HSW.L

Hostelworld Group Plc
Hostelworld Grp PLC - Director/PDMR Shareholding
3rd May 2024, 09:49
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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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