Last checked at 15 Jan 2020 07:00
15 January 2020
Safestay plc
("Safestay", the "Company" or the "Group")
Completes Acquisition of Athens Hostel
Further to the announcement made on 28 October 2019, Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has completed the acquisition of the 'AthenStyle Hostel' in Athens, for €1.5 million.
Larry Lipman, Chairman of Safestay, said:
"AthenStyle is a stylish and successful hostel, located in the heart of this popular tourist city and so requires only to be rebranded to be fully integrated into our unique European hostel network."
Enquiries
Safestay plc | +44 (0) 20 8815 1600 |
Larry Lipman |
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Liberum Capital Limited |
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(Nominated Adviser and Broker) | +44 (0) 20 3100 2000 |
Andrew Godber/Edward Thomas/Laura Hamilton |
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Novella |
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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/