TIDMSSTY

RNS Number : 0853M

Safestay PLC

26 July 2017

26 July 2017

Safestay plc

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

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostel, announces that on 14 July 2017 it has granted the following nil cost options under the Company's existing share option scheme exercisable above 60 pence per share after a period of two years from grant to Persons Discharging Managerial Responsibility ("PDMRs") as listed below.

 
 PDMR               Position           Number of Options 
                                        granted 
-----------------  -----------------  ------------------ 
 Larry Lipman       Chairman           250,000 
-----------------  -----------------  ------------------ 
                    Chief Operating 
 Nuno Sacramento     Officer           500,000 
-----------------  -----------------  ------------------ 
 

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                                              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) 
                                                          ----------  ------------- 
                                                           Nil Cost 
                                                            Options         250,000 
                                                          ----------  ------------- 
----  ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume 
        - Price 
----  ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           14 July 017 
----  ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
----  ------------------------------------------------  --------------------------------------------- 
 
 
 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) 
                                                          ----------  ------------- 
                                                           Nil Cost 
                                                            Options         500,000 
                                                          ----------  ------------- 
----  ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume 
        - Price 
----  ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           14 July 017 
----  ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
----  ------------------------------------------------  --------------------------------------------- 
 

Enquiries

 
                                     +44 (0) 20 8815 
 Safestay plc                         1600 
 Mark Beveridge, Finance Director 
 
 Canaccord Genuity Limited           +44 (0) 20 7523 
  (Nominated Adviser and Broker)      8000 
 Bruce Garrow 
 Chris Connors 
  Ben Griffiths 
 
 Novella 
                                     +44 (0) 20 3151 
 Tim Robertson                        7008 
 Toby Andrews 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

July 26, 2017 02:01 ET (06:01 GMT)

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