공시 • Apr 02
Selina Hospitality PLC Announces Updates to Its Executive Leadership Team Selina Hospitality PLC announced recent updates to its executive leadership team. Gadi Hassin has been promoted to Chief Operating Officer (“COO”), where he oversees the operational, commercial and financial performance of Selina’s hotel portfolio. Mr. Hassin joined Selina in 2020 as Managing Partner of the APAC region where he was responsible for significant regional expansion and operational excellence. As COO, Mr. Hassin will leverage his 30 years of experience in the hospitality industry across 4 continents and 7 countries, including time at Hyatt Hotels Corporation, The Ritz Carlton, and the Ovolo Group. Rafael del Castillo has been appointed as Selina’s first Chief Revenue Officer (“CRO”), where he will be responsible for driving increased revenue performance at Selina’s hotel portfolio. His top two priorities will be to continue the traction to optimize occupancy levels and to grow the food and beverage business. Prior to Selina, Mr. del Castillo held leadership positions at a number of leisure and lodging companies, including managing marketing, sales, and product development at Valentin Hotel Group, overseeing the hotel product team across Latin America at Expedia Group, and leading market strategy for Marriott International Inc. in Mexico. Emilo Gracia was appointed as Chief People Officer of Selina. Mr. Gracia will oversee Selina’s more than 2,000 employee-base, training programs, compensation and benefits, and recruiting of corporate and hotel level roles. Prior to Selina, Mr. Gracia served as VP of Culture & Human Resources at the World Travel & Tourism Council (WTTC), where he played a pivotal role in developing strong leadership and coaching cultures in alignment with business objectives. Prior to his role at WTTC, Mr. Gracia held key international leadership positions at renowned organizations such as Michael Kors, Christian Louboutin and Value Retail, where he spearheaded strategic global HR initiatives and talent management programs to support business growth. In addition to welcoming new leadership team members, the company extends its sincere due to Lena Katz, former Chief Technology Officer, and Sam Khazary, former Executive Vice President and Global Head of Corporate Development, for their valuable contributions to company. Their leadership and dedication were instrumental to company's initial growth and development. New Risk • Mar 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 219% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-US$213m). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (219% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$76.6m market cap). New Risk • Jan 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$213m). Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$21.0m market cap). 공시 • Dec 05
Selina Hospitality PLC announced that it expects to receive $28 million in funding from Osprey Investments Limited Selina Hospitality PLC enter into subscription agreements Osprey Investments Limited for 140,000,000 shares at an issue price of $0.20 per share for gross proceeds of $28,000,000 on December 4, 2023. New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$29m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-US$213m). Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$29.0m market cap). 