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SSTY Safestay Plc

19.00
0.00 (0.00%)
Last Updated: 08:00:22
Delayed by 15 minutes
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

Safestay PLC Grant of Options (7846P)

12/02/2019 12:00pm

UK Regulatory


Safestay (LSE:SSTY)
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TIDMSSTY

RNS Number : 7846P

Safestay PLC

12 February 2019

12 February 2019

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 it has granted awards of nil cost options over a total of 600,000 Ordinary Shares of 1 pence each under the Company's existing share option scheme on 11 October 2018 and 1 January 2019 (the "Options").

The Options granted on 1 January 2019 are exercisable at 34 pence per share after a period of three years from the date of grant. The Options granted on 11 October are exercisable at 42 pence per share after a period of three from the date of grant.

The grants were as follows:

 
 Date of grant    PDMR               Position            Number of         Total number 
                                                          options over      of Ordinary 
                                                          Ordinary          Shares over 
                                                          Shares granted    which options 
                                                                            held following 
                                                                            notification 
 11 October                          Chief Operating 
  2018            Nuno Sacramento     Officer                100,000           600,000 
                 -----------------  ------------------  ----------------  ---------------- 
 1 January 
  2019            Larry Lipman       CEO and Chairman        300,000           946,521 
                 -----------------  ------------------  ----------------  ---------------- 
 1 January                           Chief Operating 
  2019            Nuno Sacramento     Officer                200,000           800,000 
                 -----------------  ------------------  ----------------  ---------------- 
 

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                                              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         100,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume 
        - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           11 October 2018 
      ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
      ------------------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                              Larry Lipman 
      ------------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------------- 
                                                         Chairman and CEO 
  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         300,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume 
        - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           01 January 2019 
      ------------------------------------------------  --------------------------------------------- 
 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         200,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume 
        - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           1 January 2019 
      ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
      ------------------------------------------------  --------------------------------------------- 
 

Enquiries:

 
 Safestay plc                       +44 (0) 20 8815 1600 
 Larry Lipman 
 Nuno Sacramento 
  Hervé Deligny 
 Canaccord Genuity Limited 
  (Nominated Adviser and Broker)    +44 (0) 20 7523 8000 
 Chris Connors 
 Martin Davison 
 Michael Reynolds 
 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

February 12, 2019 07:00 ET (12:00 GMT)

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