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Directorate Change

4 Oct 2017 07:00

RNS Number : 6076S
Safestay PLC
04 October 2017
 

04 October 2017

Safestay plc

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

Directorate Change

 

Safestay (AIM:SSSTY), the owner and operator of a new brand of contemporary hostel, announces the appointment of Sharon Segal, who will join the Board of the Company as Finance Director with effect from Monday 9 October 2017. Sharon will also be appointed as Company Secretary. Sharon has a wealth of commercial experience within European hospitality and a strong background in investment management.

Sharon is joining the Company from The One Group, where she was Director of Finance for the Nasdaq listed high-end global hospitality company that develops, manages and operates a portfolio of restaurants & turnkey Food and Beverage programs for hotels. Sharon was a founding member of, and previously Corporate Director at, The One Group. Before that she was Investment Director at BDO Investment Management/Fitzwilliam Asset Management where she was head of long only investments and lead manager of the Fitzwilliam balanced growth fund.

As previously announced, Mark Beveridge will be stepping down from the position of Finance Director and Company Secretary, now effective from the earlier date of 09 October 2017.

Commenting on her appointment, Group Chairman Larry Lipman said "I am delighted that Sharon will be joining the business as Finance Director. I believe that her knowledge of the industry as well as her strong international commercial experience will be of great benefit to the Company as we look forward to further developing the Group's pan European portfolio of contemporary hostels".

Sharon Natalie Segal (aged 47) holds or has held directorships and partnerships in the five years preceding her appointment at the Company as follows:

 

Current directorships

Previous Directorships

Homelender Finance Limited

Segals Investments Limited

Kingsgate Central Services

CA Aldwych Limited

Kingsgate Consultancy Limited

T.O.G. (Aldwych) Limited

Bonnick Court Limited

HIP Hospitality Limited

Steeple Court Stroud Limited

T.O.G. (UK) Limited

Steeple Court Cromer Limited

STK Rebel (Edinburgh) Limited

Steeple Court Ilkeston Limited

The Juice Brewery Limited

Steeple Court Hucknall Limited

Soft Brew Licensing Ltd

T.O.G. (Milan) s.r.l

 

Note 1: STK Rebel (Edinburgh) Limited was placed into voluntary liquidation in March 2017.

 

Sharon does not have any shareholdings in Safestay plc.

 

Save as disclosed above there are no additional disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM rules.

 

Enquiries

Safestay plc 

+44 (0) 20 8815 1600

Larry Lipman

 

 

 

Canaccord Genuity Limited(Nominated Adviser and Broker)

+44 (0) 20 7523 8000

Bruce Garrow

 

Chris Connors

 

 

 

Novella

+44 (0) 20 3151 7008

Tim Robertson

 

Toby Andrews

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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