REG - Hostelworld Grp PLC - Director/PDMR Shareholding

HostelworldAnnouncement

03/05/2024 11:00

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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     Ordinary Shares of €0.01 each

         Identification code

                                                                         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     1) 328,202 (Gary Morrison)

                                                                         2) €0.00     2) 174,665 (Caroline Sherry)

 

 d)      Aggregated information                                          N/A

         - Aggregated volume

         - Price
 e)      Date of the transaction                                         3 May 2024
 f)      Place of transaction                                            Outside a trading venue
 g)      Additional information                                          -

 

 

 

 

 

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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