Director/PDMR Shareholding

Released : 31 May 2023 15:43

RNS Number : 2177BHostelworld Group PLC31 May 2023

LEI: 213800OC94PF2D675H41

31 May 2023

Hostelworld Group plc ("Hostelworld" or "the Company")

Director/ PDMR Shareholding

Hostelworld announces that on 30 and 31 May 2023 the following shares were sold on the PDMRs' behalf to provide for the settlement of the PDMRs' tax liabilities arising in connection with the acquisition of shares on 17 May 2023 under the terms of the Company's Long-Term Incentive Plan.

The relevant notifications 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.

31 May 2023

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

(i)           Gary Morrison

(ii)          Caroline Sherry

2

Reason for the notification

a)

Position/status

(i)            Chief Executive Officer

(ii)           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 in the capital of Hostelworld Group plc.

ISIN: GB00BYYN4225

b)

Nature of the transaction  

Sale of ordinary shares acquired upon vesting of awards granted on 2 May 2020 under the Company's Long Term Incentive Plan.

c)

Price(s) and volume(s)

30 May 2023

Price(s)

Volume(s)

(i)            £1.21

(ii)           £1.21

(i)            306,882

(ii)           33,436

Price(s)

Volume(s)

(i)            £1.18

(ii)           £1.18

(i)            40,617

(ii)           4,425

d)

Aggregated information

- Aggregated volume

- Price

See 4(c) above

e)

Date of the transaction

30 and 31 May 2023   

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

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