1 February 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 31 January 2021 it granted awards of options over a total of 129,100 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 13 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 | Total number of | |
options over | Ordinary Shares over | ||||
Ordinary | which options held | ||||
Shares | following notification | ||||
granted | |||||
31 January 2021 | Nuno Sacramento | Chief Operating Officer | 32,100 | 1,236,600 | |
31 January 2021 | Hervé Deligny | Chief Financial Officer | 42,400 | 980,400 | |
31 January 2021 | Larry Lipman | Chairman | 25,700 | 1,455,921 | |
31 January 2021 | Stephen Moss | Non-Executive Director | 7,700 | 32,900 | |
31 January 2021 | Michael Hirst | Non-Executive Director | 3,200 | 13,600 | |
31 January 2021 | Mario Di Candido | Head of Revenue | 18,000 | 276,600 | |
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) | Chief Operating Officer |
Position/status |
b) | Initial notification/Amendment | Initial notification |
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | Safestay plc |
b) LEI | 213800H1MT2FZDI3HK90 |
- 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 £0.01p 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 | 32,100 | ||||||
d)Aggregated information | N/A single transaction |
- Aggregated volume
- Price
e) | Date of the transaction | 31 January 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 |
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | Safestay plc |
b) | LEI | 213800H1MT2FZDI3HK90 |
- 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 £0.01p 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 | 42,400 | ||||||
d)Aggregated information | N/A single transaction |
- Aggregated volume
- Price
e) | Date of the transaction | 31 January 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 |
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | Safestay plc |
b) | LEI | 213800H1MT2FZDI3HK90 |
- 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 £0.01p 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 | 25,700 | ||||||
d) | Aggregated information | N/A single transaction | |||||
- Aggregated volume
- Price
e) | Date of the transaction | 31 January 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) | Non Executive Director |
Position/status |
b) Initial notification/Amendment | Initial notification |
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | Safestay plc |
b) | LEI | 213800H1MT2FZDI3HK90 |
- 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 £0.01p 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 | 7,700 | ||||||
d) | Aggregated information | N/A single transaction | |||||
- Aggregated volume
- Price
e) | Date of the transaction | 31 January 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 |
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | Safestay plc |
b) | LEI | 213800H1MT2FZDI3HK90 |
- 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 £0.01p par value |
GB00BKT0J702
Identification code
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