12th Mar 2020 07:00
Safestay plc
("Safestay", the "Company" or the "Group")
Director Dealing
Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, has been notified that Larry Lipman, Chairman of the Company, purchased 15,000 Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") on 10 March 2020 at a price of 18.5 pence per share and 50,000 Ordinary Shares on 11 March 2020 at a price of 19.25 pence per share. Following these purchases, Larry Lipman now holds 271,054 Ordinary Shares, representing 0.41% of the Company's issued share capital.
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 £0.01 par value GB00BKT0J702 | ||||
b) | Nature of the transaction | Purchase | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume
|
65,000 19.1p | ||||
e) | Date of the transaction | 10 and 11 March 2020 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR).
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/Laura Hamilton |
|
|
|
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/
Related Shares:
Safestay