Safestay PLC Director/PDMR Shareholding (0124G)

TIDMSSTY

RNS Number : 0124G

Safestay PLC

13 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 75,000 Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") on 12 March 2020 at a price of 18.8 pence per share. Following this purchase, Larry Lipman now holds 346,054 Ordinary Shares, representing 0.54% 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) 
                                                         18.8p           75,000 
                                                                   ------------ 
      ----------------------------------------------  ----------------------------------------------- 
 d)    Aggregated information                          As above 
      ----------------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction                         12 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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March 13, 2020 03:00 ET (07:00 GMT)

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