Source - RNS
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.



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





+44 (0) 20 3151 7008

Tim Robertson


Toby Andrews



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