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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Safestay Plc | LSE:SSTY | London | Ordinary Share | GB00BKT0J702 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.00 | 18.00 | 20.00 | 19.00 | 19.00 | 19.00 | 0.00 | 08:00:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Hotels And Motels | 19.15M | -282k | -0.0043 | -44.19 | 12.35M |
TIDMSSTY
RNS Number : 6146A
Safestay PLC
13 September 2018
Safestay plc
("Safestay", the "Company" or the "Group")
Appointment of Alternate Director
Safestay (AIM:SSSTY), the owner and operator of a new brand of contemporary hostel, announces that Mr Anson Chan, a non-executive Director, has appointed Mr Paul Cummins to act as his Alternate Director at any meeting of Directors which he is not able to attend.
The appointment of Mr Cummins will continue until Mr Cummins either resigns, Mr Chan revokes the appointment or until Mr Chan ceases to be a Director, whichever occurs first.
Mr Cummins is a Director and Co-Founder of Pyrrho Investments Ltd, a family investment fund, which owns 27.26% of the Company's issued share capital.
Mr Cummins is a qualified Chartered Accountant and a professional investor with over 29 years of business experience. He is also a director of Pacific Jade Corporate Services Limited, a company secretarial business,. Previously, Mr Cummins was the CFO of alternative energy business Yifung Alternative Energy Company Ltd. Before this, he worked at Nomura International and KPMG.
Paul Cummins (aged 53) holds or has held directorships and partnerships in the five years preceding his appointment at the Company as follows:
Current directorships Previous Directorships Broad Capital Investmemt Limited Connaught Road (Services) Ltd ------------------------------------- Cathay Sunrise Limited Connaught Road Nominees Ltd ------------------------------------- Connaught Road Limited Eastern Angel Investments Ltd ------------------------------------- Cooperlea Investments Ltd Eurasia Solutions Limited ------------------------------------- Crimson Tiger Limited Global Corporate Services (Holdings) Limited ------------------------------------- Galant Vicotor Pte Ltd Goodwood Specialities Limited ------------------------------------- Galant Victor Holdings Ltd Pacific Jade Investments Limted ------------------------------------- Global Corporate Services (HK) Pearl River International Holdings Limited Limited ------------------------------------- Kitchener Hotels Limited ------------------------------------- Napaian limited ------------------------------------- Pacific Jade Corporate Services Limited ------------------------------------- Pyrrho Investments Limited ------------------------------------- Pyrrho Management Limited ------------------------------------- Sino Advisory Limited ------------------------------------- Summit Developemtns (Kent) Limited ------------------------------------- Summit Developments Limited ------------------------------------- The Pod Singapore Limited -------------------------------------
Save as disclosed above there are no additional disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM rules.
Enquiries
Safestay plc +44 (0) 20 8815 1600 Larry Lipman Canaccord Genuity Limited (Nominated Adviser and Broker) +44 (0) 20 7523 8000 Chris Connors Michael Reynolds Martin Davison Novella +44 (0) 20 3151 7008 Tim Robertson Toby Andrews
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
September 13, 2018 02:01 ET (06:01 GMT)
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