REG - Hostelworld Grp PLC - Director/PDMR Shareholding
01/03/2023 09:30
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RNS Number : 4986R Hostelworld Group PLC 01 March 2023
LEI: 213800OC94PF2D675H41
01 March 2023
Hostelworld Group plc ("Hostelworld" or "the Company")
Restricted Share Awards
Hostelworld announces that on 28 February 2023 the following shares in the
capital of the Company were issued (via the Company's employee benefit trust)
to Gary Morrison and Caroline Sherry (the "PDMRs") to satisfy the vesting of
conditional share awards granted to the PDMRs on 27 April 2021 under the terms
of the Company's Long-Term Incentive Plan.
As announced on 28 April 2021, the awards vest in two tranches. The first
tranche (representing 50 per cent of the award) vested on 28 February 2022 and
the second tranche (representing the remaining 50 per cent of the award)
vested on 28 February 2023.
The Company also announces that on 28 February 2023, the following shares were
sold on the PDMRs' behalf to settle their withholding tax liabilities in
relation to the vesting event.
The relevant notifications set out below are provided in accordance with the
requirements of (i) Article 19 of the UK version of the EU Market Abuse
Regulation which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018; and (ii) Article 19 of Regulation (EU) No 596/2014 of
the Parliament and of the Council of 16 April 2014 on market abuse which has
effect in Ireland.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name (i) Gary Morrison
(ii) Caroline Sherry
2 Reason for the notification
a) Position/status (i) Chief Executive Officer
(ii) 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 in the capital of Hostelworld Group plc
Identification code
ISIN: GB00BYYN4225
b) Nature of the transaction Acquisition of ordinary shares pursuant to the vesting of conditional share
awards granted on 27 April 2021 under the Company's Long Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) Nil (i) 215,199
(ii) Nil (ii) 133,408
d) Aggregated information See 4(c) above
- Aggregated volume
- Price
e) Date of the transaction 28 February 2023
f) Place of the transaction Outside a trading venue
g) Additional Information
d)
Aggregated information
- Aggregated volume
- Price
See 4(c) above
e)
Date of the transaction
28 February 2023
f)
Place of the transaction
Outside a trading venue
g)
Additional Information
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name (i) Gary Morrison
(ii) Caroline Sherry
2 Reason for the notification
a) Position/status (i) Chief Executive Officer
(ii) 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 in the capital of Hostelworld Group plc
Identification code
ISIN: GB00BYYN4225
b) Nature of the transaction Sale of ordinary shares acquired upon vesting of conditional share awards
granted on 27 April 2021 under the Company's Long Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) £1.39 (i) 112,467
(ii) £1.39 (ii) 69,723
d) Aggregated information See 4(c) above
- Aggregated volume
- Price
e) Date of the transaction 28 February 2023
f) Place of the transaction Outside a trading venue
g) Additional Information
d)
Aggregated information
- Aggregated volume
- Price
See 4(c) above
e)
Date of the transaction
28 February 2023
f)
Place of the transaction
Outside a trading venue
g)
Additional Information
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