TIDMSSTY

RNS Number : 1934U

Safestay PLC

01 April 2021

1 April 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 31 March 2021 it granted awards of options over a total of 111,900 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to six Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at a price of 15 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 December, as previously announced on 13 October 2020.

The grants were as follows:

 
 Date of grant     Director/PDMR         Position          Number of       Total number 
                                                            options         of Ordinary 
                                                         over Ordinary      Shares over 
                                                         Shares granted    which options 
                                                                           held following 
                                                                            notification 
                                     Chief Operating 
 31 March 2021    Nuno Sacramento         Officer           27,800           1,294,200 
                 -----------------  -----------------  ----------------  ---------------- 
                     Hervé      Chief Financial 
 31 March 2021         Deligny            Officer           36,700           1,056,400 
                 -----------------  -----------------  ----------------  ---------------- 
 31 March 2021      Larry Lipman         Chairman           22,300           1,502,121 
                 -----------------  -----------------  ----------------  ---------------- 
                                      Non-Executive 
 31 March 2021      Stephen Moss         Director            6,700            46,800 
                 -----------------  -----------------  ----------------  ---------------- 
                                      Non-Executive 
 31 March 2021     Michael Hirst         Director            2,800            19,400 
                 -----------------  -----------------  ----------------  ---------------- 
                      Mario Di 
 31 March 2021         Candido       Head of Revenue        15,600            308,900 
                 -----------------  -----------------  ----------------  ---------------- 
 

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 
      ----------------------------------------------------------------------------------------------- 
                                                         Chief Operating Officer 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)     Volume(s) 
                                                           n/a              27,800 
                                                                      ------------ 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 2021 
      ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
      ------------------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                              Hervé Deligny 
      ------------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------------- 
                                                         Chief Financial Officer 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)     Volume(s) 
                                                           n/a              36,700 
                                                                      ------------ 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 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 
      ----------------------------------------------------------------------------------------------- 
                                                         Chairman 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)     Volume(s) 
                                                           n/a              22,300 
                                                                      ------------ 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 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 
      ----------------------------------------------------------------------------------------------- 
                                                         Non Executive Director 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)    Volume(s) 
                                                           n/a              6,700 
                                                                      ----------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 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 
      ----------------------------------------------------------------------------------------------- 
                                                         Non Executive Director 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)    Volume(s) 
                                                           n/a              2,800 
                                                                      ----------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 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 
      ----------------------------------------------------------------------------------------------- 
                                                         Head of Revenue 
  a)    Position/status 
      ------------------------------------------------  --------------------------------------------- 
 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           Ordinary shares of GBP0.01p par value 
        Identification code                               GB00BKT0J702 
      ------------------------------------------------  --------------------------------------------- 
 b)    Nature of the transaction                         Grant of options 
      ------------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)                             Price(s)     Volume(s) 
                                                           n/a              15,600 
                                                                      ------------ 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           31 March 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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