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Pin to quick picksSafestay Regulatory News (SSTY)

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Directorate Change

10 Aug 2018 13:00

RNS Number : 5009X
Safestay PLC
10 August 2018
 

10 August 2018

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 Hervé Deligny, who will join the Board as Chief Financial Officer and Company Secretary with effect from 14 August 2018.

Hervé has a wealth of commercial and financial experience within European hospitality and joins the Company from onefinestay Group, an operator of 10,000 private rental properties and part of AccorHotels, where he was Chief Finance Officer. Previously, he was Chief Operating Officer of HoteIInvest in the UK, the property and investment arm of AccorHotels, covering a portfolio of 97 hotels across the UK. Herve was also Chief Financial Officer and a Company Director for AccorHotels UK having held a number of management positions in Finance within the AccorHotels group in both London and Paris. Hervé began his career in Audit at PricewaterhouseCoopers and has over 20 years' experience in finance. He holds a Masters degree from the University of Paris IX Dauphine.

At the same time, Sharon Segal will be stepping down from the position of Finance Director and Company Secretary.

Group Chairman Larry Lipman said "I would like to first thank Sharon on behalf of the Board for her contribution to the Group and wish her the very best for the future. I would also like to welcome Hervé. His long experience in working in our sector both in the UK and Europe mirrors the locations of our hostel portfolio and I feel confident he will bring new insights and expertise into our business and I look forward to working alongside him."

Hervé Deligny (aged 45) holds or has held directorships and partnerships in the five years preceding his appointment at the Company as follows:

Current directorships

Previous Directorships

 

Accor All Seasons Southwark Limited

 

Accor Ireland Hotels Limited

 

Accor UK Business & Leisure Hotels Limited

 

Accor UK Economy Hotels Limited

 

Accor (U.K.) Limited

 

Accor (U.K.) Management Limited

 

B & L Accor 4 Limited

 

B & L Accor 5 Limited

 

B & L Accor 6 Limited

 

Caterail Services UK Limited

 

Clondalkin Hotel Limited

 

Eco Accor 4 Limited

 

Etap Birmingham Limited

 

Etap Bradford Limited

 

Galleries Worldwilde Ltd

 

Ibis Gloucester Limited

 

Ibis Hull Limited

 

Ibis Styles Southwark Hotel Limited

 

Ibis UK Limited

 

Lifealike Limited

 

Lifealike USA Limited

 

Novotel Hotel Edinburgh Limited

 

Novotel Milton Keynes and London City South Limited

 

Novotel York Limited

 

Onefinestay Members Club Ltd

 

Pierpont France Ltd

 

Pierpont galleries Ltd

 

Pierpont Reservations Ltd

 

Vesta Srl

 

Hervé 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

Chris Connors

Michael Reynolds

 

Martin Davison

 

 

 

Novella

+44 (0) 20 3151 7008

Tim Robertson

 

Toby Andrews

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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