Safestay (SSTY)

 

LSE:SSTY: Director/PDMR Shareholding

Safestay

11 Aug 2017 07:00:03

Safestay PLC

RNS Number : 7186N
Safestay PLC
11 August 2017
 

The announcement below submitted under RNS Number : 0853M has now been replaced with the date the options were granted corrected from 14 July to 21 July throughout.

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 21 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

Nuno Sacramento

Chief Operating 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


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)

Nil Cost

Options

250,000

d)

Aggregated information

-         Aggregated volume

-         Price


N/A single transaction

e)

Date of the transaction

21 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


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)

Nil Cost

Options

500,000

d)

Aggregated information

-         Aggregated volume

-         Price


N/A single transaction

e)

Date of the transaction

21 July 017

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

Enquiries

 

Safestay plc 

+44 (0) 20 8815 1600

Mark Beveridge, Finance Director




Canaccord Genuity Limited
(Nominated Adviser and Broker)

+44 (0) 20 7523 8000

Bruce Garrow


Chris Connors

Ben Griffiths




Novella


Tim Robertson

+44 (0) 20 3151 7008

Toby Andrews


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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