Safestay PLC Completion of Acquisition (4799Z)
September 18 2015 - 3:09AM
UK Regulatory
TIDMSSTY
RNS Number : 4799Z
Safestay PLC
18 September 2015
18 September 2015
Safestay plc
("Safestay" or "the Company" or "the Group")
Completion of acquisition of Edinburgh Hostel
Further to its announcement of 9 September 2015, Safestay (AIM:
SSTY), the owner and operator of a new brand of contemporary
hostel, is pleased to announce that 1,209,677 Consideration Shares
were admitted to trading at 8.00 a.m. today.
Following admission of the Consideration Shares and in
accordance with the Financial Conduct Authority's Disclosure and
Transparency Rules ("DTR"), the Company's issued share capital will
comprise 34,219,134 Ordinary Shares. The above figure of 34,219,134
Ordinary Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the DTR.
All defined terms in this announcement have the same meaning as
in the Company's admission document dated 17 August 2015.
Enquiries
Safestay Tel: 020 8815 1600
Larry Lipman, Chairman
Colin Stone, Finance Director
Phil Houghton, Chief Executive
Westhouse Securities Tel: 020 7601 6100
Tom Griffiths
Richard Johnson
David Coaten
Novella Tel: 020 3151 7008
Tim Robertson
Ben Heath
For more information visit: www.safestay.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQGMGMLNRNGKZG
(END) Dow Jones Newswires
September 18, 2015 03:09 ET (07:09 GMT)
Safestay (LSE:SSTY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Safestay (LSE:SSTY)
Historical Stock Chart
From Jul 2023 to Jul 2024