SAFESTAY PLC

Director's Dealing • Aug 11, 2017

National Storage Mechanism | Additional information

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RNS Number : 7186N

Safestay PLC

11 August 2017

The announcement below submitted under RNS Number : 0853M has now been replaced with the date the options were granted corrected from 14 July to 21 July throughout.

Safestay plc

("Safestay", the "Company" or the "Group")

Grant of Options

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostel, announces that on 21 July 2017 it has granted the following nil cost options under the Company's existing share option scheme exercisable above 60 pence per share after a period of two years from grant to Persons Discharging Managerial Responsibility ("PDMRs") as listed below.

PDMR	Position	Number of Options granted
Larry Lipman	Chairman	250,000
Nuno Sacramento	Chief Operating Officer	500,000

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

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)
Nil Cost Options	250,000

d)

Aggregated information

-         Aggregated volume

-         Price

N/A single transaction

e)

Date of the transaction

21 July 017

f)

Place of the transaction

Outside a trading venue

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)
Nil Cost Options	500,000

d)

Aggregated information

-         Aggregated volume

-         Price

N/A single transaction

e)

Date of the transaction

21 July 017

f)

Place of the transaction

Outside a trading venue

Enquiries

Safestay plc	+44 (0) 20 8815 1600
Mark Beveridge, Finance Director
Canaccord Genuity Limited (Nominated Adviser and Broker)	+44 (0) 20 7523 8000
Bruce Garrow
Chris Connors Ben Griffiths
Novella
Tim Robertson	+44 (0) 20 3151 7008
Toby Andrews

This information is provided by RNS

The company news service from the London Stock Exchange

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