Director/PDMR Shareholding

RNS Number : 5583Y

Safestay PLC

09 May 2019

 

09 May 2019

Safestay plc

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

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostels, announces that on 29 April 2019 it has granted awards of nil cost options over a total of 500,000 Ordinary Shares of 1 pence each under the Company's existing share option scheme (the "Options").

The Options granted on 29 April 2019 are exercisable at 34 pence per share after a period of three years from the date of grant, and can only be exercised if the share price is above 50 pence per share.

The grants were as follows:

Date of grant	PDMR	Position	Number of options over Ordinary Shares granted	Total number of Ordinary Shares over which options held following notification
29 April 2019	Hervé Deligny	Chief Finance Officer	500,000	500,000

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	Hervé Deligny
2	Reason for the notification
a)	Position/status	Chief Finance 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) Nil Cost Options 500,000
d)	Aggregated information -         Aggregated volume -         Price	N/A single transaction
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	Outside a trading venue

Enquiries:

Safestay plc	[phone]
Larry Lipman
Nuno Sacramento Hervé Deligny
Canaccord Genuity Limited (Nominated Adviser and Broker)	[phone]
Chris Connors
Martin Davison
Jack Haynes
Novella	[phone]
Tim Robertson
Toby Andrews

 

END

 

 

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