Business
Completion of Acquisition
Completion of Acquisition.
About this update from Safestay Plc
[{"type":"text","content":"\n \nRNS Number : 8055Z Safestay PLC 15 January 2020 \n\n \n15 January 2020\n \n \nSafestay plc\n(\"Safestay\", the \"Company\" or the \"Group\")\nCompletes Acquisition of Athens Hostel\n \nFurther to the announcement made on 28 October 2019, Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has completed the acquisition of the 'AthenStyle Hostel' in Athens, for €1.5 million.\nLarry Lipman, Chairman of Safestay, said:\n\"AthenStyle is a stylish and successful hostel, located in the heart of this popular tourist city and so requires only to be rebranded to be fully integrated into our unique European hostel network.\" \n \nEnquiries\n\n\n\nSafestay plc \n\n\n+44 (0) 20 8815 1600\n\n\n\n\nLarry Lipman\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nLiberum Capital Limited\n\n\n \n\n\n\n\n(Nominated Adviser and Broker)\n\n\n+44 (0) 20 3100 2000\n\n\n\n\nAndrew Godber/Edward Thomas/Laura Hamilton\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nNovella\n\n\n \n\n\n\n\nTim Robertson\n\n\n+44 (0) 20 3151 7008\n\n\n\nFergus Young\n \n \nFor more information visit our: \nWebsite www.safestay.com \nVox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/\nInstagram page www.instagram.com/safestayhostels/\n \n\nThis 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 [email protected] or visit www.rns.com. END ACQGZGMMLDRGGZM\n ","length":4275,"tagName":"div"}]