 
                                                       GBPNil                 133,147 
     ========================================  ===================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    133,147 
                                                  GBPNil 
 e)   Date of the transaction                   24 March 2023 
     ======================================== 
 f)   Place of the transaction                  Outside a trading venue 
===  ========================================  ============================================= 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                  FREDERIC VECCHIOLI 
     ==================================== 
 2    Reason for the notification 
 a)   Position/status                       PDMR, CHIEF EXECUTIVE OFFICER 
     ==================================== 
 b)   Initial notification                  INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                  SAFESTORE HOLDINGS PLC 
 b)   LEI                                   213800WGA3YSJC1YOH73 
     ==================================== 
 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                        ORDINARY SHARES OF 1P EACH 
       the financial 
       instrument, type                      GB00B1N7Z094 
       of instrument 
       Identification 
       code 
     ==================================== 
 b)   Nature of the                         Sale of ordinary shares to settle withholding 
       transaction                           tax and National Insurance contributions 
                                             liabilities and dealing costs arising in 
                                             connection with the exercise. 
 c)   Price(s) and volume(s)                         Price(s)                Volume(s) 
                                                    GBP8.994098                63,679 
     ====================================  =========================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                63,679 
                                              GBP8.994098 
 e)   Date of the transaction               24 March 2023 
     ==================================== 
 f)   Place of the transaction              LONDON STOCK EXCHANGE (XLON) 
===  ====================================  ================================================ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Laetitia VECCHIOLI 
     ======================================== 
 2    Reason for the notification 
 a)   Position/status                           PCA OF CHIEF EXECUTIVE OFFICER 
     ======================================== 
 b)   Initial notification                      INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                      SAFESTORE HOLDINGS PLC 
 b)   LEI                                       213800WGA3YSJC1YOH73 
     ======================================== 
 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                            ORDINARY SHARES OF 1P EACH 
       the financial 
       instrument, type                          GB00B1N7Z094 
       of instrument 
       Identification 
       code 
     ======================================== 
 b)   Nature of the                             Transfer of shares from Frederic Vecchioli's 
       transaction                               sole name to an account held in Frederic 
                                                 and Laetitia Vecchioli's joint names 
 c)   Price(s) and volume(s)                          Price(s)                Volume(s) 
                                                        GBPNil                  69,468 
     ========================================  ====================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    69,468 
                                                  GBPNil 
 e)   Date of the transaction                   24 March 2023 
     ======================================== 
 f)   Place of the transaction                  OUTSIDE A TRADING VENUE 
===  ========================================  =============================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      ANDY JONES 
     ======================================== 
 2    Reason for the notification 
 a)   Position/status                           PDMR, CHIEF FINANCIAL OFFICER 
     ======================================== 
 b)   Initial notification                      INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                      SAFESTORE HOLDINGS PLC 
 b)   LEI                                       213800WGA3YSJC1YOH73 
     ======================================== 
 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                            ORDINARY SHARES OF 1P EACH 
       the financial 
       instrument, type                          GB00B1N7Z094 
       of instrument 
       Identification 
       code 
     ======================================== 
 b)   Nature of the                             Acquisition of ordinary shares upon the 
       transaction                               exercise of nil-cost awards granted under 
                                                 the 2020 Long Term Incentive Plan. 
 c)   Price(s) and volume(s)                          Price(s)               Volume(s) 
                                                       GBPNil                  94,867 
     ========================================  ===================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    94,867 
                                                  GBPNil 
 e)   Date of the transaction                   24 March 2023 
     ======================================== 
 f)   Place of the transaction                  Outside a trading venue 
===  ========================================  ============================================= 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                  ANDY JONES 
     ==================================== 
 2    Reason for the notification 
 a)   Position/status                       PDMR, CHIEF FINANCIAL OFFICER 
     ==================================== 
 b)   Initial notification                  INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                  SAFESTORE HOLDINGS PLC 
 b)   LEI                                   213800WGA3YSJC1YOH73 
     ==================================== 
 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                        ORDINARY SHARES OF 1P EACH 
       the financial 
       instrument, type                      GB00B1N7Z094 
       of instrument 
       Identification 
       code 
     ==================================== 
 b)   Nature of the                         Sale of ordinary shares to settle withholding 
       transaction                           tax and National Insurance contributions 
                                             liabilities and dealing costs arising in 
                                             connection with the exercise. 
 c)   Price(s) and volume(s)                         Price(s)                Volume(s) 
                                                    GBP8.994098                45,440 
     ====================================  =========================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                45,440 
                                              GBP8.994098 
 e)   Date of the transaction               24 March 2023 
     ==================================== 
 f)   Place of the transaction              LONDON STOCK EXCHANGE (XLON) 
===  ====================================  ================================================ 
 

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