We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | 07:45:38 |
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 : 8178M
Safestay PLC
24 September 2021
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION (a) Full name of discloser: Safestay PLC ("Safestay") (b) Owner or controller of interests and short positions disclosed, if different from N/A 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. -------------------------- (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Offeree - Safestay Use a separate form for each offeror/offeree -------------------------- (d) Is the discloser the offeror or the offeree? Offeree -------------------------- (e) Date position held: 17 September 2021 The latest practicable date prior to the disclosure -------------------------- (f) In addition to the company in 1(c) above, is the discloser making disclosures in N/A respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" -------------------------- 2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates
Class of relevant security: Ordinary Interests Short positions ------------ ------------------ Number % Number % -------- ------------- --- (1) Relevant securities owned and/or controlled: Nil - Nil - -------- ------------- --- (2) Cash-settled derivatives: Nil - Nil - -------- ------------- --- (3) Stock-settled derivatives (including options) and agreements to purchase/sell: Nil - Nil - -------- ------------- --- Nil - Nil - TOTAL: -------- ------------- ---
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities Class of relevant security in relation to which subscription right exists: N/A Details, including nature of the rights concerned and relevant percentages: N/A ---- 3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure: (A) The following directors of Safestay (including their close relatives and related trusts) have the interests in Safestay's shares set out below: Safestay Director Position Number of Percentage ordinary shares of total issued share capital of Safestay (three decimal places) 346,054 (Direct ownership) Also see Note Larry Lipman Chairman 1 0.563 ----------------- ----------------- ----------------- Chief Operating Nuno Sacramento Officer 37,160 0.057 ----------------- ----------------- ----------------- Michael Hirst Non-Executive (OBE) Director 97,142 0.150 ----------------- ----------------- ----------------- Non-Executive Stephen Moss Director 233,988 0.362 ----------------- ----------------- ----------------- Anson Chan Non-Executive Note 2 Director n/a ----------------- ----------------- ----------------- Paul Cummins Alternate Non-Executive Note 3 Director n/a ----------------- ----------------- ----------------- Note 1: Larry Lipman also owns one-third of the share capital of Safeland Holdings (2008) Corporation ("SHC"), a corporation incorporated in Panama and 2% of Safeland plc, a company incorporated in England and Wales. SHC owned 3,112,484 ordinary shares in the Company, representing 4.8% of the Company's shares in issue as at 17 September 2021. SHC owned 83.4% of the issued share capital of Safeland plc as at 17 September 2021. Safeland plc owned 2,597,334 ordinary shares of the Company, representing 4.0% of the Company's shares in issue at 17 September 2021. Note 2: Anson Chan is not considered to be independent due his interest in Pyrrho Investments Limited which is a significant shareholder in the Company, owning 19,025,638 ordinary shares representing 29.4% of the Company's shares in issue at 17 September 2021. Note 3: Paul Cummins is an alternate director for Anson Chan and is therefore also not considered to be independent. (B) The following directors of Safestay have options over the ordinary equity share capital of Safestay as set out below, as at 17 September 2021: Safestay director Position Exercise Number of Exercise Period price ordinary shares (under option) 02/05/2017 - Larry Lipman Chairman 50p 396,521 01/05/2024 ------------------- --------- ----------------- ---------------- 14/07/2020 - 50p 250,000 13/07/2027 --------------------------------------- --------- ----------------- ---------------- 01/01/2022 - 34p 300,000 31/12/2028 --------- ----------------- ---------------- 02/10/2023 - 33p 400,000 01/01/2030 --------- ----------------- ---------------- 31/10/2021 - 9p 37,100 30/10/2028 --------- ----------------- ---------------- 30/11/2021 - 16p 20,900 29/11/2028 --------- ----------------- ---------------- 31/12/2021 - 13p 25,700 30/12/2028 --------- ----------------- ----------------
22/01/2022 - 13p 25,700 21/01/2031 --------- ----------------- ---------------- 22/02/2022 - 14p 23,900 21/02/2031 --------- ----------------- ---------------- 24/03/2022 - 15p 22,300 23/03/2031 --------- ----------------- ---------------- 25/04/2022 - 15p 22,300 24/04/2031 --------- ----------------- ---------------- 25/05/2022 - 17p 19,700 24/05/2031 --------- ----------------- ---------------- 25/06/2022 - 18p 18,600 24/06/2031 --------- ----------------- ---------------- 25/07/2022 - 16p 20,900 24/07/2031 --------------------------------------- --------- ----------------- ---------------- Chief Operating 21/07/2020 - Nuno Sacramento Officer 50p 500,000 20/07/2027 ------------------- --------- ----------------- ---------------- 11/10/2021 - 42p 100,000 12/10/2028 --------------------------------------- --------- ----------------- ---------------- 01/01/2022 - 34p 200,000 31/12/2028 --------- ----------------- ---------------- 02/01/2023 - 33p 300,000 01/01/2030 --------- ----------------- ---------------- 31/10-2021 - 9p 46,300 30/10/2028 --------- ----------------- ---------------- 30/11/2021 - 16p 26,100 29/11/2028 --------- ----------------- ---------------- 31/12/2021 - 13p 32,100 31/12/2028 --------- ----------------- ---------------- 22/01/2022 - 13p 32,100 21/01/2031 --------- ----------------- ---------------- 