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Safestay plc announced on 15 August 2023 that it granted an award of options to Peter Zielke, its Chief Operating Officer. These options cover 300,000 ordinary shares of 1 pence each, exercisable at 24 pence after three years from 15 August 2023, dependent on continued employment.
| Date | 15 Aug 2023 |
| Time | 17:15:01 |
| Category | Director/PDMR dealings |
| ID | 4150J |
15 August 2023
Safestay plc
("Safestay" or the "Company")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 15 August 2023 it granted an award of options over a total of 300,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme (the "Options") to Peter Zielke, Chief Operating Officer, who joined the Company on 8 November 2022.
The Options are exercisable at a price of 24 pence after a period of three years from 15 August 2023 dependent on continued employment over this period.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Peter Zielke |
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2 |
Reason for the notification |
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Chief Operating Officer |
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b) |
Initial notification/Amendment
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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 |
Safestay plc |
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b) |
LEI |
213800H1MT2FZDI3HK90 |
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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 Identification code |
Ordinary shares of £0.01p par value GB00BKT0J702 |
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b) |
Nature of the transaction |
Grant of options |
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume
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N/A single transaction |
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e) |
Date of the transaction |
15 August 2023 |
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f) |
Place of the transaction |
Outside a trading venue |
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Enquiries:
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Safestay plc |
+44 (0) 20 8815 1600 |
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Larry Lipman |
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Liberum Capital Limited |
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(Nominated Adviser and Broker) |
+44 (0) 20 3100 2000 |
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Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt |
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Novella |
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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/