Hostelworld Group PLC Director/PDMR Shareholding
03 Mayo 2024 - 4:49AM
RNS Regulatory News
RNS Number : 1888N
Hostelworld Group PLC
03 May 2024
LEI: 213800OC94PF2D675H41
3 May 2024
Hostelworld Group plc ("Hostelworld" or
"the Company")
Grant of Awards under the Long-Term
Incentive Plan
Performance
Share Awards
Hostelworld announces that the following grants
of nil-cost options over ordinary shares in the capital of the
Company were made to Directors of the Company on 3 May 2024, under
the terms of the Company's Long-Term Incentive Plan.
|
Director
|
Position
|
No. of nil-cost options
granted
|
|
Gary Morrison
|
Chief Executive
Officer
|
328,202
|
|
Caroline Sherry
|
Chief Financial
Officer
|
174,665
|
No consideration was paid for the grant of the
awards.
The awards will vest in three years' time,
subject to continued employment and the satisfaction of performance
conditions.
The Notification of Dealing form provided in
accordance with the requirements of the Market Abuse Regulation are
set out below.
Notification of Transactions
by Persons Discharging Managerial Responsibilities and Persons
Closely Associated with them
The relevant disclsosures 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
|
1) Gary Morrison
2) Caroline
Sherry
|
|
|
2
|
Reason for the notification
|
|
|
a)
|
Position/status
|
1) Gary Morrison - Director/Chief
Executive Officer
2) Caroline Sherry - Director/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
ISIN: GB00BYYN4225
|
|
|
|
|
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of Nil cost options to
subscribe for ordinary shares in Hostelworld Group plc, made in
accordance with the Hostelworld Group plc Long Term Incentive
Plan.
|
|
c)
|
Price(s) and volume(s)
|
Nil Cost Options
|
Price(s)
|
Volume(s)
|
|
1) €0.00
2) €0.00
|
1) 328,202 (Gary Morrison)
2) 174,665 (Caroline
Sherry)
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
3 May 2024
|
|
f)
|
Place of transaction
|
Outside a trading venue
|
|
g)
|
Additional information
|
-
|
|
|
|
|
|
|
| |
Contacts:
Hostelworld Group plc
John Duggan, Company Secretary
Tel: +353 (0) 86 022 3553
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END
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