Grant of Options

Safestay PLC

15 August 2023

 

15 August 2023

Safestay plc

("Safestay" or the "Company")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 15 August 2023 it granted an award of options over a total of 300,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme (the "Options") to Peter Zielke, Chief Operating Officer, who joined the Company on 8 November 2022.

The Options are exercisable at a price of 24 pence after a period of three years from 15 August 2023 dependent on continued employment over this period.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Peter Zielke
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 300,000
d)	Aggregated information -            Aggregated volume -            Price	N/A single transaction
e)	Date of the transaction	15 August 2023
f)	Place of the transaction	Outside a trading venue

Enquiries:

Safestay plc	[phone]
Larry Lipman
Liberum Capital Limited
(Nominated Adviser and Broker)	[phone]
Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt
Novella
Tim Robertson	[phone]

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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