Hostelworld Group PLC Statement re Major Shareholding Notifications (4813W)
April 23 2021 - 7:29AM
UK Regulatory
TIDMHSW
RNS Number : 4813W
Hostelworld Group PLC
23 April 2021
LEI: 213800OC94PF2D675H41
23 April 2021
Hostelworld Group plc
("Hostelworld" or the "Company")
Major Shareholding Notifications
Following the exit of the United Kingdom from the European Union
and the subsequent end of the Brexit transition period on 31
December 2020, Hostelworld as a public limited company incorporated
in England and Wales with its shares admitted to trading on both
the main market of the London Stock Exchange plc and the main
market of the Irish Stock Exchange plc (trading as Euronext
Dublin), announced on 19 March 2021 that its EU Home Member State
for the purposes of the EU Transparency Directive (Directive
2004/109/EC, as amended) is Ireland.
As a result, shareholders should be aware that, in addition to
their existing major shareholding notification obligations under
the UK Financial Conduct Authority's Disclosure Guidance and
Transparency Rules which remain unchanged, shareholders are now
subject to a separate and independent regime for major shareholding
notifications in Ireland pursuant to the Transparency (Directive
2004/109/EC) Regulations 2007, as amended, and the Central Bank
(Investment Market Conduct) Rules 2019.
For further information in relation to major shareholding
notifications, please refer to the Hostelworld Group corporate
website at the following link:
https://www.hostelworldgroup.com/investors/major-shareholder-notifications
This information is provided for general guidance only.
Shareholders are advised to seek their own professional advice on
their individual notification requirements in accordance with law
and regulation.
Contacts:
Hostelworld Group plc
John Duggan
General Counsel and Company Secretary
Tel: +353 (0) 86 022 3553
Powerscourt
Lisa Kavanagh/ Eavan Gannon
Tel: +44 (0) 20 7250 1446
hostelworld@powerscourt-group.com
About Hostelworld Group
Hostelworld Group, the global hostel-focused online booking
platform, inspires passionate travellers to Meet The World, and
come back with life-changing stories to tell. Our customers are not
your average tourists; they crave cultural connection and unique
experiences that we make possible by providing an unbeatable
selection of hostels in unmissable locations - all in the palm of
their hand.
It is the social nature and community feel of hostels and their
environment that enable travellers to embrace journeys of
discovery, adventure and meaning. We have more than 13 million
reviews across over 17,000 hostels in more than 179 countries,
making our brand the leading online hub for social travel. Our
website operates in 19 different languages and our mobile app in 13
languages.
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END
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