REG - Safestay PLC - Director/PDMR Shareholding
RNS Number : 1934USafestay PLC01 April 20211 April 2021
Safestay plc
("Safestay", the "Company" or the "Group")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 31 March 2021 it granted awards of options over a total of 111,900 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to six Directors or persons discharging managerial responsibilities ("PDMR").
The Options are exercisable at a price of 15 pence after a period of one year from the date of grant and were awarded in lieu of a 40% reduction of salary in the month of December, as previously announced on 13 October 2020.
The grants were as follows:
Date of grant
Director/PDMR
Position
Number of options over Ordinary Shares granted
Total number of Ordinary Shares over which options held following notification
31 March 2021
Nuno Sacramento
Chief Operating Officer
27,800
1,294,200
31 March 2021
Hervé Deligny
Chief Financial Officer
36,700
1,056,400
31 March 2021
Larry Lipman
Chairman
22,300
1,502,121
31 March 2021
Stephen Moss
Non-Executive Director
6,700
46,800
31 March 2021
Michael Hirst
Non-Executive Director
2,800
19,400
31 March 2021
Mario Di Candido
Head of Revenue
15,600
308,900
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nuno Sacramento
2
Reason for the notification
a)
Position/status
Chief Operating Officer
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
27,800
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Hervé Deligny
2
Reason for the notification
a)
Position/status
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
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
36,700
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Larry Lipman
2
Reason for the notification
a)
Position/status
Chairman
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
22,300
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stephen Moss
2
Reason for the notification
a)
Position/status
Non Executive Director
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
6,700
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Hirst
2
Reason for the notification
a)
Position/status
Non Executive Director
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
2,800
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mario Di Candido
2
Reason for the notification
a)
Position/status
Head of Revenue
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
Identification code
Ordinary shares of £0.01p par value
GB00BKT0J702
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
15,600
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
31 March 2021
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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