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Hostelworld Group
Director's Dealing • May 2, 2024
9949_rns_2024-05-02_f4a3380f-ea68-4b2c-8bbd-9a8fc2151b72.pdf
Director's Dealing
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Director/PDMR Shareholding
Released : 02 May 2024 14:23 RNS Number : 0559N Hostelworld Group PLC 02 May 2024
LEI: 213800OC94PF2D675H41
2 May 2024
Hostelworld Group plc ("Hostelworld" or "the Company")
Director/ PDMR Shareholding
Hostelworld announces that on 2 May 2024 the following shares in the capital of the Company were issued (via the Company's employee benefit trust) to Gary Morrison and Caroline Sherry (the "PDMRs") to satisfy the vesting of awards granted to the PDMRs on 27 April 2021 under the terms of the Company's Long‐Term Incentive Plan.
The relevant notifications set out below are provided in accordance with the requirements of (i) Article 19 of the UK version of the EU Market Abuse Regulation which is part of UK law by virtue of the European Union (Withdrawal) Act 2018; and (ii) Article 19 of Regulation (EU) No 596/2014 of the Parliament and of the Council of 16 April 2014 on market abuse which has effect in Ireland.
| Details of the person discharging managerial responsibilities/person closely associated | |||
|---|---|---|---|
| Name | (i) Gary Morrison |
||
| (ii) | Caroline Sherry | ||
| Reason for the notification | |||
| Position/status | (i) | Chief Executive Officer | |
| (ii) | Chief Financial Officer | ||
| Initial Notification Amendment |
Initial Notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
| Name | Hostelworld Group plc | ||
| LEI | 213800OC94PF2D675H41 | ||
| 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 |
|||
| Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of €0.01 each in the capital of Hostelworld Group plc | ||
| Nature of the transaction |
Acquisition of ordinary shares pursuant to the vesting of awards granted on 27 April 2021 under the Company's Long Term Incentive Plan |
||
| Price(s) and | |||
| Price(s) | Volume(s) | ||
| volume(s) | ISIN: GB00BYYN4225 |
| (i) Nil |
(i) | 480,354 | ||
|---|---|---|---|---|
| (ii) Nil |
(ii) | 238,228 | ||
| d) | Aggregated information |
See 4(c) above | ||
| ‐ Aggregated volume |
||||
| ‐ Price | ||||
| e) | Date of the transaction |
2 May 2024 | ||
| f) | Place of the transaction |
Outside a trading venue | ||
| g) | Additional Information |
‐ |
Hostelworld further announces that on 2 May 2024 the following shares were sold on the PDMRs' behalf to provide for the settlement of the PDMRs' tax liabilities arising in connection with the acquisition of shares on 2 May 2024 under the terms of the Company's Long‐Term Incentive Plan.
The relevant notifications set out below are provided in accordance with the requirements of (i) Article 19 of the UK version of the EU Market Abuse Regulation which is part of UK law by virtue of the European Union (Withdrawal) Act 2018; and (ii) Article 19 of Regulation (EU) No 596/2014 of the Parliament and of the Council of 16 April 2014 on market abuse which has effect in Ireland.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
|---|---|---|---|---|---|---|---|
| a) | Name | (i) (ii) |
Gary Morrison Caroline Sherry |
||||
| 2 | Reason for the notification | ||||||
| a) | Position/status | (i) (ii) |
Chief Executive Officer 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 | Hostelworld Group plc | |||||
| b) | LEI | 213800OC94PF2D675H41 | |||||
| 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, type of instrument Identification code |
Ordinary Shares of €0.01 each in the capital of Hostelworld Group plc. | |||||
| ISIN: GB00BYYN4225 | |||||||
| b) | Nature of the transaction |
Sale of ordinary shares acquired upon vesting of awards granted on 27 April 2021 under the Company's Long Term Incentive Plan. |
|||||
| c) | Price(s) and volume(s) |
2 May 2024 Price(s) (i) (ii) |
£1.58 £1.58 |
Volume(s) (i) (ii) |
254,587 126,260 |
||
| d) | Aggregated information ‐ Aggregated |
See 4(c) above |
| volume | ||
|---|---|---|
| ‐ Price | ||
| e) | Date of the transaction |
2 May 2024 |
| f) | Place of the transaction |
Outside a trading venue |
| g) | Additional Information |
‐ |
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