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SAFESTAY PLC

Board/Management Information Aug 18, 2017

7895_rns_2017-08-18_7cf1decb-3c51-47d3-946b-e982af02a4ac.html

Board/Management Information

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RNS Number : 3461O

Safestay PLC

18 August 2017

18 August 2017

Safestay plc

("Safestay" or the "Company")

Senior Management Change

Safestay (AIM: SSTY), the owner and operator of a new brand of contemporary hostel, announces that Mark Beveridge, Finance Director and Company Secretary, has decided to leave the Company with effect from 16 November 2017 to pursue other business interests. The Company has commenced the search for a replacement and will make an announcement in due course.

Chairman of Safestay, Larry Lipman, commented: "On behalf of the Board I would like to thank Mark for his contribution to the Company during a period of significant positive change and wish him well in the future."

- ENDS -

Enquiries

Safestay plc +44 (0) 20 8815 1600
Larry Lipman, Chairman
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

END

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