TIDMSSTY

RNS Number : 9045Y

Safestay PLC

06 January 2020

6 January 2020

Safestay plc

("Safestay", the "Company" or the "Group")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostels, announces that on 2 January 2020 it granted awards of options over a total of 1,200,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to four Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at 33 pence per share after a period of three years from the date of grant and can only be exercised if the share price is at or above 50 pence per share.

The grants were as follows:

 
   Date of       Director/PDMR         Position          Number of       Total number 
    grant                                                 options         of Ordinary 
                                                       over Ordinary      Shares over 
                                                       Shares granted    which options 
                                                                         held following 
                                                                          notification 
 02 January                        Chief Operating 
     2020       Nuno Sacramento         Officer           300,000          1,100,000 
              ------------------  -----------------  ----------------  ---------------- 
 02 January 
     2020        Larry Lipman          Chairman           400,000          1,346,521 
              ------------------  -----------------  ----------------  ---------------- 
 02 January       Hervé       Chief Financial 
     2020           Deligny             Officer           300,000           800,000 
              ------------------  -----------------  ----------------  ---------------- 
 02 January 
     2020      Mario Di Candido    Head of Revenue        200,000           200,000 
              ------------------  -----------------  ----------------  ---------------- 
 

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) 
                                                           n/a              300,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           2 January 2020 
      ------------------------------------------------  --------------------------------------------- 
 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 
  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) 
                                                           n/a              400,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           2 January 2020 
      ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
      ------------------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                              Hervé Deligny 
      ------------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------------- 
                                                         Chief Financial 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) 
                                                           n/a              300,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           2 January 2020 
      ------------------------------------------------  --------------------------------------------- 
 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 
      ----------------------------------------------------------------------------------------------- 
                                                         Head of Revenue 
  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) 
                                                           n/a              200,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           2 January 2020 
      ------------------------------------------------  --------------------------------------------- 
 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/Laura Hamilton 
 
 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/

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

DSHUPURCGUPUGQQ

(END) Dow Jones Newswires

January 06, 2020 12:00 ET (17:00 GMT)

Safestay (LSE:SSTY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Safestay Charts.
Safestay (LSE:SSTY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Safestay Charts.