Last checked at 26 Jul 2017 07:00
26 July 2017
Safestay plc
("Safestay", the "Company" or the "Group")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostel, announces that on 14 July 2017 it has granted the following nil cost options under the Company's existing share option scheme exercisable above 60 pence per share after a period of two years from grant to Persons Discharging Managerial Responsibility ("PDMRs") as listed below.
PDMR | Position | Number of Options granted |
Larry Lipman | Chairman | 250,000 |
Nuno Sacramento | Chief Operating Officer | 500,000 |
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Larry Lipman | ||||
2 | Reason for the notification | |||||
a) | Position/status
| Chairman | ||||
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) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A single transaction | ||||
e) | Date of the transaction | 14 July 017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Nuno Sacramento | ||||
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) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A single transaction | ||||
e) | Date of the transaction | 14 July 017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries
Safestay plc | +44 (0) 20 8815 1600 |
Mark Beveridge, Finance Director |
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Canaccord Genuity Limited(Nominated Adviser and Broker) | +44 (0) 20 7523 8000 |
Bruce Garrow |
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Chris Connors Ben Griffiths |
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Novella |
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Tim Robertson | +44 (0) 20 3151 7008 |
Toby Andrews |
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