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
| |||||||
| 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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
