easyHotel PLC Grant of Sharesave Plan Options (3638M)
July 28 2017 - 2:01AM
UK Regulatory
TIDMEZH
RNS Number : 3638M
easyHotel PLC
28 July 2017
28 July 2017
easyHotel plc
easyHotel plc
("easyHotel", "the Group" or "the Company")
Grant of Sharesave Plan Options
Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")
easyHotel, the owner, developer, operator and franchisor of
"super budget" branded hotels, announces that following valid
elections from both the Company's Chief Executive, Guy Parsons, and
Chief Financial Officer, Marc Vieilledent to participate in the
Company's all employee easyHotel 2017 Sharesave Plan, on 27 July
2017 options over the Company's ordinary shares of 1p each
("Ordinary Shares") were granted as follows:
Director Number of Ordinary Exercise Price
Shares under Option per Ordinary Share
----------------- --------------------- --------------------
Guy Parsons 20,361 GBP0.884
----------------- --------------------- --------------------
Marc Vieilledent 20,361 GBP0.884
----------------- --------------------- --------------------
Subject to the rules of the easyHotel 2017 Sharesave Plan, the
options may be exercised at the end of the three year saving
contract at the exercise price set out above. The expected maturity
date of these options is 1 September 2020.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- --------------------------------------------------------------------------
a) Name 1. GUY PAUL CUTHBERT PARSONS
2. MARC ANDRE LOUIS VIEILLEDENT
---- -------------------------- ----------------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------
a) Position/status 1. CHIEF EXECUTIVE
2. CHIEF FINANCIAL OFFICER
---- -------------------------- ----------------------------------------------
b) Initial notification INITIAL NOTIFICATION
/Amendment
---- -------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- --------------------------------------------------------------------------
a) Name EASYHOTEL PLC
---- -------------------------- ----------------------------------------------
b) LEI 213800B35EIIHXVVSA50
---- -------------------------- ----------------------------------------------
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 EASYHOTEL PLC ORDINARY SHARES
the financial OF 1P EACH
instrument, type
of instrument
----
Identification ISIN: GB00BN56KF84
code
b) Nature of the GRANT OF OPTION OVER ORDINARY
transaction SHARES UNDER THE EASYHOTEL
2017 SHARESAVE PLAN AT AN
OPTION PRICE OF GBP0.88P
PER SHARE
---- -------------------------- ----------------------------------------------
c) Price(s) and volume(s)
---- --------------------- -----------
Option Price(s) Volume(s)
---- --------------------- -----------
1. GBP0.884 20,361
2. GBP0.884 20,361
----------------------------------------------------------- -----------
d) Aggregated information
----
- Aggregated volume 1. 20,361
2. 20,361
- Price 1. GBP17,999.12
2. GBP17,999.12
e) Date of the transaction 27 JULY 2017
---- -------------------------- ----------------------------------------------
f) Place of the transaction OUTSIDE A TRADING VENUE
---- -------------------------- ----------------------------------------------
Enquiries:
easyHotel plc www.easyhotel.com
Guy Parsons, Chief Executive
Officer
Marc Vieilledent, Chief http://ir.easyhotel.com
Financial Officer
Investec (Nominated
Adviser and Broker) +44 (0) 20 7597 5970
David Anderson / Chris
Treneman
Houston PR (Financial
PR) +44 (0) 20 3701 7660
Hamish Thompson
Kate Hoare
Notes to Editors:
www.easyhotel.com http://ir.easyhotel.com/
easyHotel is the owner, developer, operator and franchisor of
branded hotels. Its strategy is to target the "super budget"
segment of the hotel industry by marketing "clean, comfortable and
safe" hotel rooms to its customers.
Operating hotels
easyHotel's five owned hotels currently comprise 590 rooms, and
it has a further 20 franchised hotels with 1,750 rooms.
Owned hotels:
Old Street (London), Glasgow, Croydon, Birmingham,
Manchester.
Franchise locations:
Belgium (Brussels), Bulgaria (Sofia), Germany (Berlin,
Frankfurt), Hungary (Budapest), The Netherlands (Amsterdam: City,
Arena & Zaandam, Rotterdam, The Hague), Switzerland (Basel,
Zurich), UAE (Dubai), United Kingdom (Edinburgh, London Heathrow,
Central London, Luton).
Hotel development pipeline
The Company's committed development pipeline of owned and
franchised hotels currently consists of:
Owned hotels:
United Kingdom (Liverpool, Ipswich, Sheffield, Leeds), Spain
(Barcelona)
Subject to planning consent: United Kingdom (Oxford)
Franchise hotels:
UAE (Dubai), Germany (Bernkastel-Kues), Portugal (Lisbon),
Turkey (Istanbul), Nepal (Kathmandu), United Kingdom (Belfast,
Reading)
Website: www.easyHotel.com
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
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