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Directorate Change

4 Oct 2017 07:00

RNS Number : 6076S
Safestay PLC
04 October 2017
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04 October 2017

Safestay plc

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

Directorate Change

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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:

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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

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

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Sharon does not have any shareholdings in Safestay plc.

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

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Enquiries

Safestay plcΒ 

+44 (0) 20 8815 1600

Larry Lipman

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Canaccord Genuity Limited(Nominated Adviser and Broker)

+44 (0) 20 7523 8000

Bruce Garrow

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Chris Connors

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Novella

+44 (0) 20 3151 7008

Tim Robertson

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Toby Andrews

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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BOAMJBATMBAMBMR
Date   Source Headline
22nd Sep 20163:02 pmRNSHolding(s) in Company
22nd Sep 20163:00 pmRNSHolding(s) in Company
12th Sep 201610:31 amRNSHalf-year Report - Replacement
12th Sep 20167:00 amRNSHalf-year Report
20th Jul 20163:14 pmRNSRevaluation of Elephant and Castle Hostel
7th Jun 20161:30 pmRNSResult of AGM
6th May 201612:47 pmRNSNotice of AGM
11th Apr 20167:00 amRNSFinal Results
23rd Mar 20167:00 amRNSChange of Adviser
15th Feb 20167:00 amRNSTrading Update
18th Jan 201612:41 pmRNSHolding(s) in Company
8th Jan 20166:25 pmRNSHolding(s) in Company
6th Jan 201611:59 amRNSChange of Adviser Name
27th Nov 20153:44 pmRNSHolding(s) in Company - Replacement
27th Nov 20152:30 pmRNSHolding(s) in Company
19th Nov 20157:00 amRNSSenior Management Appointment
2nd Oct 20152:43 pmRNSDirectorate Change
25th Sep 201512:14 pmRNSHolding(s) in Company
18th Sep 20158:09 amRNSCompletion of Acquisition
17th Sep 20152:59 pmRNSReleased in error - Result of GM
17th Sep 20151:56 pmRNSResult of GM
14th Sep 20152:33 pmRNSHolding(s) in Company
11th Sep 20155:35 pmRNSHolding(s) in Company
11th Sep 20154:20 pmRNSHolding(s) in Company
11th Sep 20152:27 pmRNSHolding(s) in Company
9th Sep 201512:12 pmRNSResult of Meeting
9th Sep 20157:00 amRNSInterim Results for the Six Months to 30 June 2015
7th Sep 20157:00 amRNSResult of Open Offer
26th Aug 20157:00 amRNSSchedule 1 - Safestay Plc
17th Aug 20157:30 amRNSRestoration - Safestay plc
17th Aug 20157:00 amRNSPlacing, Acquisition and Restoration on AIM
22nd Jul 20153:12 pmRNSStmt re. Suspension - acquisitions/fundraising
22nd Jul 20153:00 pmRNSSuspension - Safestay Plc
17th Jun 20154:34 pmRNSChange of website address
3rd Jun 20157:00 amRNSDirector Appointment
2nd Jun 201512:09 pmRNSResult of AGM
5th May 20157:01 amRNSPublication of Report & Accounts
29th Apr 20157:00 amRNSNew Loan Agreement
13th Apr 20157:00 amRNSFinal Results
19th Mar 20153:57 pmRNSNotice of Results
14th Jan 20157:00 amRNSSenior Management Appointment
5th Jan 20155:10 pmRNSHolding(s) in Company
5th Jan 201510:46 amRNSHolding(s) in Company
17th Dec 20147:00 amRNSPlacing to raise £3.3 million
1st Dec 20147:00 amRNSLong term lease signed for new hostel
10th Sep 20147:00 amRNSInterim Results
21st May 20141:45 pmRNSAcquisition of Hostel
6th May 20147:01 amRNSHolding(s) in Company
2nd May 20147:00 amRNSFirst Day of Dealings on AIM

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