REG - Hostelworld Grp PLC - Director/PDMR Shareholding

HostelworldAnnouncement

13/05/2022 10:45

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RNS Number : 4470L  Hostelworld Group PLC  13 May 2022

Hostelworld Group plc ("Hostelworld" or "the Company")

13 May 2022

Grant of Restricted Share Awards under the Long-Term Incentive Plan

 

LEI: 213800OC94PF2D675H41

Restricted Share Awards

Hostelworld announces that the following grants of conditional share awards
over ordinary shares in the capital of the Company were made to Directors of
the Company on 12 May 2022, under the terms of the Company's Long-Term
Incentive Plan. These shares represent the 2022 Restricted Share Award, as
explained in the Directors' Remuneration Report included within the 2021
Annual Report and Accounts.

 Director         Position                 No. of conditional share awards granted
 Gary Morrison    Chief Executive Officer  719,770
 Caroline Sherry  Chief Financial Officer  391,459

No consideration was paid for the grant of the awards.

The award will vest in in three years' time, subject to continued employment
at the date of vesting and the Remuneration Committee being satisfied with
individual and Company performance over the vesting period.

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)

 

 1       Details of the person discharging managerial responsibilities / person closely

       associated

 a)      Name                                                            1) Gary Morrison

                                                                         2) Caroline Sherry

 2       Reason for the notification

 a)      Position/status                                                 1) Gary Morrison - Director/Chief Executive Officer

                                                                         2) Caroline Sherry - Director/Chief Financial Officer

 b)      Initial notification /Amendment                                 Initial Notification

 3       Details of the issuer, emission allowance market participant, auction

       platform, auctioneer or auction monitor

 a)      Name                                                            Hostelworld Group PLC

 b)      LEI

                                                                         213800OC94PF2D675H41

 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, type of instrument     Ordinary Shares of €0.01 each

         Identification code

                                                                         ISIN: GB00BYYN4225

 b)      Nature of the transaction

                                                                         1.     Grant of Conditional Share Awards made in accordance with the
                                                                         Hostelworld Group plc Long Term Incentive Plan.

 c)      Price(s) and volume(s)
                                                                             Conditional Share Awards

Price(s)     Volume(s)
                                                                         1) €0.00     1) 719,770 (Gary Morrison)

                                                                         2) €0.00     2) 391,459 (Caroline Sherry)

 

 d)      Aggregated information                                          N/A

         - Aggregated volume

         - Price
 e)      Date of the transaction                                         12 May 2022
 f)      Place of transaction                                            Outside a trading venue
 g)      Additional information                                          None

 

 

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 May 2022

f)

Place of transaction

Outside a trading venue

g)

Additional information

None

 

 

Contacts: Hostelworld Group plc

John Duggan, General Counsel & Company Secretary

Tel:  +353 (0) 86 022 3553

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