REG - Hostelworld Grp PLC - Total Voting Rights

HostelworldAnnouncement

30/04/2024 08:45

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RNS Number : 5703M  Hostelworld Group PLC  30 April 2024

LEI:213800OC94PF2D675H41

30 April 2024

Hostelworld Group plc

(the "Company")

Issue of Shares in connection with the Company's Long Term Incentive Plan,
Save as You Earn scheme and Total Voting Rights

On 29 April 2024 Zedra Trust Company (Guernsey) Limited, the trustee of the
Hostelworld Group Employee Benefit Trust (the "Trustee" and the "Trust"),
subscribed for 1,345,870 ordinary shares of €0.01 each in the capital of the
Company for a subscription price equal to the nominal value per share (the
"EBT Shares").  The EBT Shares will be used to satisfy restricted share
awards granted by the Company under its Long-Term Incentive Plan (the "Plan")
as and when they vest/become exercisable in accordance with the rules of the
Plan.

A further 5,245 ordinary shares of €0.01 each in the capital of the Company
were allotted and issued in connection with the Company's SAYE scheme on 22
April 2024 for a subscription price equal to the nominal value per share (the
"SAYE Shares").

The EBT Shares and SAYE Shares rank pari passu in all respects with the
existing issued shares of the Company.

In accordance with DTR 5.6.1R, following the above share issue, the Company's
issued share capital consists of 124,989,783 ordinary shares of €0.01 each
(the "Ordinary Shares"), with one vote per share.  The Company does not hold
any Ordinary Shares in treasury.  Therefore, the total number of voting
rights is 124,989,783 and this is the figure which may be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
the Company under either the FCA's Disclosure Guidance and Transparency Rules
or the Transparency (Directive 2004/109/EC) Regulations 2007, as amended.

For further information, please contact:

Hostelworld Group plc

John Duggan, Company
Secretary
Tel: +353 86 022 3553

 

About Hostelworld Group

Hostelworld Group PLC is a ground-breaking social network powered Online
Travel Agent ("OTA") focused on the hostelling category, with a clear mission
to help travellers find people to hang out with. Our mission statement is
founded on the insight that most travellers go hostelling to meet other
people, which we facilitate through a series of social features on our
platform that connect our travellers in hostels and cities based on their
booking data. The strategy has been extraordinarily successful, generating
significant word of mouth recommendations from our customers and strong
endorsements from our hostel partners.

Founded in 1999 and headquartered in Ireland, Hostelworld is a well-known
trusted brand with almost 230 employees, hostel partners in over 180
countries, and a long-standing commitment to building a better world. To that
end, our focus over the last few years has been on improving the
sustainability of the hostelling industry. In particular, over the last two
years we have commissioned independent research to validate the category's
sustainability credentials, and recently introduced a hostel specific
sustainability framework which encourages our hostel partners to move to even
more sustainable operations and also provides the data points for our
customers to make more informed decisions about where they stay. In addition,
our customers are now able to offset their trip's carbon emissions should they
wish to do so, and we have maintained our 'Funding Climate Action' label
awarded by South Pole.

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