Safestay PLC Director/PDMR Shareholding (8413F)

TIDMSSTY

RNS Number : 8413F

Safestay PLC

12 March 2020

Safestay plc

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

Director Dealing

Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, has been notified that Larry Lipman, Chairman of the Company, purchased 15,000 Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") on 10 March 2020 at a price of 18.5 pence per share and 50,000 Ordinary Shares on 11 March 2020 at a price of 19.25 pence per share. Following these purchases, Larry Lipman now holds 271,054 Ordinary Shares, representing 0.41% of the Company's issued share capital.

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                                             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 GBP0.01 par value 
         Identification code                              GB00BKT0J702 
       -----------------------------------------------  ----------------------------------------------- 
 b)     Nature of the transaction                        Purchase 
       -----------------------------------------------  ----------------------------------------------- 
 c)     Price(s) and volume(s)                            Price(s)    Volume(s) 
                                                           18.5p           15,000 
                                                            19.25p          50,000 
                                                                     ------------- 
       -----------------------------------------------  ----------------------------------------------- 
 d)     Aggregated information 
   - Aggregated volume - Price                            65,000 
                                                           19.1p 
 -----------------------------------------------------  ----------------------------------------------- 
 e)     Date of the transaction                          10 and 11 March 2020 
       -----------------------------------------------  ----------------------------------------------- 
 f)     Place of the transaction                         London Stock Exchange, AIM Market (XLON) 
       -----------------------------------------------  -----------------------------------------------

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR).

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

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