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Hostelworld Group plc announced on 19 May 2023 that on 17 May 2023, it issued ordinary shares to its Chief Executive Officer, Gary Morrison, and Chief Financial Officer, Caroline Sherry. These shares were issued via the Company's employee benefit trust at nil price, with Gary Morrison receiving 587,204 ordinary shares and Caroline Sherry receiving 63,977 ordinary shares, satisfying awards granted on 2 May 2020 under the Company's Long-Term Incentive Plan.
| Date | 19 May 2023 |
| Time | 15:13:07 |
| Category | Director/PDMR dealings |
| ID | 0821A |
LEI: 213800OC94PF2D675H41
19 May 2023
Hostelworld Group plc ("Hostelworld" or "the Company")
Director/ PDMR Shareholding
Hostelworld announces that on 17 May 2023 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 2 May 2020 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.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
(i) Gary Morrison (ii) Caroline Sherry |
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2 |
Reason for the notification |
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a) |
Position/status |
(i) Chief Executive Officer (ii) Chief Financial Officer |
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b) |
Initial Notification Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hostelworld Group plc
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b) |
LEI |
213800OC94PF2D675H41 |
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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 |
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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 |
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b) |
Nature of the transaction |
Acquisition of ordinary shares pursuant to the vesting of awards granted on 2 May 2020 under the Company's Long Term Incentive Plan |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
See 4(c) above |
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e) |
Date of the transaction |
17 May 2023
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f) |
Place of the transaction |
Outside a trading venue
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g) |
Additional Information |
- |
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