SAFESTAY PLC

Remuneration Information • Aug 2, 2021

National Storage Mechanism | Additional information

RNS Number : 2415H

Safestay PLC

02 August 2021

2 August 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 July 2021 it granted awards of options over a total of 44,400 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's existing share option scheme (the "Options") to four Directors or persons discharging managerial responsibilities ("PDMR").

The Options are exercisable at a price of 16 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 July, 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
31 July 2021	Larry Lipman	Chairman	20,900	1,583,621
31 July 2021	Stephen Moss	Non-Executive Director	6,300	71,300
31 July 2021	Michael Hirst	Non-Executive Director	2,600	29,500
31 July 2021	Mario Di Candido	Head of Revenue	14,600	365,900

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)
n/a	20,900

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

31 July 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	6,300

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

31 July 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

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
n/a	2,600

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

31 July 2021

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mario Di Candido

2

Reason for the notification

a)

Position/status

Head of Revenue

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	14,600

d)

Aggregated information

-            Aggregated volume

-            Price

N/A single transaction

e)

Date of the transaction

31 July 2021

f)

Place of the transaction

Outside a trading venue

Enquiries:

Safestay plc	+44 (0) 20 8815 1600
Larry Lipman
Liberum Capital Limited
(Nominated Adviser and Broker)	+44 (0) 20 3100 2000
Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt
Novella
Tim Robertson	+44 (0) 20 3151 7008

Fergus Young

For more information visit our:

Website www.safestay.com 

Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/ 

Instagram page www.instagram.com/safestayhostels/

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