Safestay PLC Grant of Options (4150J)

TIDMSSTY

RNS Number : 4150J

Safestay PLC

15 August 2023

15 August 2023

Safestay plc

("Safestay" or the "Company")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 15 August 2023 it granted an award of options over a total of 300,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme (the "Options") to Peter Zielke, Chief Operating Officer, who joined the Company on 8 November 2022.

The Options are exercisable at a price of 24 pence after a period of three years from 15 August 2023 dependent on continued employment over this period.

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                              Peter Zielke 
      ------------------------------------------------  --------------------------------------------- 
 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) 
                                                           n/a              300,000 
                                                                      ------------- 
      ------------------------------------------------  --------------------------------------------- 
 d)    Aggregated information                            N/A single transaction 
        - Aggregated volume - Price 
      ------------------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                           15 August 2023 
      ------------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                          Outside a trading venue 
      ------------------------------------------------  --------------------------------------------- 
 

Enquiries:

 
 Safestay plc                                         [phone] 
 Larry Lipman 
 
 Liberum Capital Limited 
 (Nominated Adviser and Broker)                       [phone] 
 Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt 
 
 Novella 
 Tim Robertson                                        [phone] 
 

Fergus Young

For more information visit our:

Website www.safestay.com

Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/

Instagram page www.instagram.com/safestayhostels/

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 [e-mail] 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

DSHEAKPSFENDEFA

(END) Dow Jones Newswires

August 15, 2023 12:15 ET (16:15 GMT)