HSW Hostelworld Group Plc

TIDMHSW

RNS Number : 6141Z

Hostelworld Group PLC

16 May 2023

LEI: 213800OC94PF2D675H41

16 May 2023

Hostelworld Group plc

(the "Company")

Issue of Shares in connection with the Company's Long Term Incentive Plan and Total Voting Rights

Today Zedra Trust Company (Guernsey) Limited, the trustee of the Hostelworld Group Employee Benefit Trust (the "Trustee" and the "Trust"), subscribed for 1,645,994 ordinary shares of EUR0.01 each in the capital of the Company for a subscription price equal to the nominal value per share (the "EBT Shares"). The EBT Shares are held in a nominee account on behalf of the Trustee and will be used to satisfy awards granted by the Company under its Long-Term Incentive Plan (the "Plan") as and when they vest/become exercisable in accordance with the rules of the Plan.

The EBT Shares rank pari passu in all respects with the existing issued shares of the Company.

In accordance with DTR 5.6.1R, following the above share issue, the Company's issued share capital consists of 123,500,268 ordinary shares of EUR0.01 each (the "Ordinary Shares"), with one vote per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights is 123,500,268 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under either the FCA's Disclosure Guidance and Transparency Rules or the Transparency (Directive 2004/109/EC) Regulations 2007, as amended.

For further information, please contact:

Hostelworld Group plc

   John Duggan, Company Secretary                                             Tel: +353 86 022 3553 

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END

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(END) Dow Jones Newswires

May 16, 2023 09:39 ET (13:39 GMT)

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