Source - LSE Regulatory
RNS Number : 2207D
Safestay PLC
01 July 2021
 

1 July 2021

 

Safestay plc

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

 

Grant of Options

 

Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 30 June 2021 it granted awards of options over a total of 62,700 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to five Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at a price of 18 pence after a period of one year from the date of grant and were awarded in lieu of a 40% reduction of salary in the month of June, as previously announced on 13 October 2020.

 

The grants were as follows:

Date of grant

Director/PDMR

Position

Number of options over Ordinary Shares granted

Total number of Ordinary Shares over which options held following notification

31 May 2021

Nuno Sacramento

Chief Operating Officer

23,200

1,369,800

31 May 2021

Larry Lipman

Chairman

18,600

1,562,721

31 May 2021

Stephen Moss

Non-Executive Director

5,600

65,000

31 May 2021

Michael Hirst

Non-Executive Director

2,300

26,900

31 May 2021

Mario Di Candido

Head of Revenue

13,000

351,300

 

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

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)



Price(s)

Volume(s)

n/a

23,200

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

30 June 2021

f)

Place of the transaction

Outside a trading venue

 

 

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)



Price(s)

Volume(s)

n/a

18,600

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

30 June 2021

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stephen Moss

2

Reason for the notification


a)


Position/status

 

Non Executive Director

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)



Price(s)

Volume(s)

n/a

5,600

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

30 June 2021

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Hirst

2

Reason for the notification


a)


Position/status

 

Non Executive Director

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)



Price(s)

Volume(s)

n/a

2,300

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

30 June 2021

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mario Di Candido

2

Reason for the notification


a)


Position/status

 

Head of Revenue

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)



Price(s)

Volume(s)

n/a

13,000

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

30 June 2021

f)

Place of the transaction

Outside a trading venue

 

 

 

Enquiries:

 

Safestay plc 

+44 (0) 20 8815 1600

Larry Lipman




Liberum Capital Limited


(Nominated Adviser and Broker)

+44 (0) 20 3100 2000

Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt




Novella


Tim Robertson

+44 (0) 20 3151 7008

Fergus Young

 

 

For more information visit our:

Website www.safestay.com 

Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/ 

Instagram page www.instagram.com/safestayhostels/

 

 

 

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