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 | ||||
| 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)
|
| ||||
| d) | Aggregated information - Aggregated volume
| N/A single transaction | ||||
| e) | Date of the transaction | 15 August 2023 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
| Safestay plc | +44 (0) 20 8815 1600 |
| Larry Lipman | |
|
| |
| Liberum Capital Limited |
|
| (Nominated Adviser and Broker) | +44 (0) 20 3100 2000 |
| Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt | |
|
| |
| Novella |
|
| Tim Robertson | +44 (0) 20 3151 7008 |
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/
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.