22/02/2022 - 14p 29,800 21/02/2031 --------- ----------------- ---------------- 24/03/2022 - 15p 27,800 23/03/2031 --------- ----------------- ---------------- 25/04/2022 - 15p 27,800 24/04/2031 --------- ----------------- ---------------- 25/05/2022 - 17p 24,600 24/05/2031 --------- ----------------- ---------------- 25/06/2022 - 18p 23,200 24/06/2031 --------------------------------------- --------- ----------------- ---------------- Michael Hirst Non-Executive 31/10/2021 - (OBE) Director 9p 4,600 30/10/2028 ------------------- --------- ----------------- ---------------- 30/11/2021 - 16p 2,600 29/11/2028 --------------------------------------- --------- ----------------- ---------------- 31/12/2021 - 13p 3,200 30/12/2028 --------- ----------------- ---------------- 22/01/2022 - 13p 3,200 21/01/2031 --------- ----------------- ---------------- 22/02/2022 - 14p 3,000 21/02/2031 --------- ----------------- ---------------- 24/03/2022 - 15p 2,800 23/03/2031 --------- ----------------- ---------------- 25/04/2022 - 15p 2,800 24/04/2031 --------- ----------------- ---------------- 25/05/2022 - 17p 2,400 24/05/2031 --------- ----------------- ---------------- 25/06/2022 - 18p 2,300 24/06/2031 --------- ----------------- ---------------- 25/07/2022 - 16p 2,600 24/07/2031 --------------------------------------- --------- ----------------- ---------------- Non-Executive 31/10/2021 - Stephen Moss Director 9p 11,200 30/10/2028 ------------------- --------- ----------------- ---------------- 30/11/2021 - 16p 6,300 29/11/2028 --------------------------------------- --------- ----------------- ---------------- 31/12/2021 - 13p 7,700 30/12/2028 --------- ----------------- ---------------- 22/01/2022 - 13p 7,700 21/01/2031 --------- ----------------- ---------------- 22/02/2022 - 14p 7,200 21/02/2031 --------- ----------------- ---------------- 24/03/2022 - 15p 6,700 23/03/2031 --------- ----------------- ---------------- 25/04/2022 - 15p 6,700 24/04/2031 --------- ----------------- ---------------- 25/05/2022 -
17p 5,900 24/05/2031 --------- ----------------- ---------------- 25/06/2022 - 18p 5,600 24/06/2031 --------- ----------------- ---------------- 25/07/2022 - 16p 6,300 24/07/2031 --------------------------------------- --------- ----------------- ----------------
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" None (c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) YES Supplemental Form 8 (SBL) NO ---- Date of disclosure: 24 September 2021 Contact name: Peter Harvey, Chief Financial Officer and Company Secretary ------------------------------------------------------------ Telephone number: 020 8815 1606 ------------------------------------------------------------
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. KEY INFORMATION Full name of person making disclosure: Safestay PLC ("Safestay") Name of offeror/offeree in relation to whose relevant securities the disclosure relates: Offeree - Safestay -------------------------- 2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS) Class of Product Written or Number of Exercise price Type Expiry date relevant description purchased securities to per unit e.g. American, security e.g. call which option European etc. option or derivative relates Various exercise Ordinary shares Share options Written 396,521 50p periods apply 01/05/2024 ---------------- ----------------- --------------- --------------- --------------- ------------ 528,695 50p 01/05/2024 --------------------------------------------------- --------------- --------------- --------------- ------------ 38,550 50p 20/05/2024 --------------- --------------- ------------ 250,000 50p 13/07/2027 --------------- --------------- ------------ 500,000 50p 20/07/2027 --------------- --------------- ------------ 100,000 42p 10/10/2028 --------------- --------------- ------------ 500,000 34p 31/12/2028 --------------- --------------- ------------ 500,000 34p 28/04/2029 --------------- --------------- ------------ 100,000 40p 25/06/2029 --------------- --------------- ------------ 100,000 34p 04/09/2029 --------------- --------------- ------------ 129,100 13p 21/01/2031 --------------- --------------- ------------ 119,900 14p 21/02/2031 --------------- --------------- ------------ 111,900 15p 23/03/2031 --------------- --------------- ------------ 75,200 15p 24/04/2031 --------------- --------------- ------------ 66,400 17p 24/05/2031 --------------- --------------- ------------ 62,700 18p 24/06/2031 --------------- --------------- ------------ 44,400 16p 24/07/2031 --------------------------------------------------- --------------- --------------- --------------- ------------ 3. AGREEMENTS TO PURCHASE OR SELL ETC. Full details should be given so that the nature of the interest or position can be fully understood: Being options issued to previous and current management as part of their remuneration packages (save for options over 528,695 shares expiring on 1 May 2024 at an exercise price of 50p) which were granted to Safeland plc a company connected with Larry Lipman). Larry Lipman owns one-third of the share capital of Safeland Holdings (2008) Corporation ("SHC"), a corporation incorporated in Panama and 2% of Safeland plc, a company incorporated in England and Wales. SHC owned 3,112,484 ordinary shares in the Company, representing 4.8% of the Company's shares in issue as at 17 September 2021. SHC owned 83.4% of the issued share capital of Safeland plc as at 17 September 2021. Safeland plc owned 2,597,334 ordinary shares of the Company, representing 4.0% of the Company's shares in issue at 17 September 2021.
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
FEEFZGZLKFLGMZM
(END) Dow Jones Newswires
September 24, 2021 11:59 ET (15:59 GMT)
1 Year Safestay Chart |
1 Month Safestay Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions