REG - Safestay PLC - Exercise of Options

SafestayAnnouncement

24/05/2023 07:00

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RNS Number : 4179A  Safestay PLC  24 May 2023

23 May 2023

 

Safestay plc

("Safestay", the "Company" or the "Group")

Exercise of Share Options and Total Voting Rights

 

Safestay (AIM: SSTY), the owner and operator of an international brand of
contemporary hostels, announces that, further to the exercise of share options
by a former employee under the Company's share option scheme, the Company has
issued 256,400 new ordinary shares of 1 pence each in the Company ("Ordinary
Shares") (in aggregate the "Option Shares") and application has been made for
the Option Shares to be admitted to trading on AIM and are expected to be
admitted on 26 May 2023 ("Admission"). The Option Shares rank pari passu in
all respects with the Company's existing Ordinary Shares. Upon Admission the
Company will have a total of 64,935,414 Ordinary Shares in issue.

The total number of Ordinary Shares in issue following Admission will be
64,935,414. The Company holds no Ordinary Shares in treasury. Therefore, the
total number of Ordinary Shares with voting rights in the Company will be
64,935,414.

The above figure of 64,935,414 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
the FCA's Disclosure and Transparency Rules.

Enquiries:

Safestay
plc
Tel: +44 (0) 20 8815 1600

Larry Lipman

Liberum (Nomad & Joint
Broker)
Tel: +44 (0) 20 3100 2000

Andrew Godber / Edward Thomas / Miquela Bezuidenhoudt

Novella
Tel: +44 (0) 20 3151 7008

Tim Robertson / Safia Colebrook

 

 

 

 

 

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