1 March 2021
Safestay plc
("Safestay", the "Company" or the "Group")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 28 February 2021 it granted awards of options over a total of 119,900 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to six Directors or persons discharging managerial responsibilities ("PDMR").
The Options are exercisable at a price of 14 pence after a period of one year from the date of grant and were awarded in lieu of a 40% reduction of salary in the month of December, as previously announced on 13 October 2020.
The grants were as follows:
Date of grant | Director/PDMR | Position | Number of options over Ordinary Shares granted | Total number of Ordinary Shares over which options held following notification |
28 February 2021 | Nuno Sacramento | Chief Operating Officer | 29,800 | 1,266,400 |
28 February 2021 | Hervé Deligny | Chief Financial Officer | 39,300 | 1,019,700 |
28 February 2021 | Larry Lipman | Chairman | 23,900 | 1,479,821 |
28 February 2021 | Stephen Moss | Non-Executive Director | 7,200 | 40,100 |
28 February 2021 | Michael Hirst | Non-Executive Director | 3,000 | 16,600 |
28 February 2021 | Mario Di Candido | Head of Revenue | 16,700 | 293,300 |
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 | |
a) | Position/status | 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) | Price(s) Volume(s) n/a 29,800 |
d) | Aggregated information - Aggregated volume | N/A single transaction |
- Price | ||
e) | Date of the transaction | 28 February 2021 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Hervé Deligny |
2 | Reason for the notification | |
a) | Position/status | Chief Financial 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) | Price(s) Volume(s) n/a 39,300 |
d) | Aggregated information - Aggregated volume | N/A single transaction |
- Price | ||
e) | Date of the transaction | 28 February 2021 |
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 | |
a) | Position/status | Chairman |
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) | Price(s) Volume(s) n/a 23,900 |
d) | Aggregated information - Aggregated volume | N/A single transaction |
- Price | ||
e) | Date of the transaction | 28 February 2021 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Stephen Moss |
2 | Reason for the notification | |
a) | Position/status | Non Executive Director |
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) | Price(s) Volume(s) n/a 7,200 |
d) | Aggregated information - Aggregated volume | N/A single transaction |
- Price | ||
e) | Date of the transaction | 28 February 2021 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Michael Hirst |
2 | Reason for the notification | |
a) | Position/status | Non Executive Director |
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 |
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