Business
Grant of Options
Grant of Options.
About this update from Safestay Plc
[{"type":"text","content":"\n\n15 August 2023\n \nSafestay plc\n(\"Safestay\" or the \"Company\")\n \nGrant of Options\n \nSafestay (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.\nThe 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.\n \n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nPeter Zielke\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\n\na)\n\n\n\nPosition/status\n \n\n\nChief Operating Officer\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n \n\n\nInitial notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nSafestay plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800H1MT2FZDI3HK90\n\n\n\n\n4\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument\nIdentification code\n\n\nOrdinary shares of £0.01p par value\nGB00BKT0J702\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nGrant of options\n\n\n\n\nc)\n\n\nPrice(s) and volume(s)\n\n\n\n\n\n\n\n\nPrice(s)\n\n\nVolume(s)\n\n\n\n\nn/a\n\n\n300,000\n\n\n\n\n\n\n\n\n\nd)\n\n\nAggregated information\n- Aggregated volume\n\n\n\n\n- Price\n\n\n\n\n\n\n\nN/A single transaction\n\n\n\n\ne)\n\n\nDate of the transaction\n\n\n15 August 2023\n\n\n\n\nf)\n\n\nPlace of the transaction\n\n\nOutside a trading venue\n\n\n\n\n \n \nEnquiries:\n \n\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\...