Safestay PLC Grant of Options (7846P)
February 12 2019 - 7:00AM
UK Regulatory
TIDMSSTY
RNS Number : 7846P
Safestay PLC
12 February 2019
12 February 2019
Safestay plc
("Safestay", the "Company" or the "Group")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a new brand of
contemporary hostel, announces that it has granted awards of nil
cost options over a total of 600,000 Ordinary Shares of 1 pence
each under the Company's existing share option scheme on 11 October
2018 and 1 January 2019 (the "Options").
The Options granted on 1 January 2019 are exercisable at 34
pence per share after a period of three years from the date of
grant. The Options granted on 11 October are exercisable at 42
pence per share after a period of three from the date of grant.
The grants were as follows:
Date of grant PDMR Position Number of Total number
options over of Ordinary
Ordinary Shares over
Shares granted which options
held following
notification
11 October Chief Operating
2018 Nuno Sacramento Officer 100,000 600,000
----------------- ------------------ ---------------- ----------------
1 January
2019 Larry Lipman CEO and Chairman 300,000 946,521
----------------- ------------------ ---------------- ----------------
1 January Chief Operating
2019 Nuno Sacramento Officer 200,000 800,000
----------------- ------------------ ---------------- ----------------
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
-----------------------------------------------------------------------------------------------
Chief Operating Officer
a) Position/status
------------------------------------------------ ---------------------------------------------
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 Ordinary shares of GBP0.01p par value
Identification code GB00BKT0J702
------------------------------------------------ ---------------------------------------------
b) Nature of the transaction Grant of options
------------------------------------------------ ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Cost
Options 100,000
-------------
------------------------------------------------ ---------------------------------------------
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
------------------------------------------------ ---------------------------------------------
e) Date of the transaction 11 October 2018
------------------------------------------------ ---------------------------------------------
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
-----------------------------------------------------------------------------------------------
Chairman and CEO
a) Position/status
------------------------------------------------ ---------------------------------------------
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 Ordinary shares of GBP0.01p par value
Identification code GB00BKT0J702
------------------------------------------------ ---------------------------------------------
b) Nature of the transaction Grant of options
------------------------------------------------ ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Cost
Options 300,000
-------------
------------------------------------------------ ---------------------------------------------
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
------------------------------------------------ ---------------------------------------------
e) Date of the transaction 01 January 2019
------------------------------------------------ ---------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------ ---------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Nuno Sacramento
------------------------------------------------ ---------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
Chief Operating Officer
a) Position/status
------------------------------------------------ ---------------------------------------------
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 Ordinary shares of GBP0.01p par value
Identification code GB00BKT0J702
------------------------------------------------ ---------------------------------------------
b) Nature of the transaction Grant of options
------------------------------------------------ ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Cost
Options 200,000
-------------
------------------------------------------------ ---------------------------------------------
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
------------------------------------------------ ---------------------------------------------
e) Date of the transaction 1 January 2019
------------------------------------------------ ---------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------ ---------------------------------------------
Enquiries:
Safestay plc +44 (0) 20 8815 1600
Larry Lipman
Nuno Sacramento
Hervé Deligny
Canaccord Genuity Limited
(Nominated Adviser and Broker) +44 (0) 20 7523 8000
Chris Connors
Martin Davison
Michael Reynolds
Novella +44 (0) 20 3151 7008
Tim Robertson
Toby Andrews
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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