20 Feb 2023 15:08
LEI: 213800OC94PF2D675H41
20 February 2023
Hostelworld Group plc
(the "Company")
Issue of Shares in connection with the Company's Long Term Incentive Plan and Total Voting Rights
Today Zedra Trust Company (Guernsey) Limited, the trustee of the Hostelworld Group Employee Benefit Trust (the "Trustee" and the "Trust"), subscribed for 1,027,655 ordinary shares of €0.01 each in the capital of the Company for a subscription price equal to the nominal value per share (the "EBT Shares"). The EBT Shares are held in a nominee account on behalf of the Trustee and will be used to satisfy restricted share awards granted by the Company under its Long-Term Incentive Plan (the "Plan") as and when they vest/become exercisable in accordance with the rules of the Plan.
The EBT Shares rank pari passu in all respects with the existing issued shares of the Company.
In accordance with DTR 5.6.1R, following the above share issue, the Company's issued share capital consists of 118,539,121 ordinary shares of €0.01 each (the "Ordinary Shares"), with one vote per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights is 118,539,121 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under either the FCA's Disclosure Guidance and Transparency Rules or the Transparency (Directive 2004/109/EC) Regulations 2007, as amended.
For further information, please contact:
Hostelworld Group plc
John Duggan, Company Secretary Tel: +353 86 022 3553
Hostelworld (HSW)