Safestay PLC Grant of Options (4150J)

TIDMSSTY

RNS Number : 4150J

Safestay PLC

15 August 2023

Safestay plc

("Safestay" or the "Company")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 15 August 2023 it granted an award of options over a total of 300,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme (the "Options") to Peter Zielke, Chief Operating Officer, who joined the Company on 8 November 2022.

The Options are exercisable at a price of 24 pence after a period of three years from 15 August 2023 dependent on continued employment over this period.

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                              Peter Zielke 
      ------------------------------------------------  --------------------------------------------- 
 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                           15 August 2023 
      ------------------------------------------------  --------------------------------------------- 
 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/Miquela Bezuidenhoudt 
 
 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/

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END

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