t
| Date | 10 Dec 2021 |
| Time | 15:09:01 |
| Category | Director/PDMR dealings |
| ID | 3297V |
10 December 2021
ON THE BEACH GROUP PLC
(the "Company")
Symbol: OTB
Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company provides notification of the following transaction, effected on 9 December 2021, relating to the PDMRs named below and in respect of ordinary shares of 1 pence each in the capital of the Company ("Shares").
The transaction arose in respect of the exercise of nil-cost options over Shares granted on 9 July 2019, as amended on 22 December 2020, under the On the Beach Group plc Long Term Incentive Plan and the subsequent sale of the Shares acquired.
|
PDMR |
Number of Shares acquired on exercise of share option and subsequently sold |
|
Bill Allen |
121,250 |
|
Oliver Garner |
121,250 |
|
Stefan Nordin |
100,000 |
The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
|
1. |
Details of PDMR / person closely associated with them ("PCA") |
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|
a) |
Name |
Bill Allen |
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|
2. |
Reason for the notification |
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|
a) |
Position / status |
PDMR: Chief Supply Officer |
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|
b) |
Initial notification / amendment |
Initial Notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
On the Beach Group plc |
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|
b) |
LEI |
213800K51Y9BZY7F9R69 |
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|
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 |
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|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BYM1K758 |
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|
b) |
Nature of the transaction |
Exercise of option granted under the On the Beach Group plc Long Term Incentive Plan and sale of resulting shares |
||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
As above
|
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|
e) |
Date of the transaction |
Exercise of option: 9 December 2021 Sale of shares: 9 December 2021 |
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|
f) |
Place of the transaction |
London Stock Exchange |
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|
1. |
Details of PDMR / person closely associated with them ("PCA") |
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|
a) |
Name |
Oliver Garner |
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|
2. |
Reason for the notification |
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|
a) |
Position / status |
PDMR: Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays |
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|
b) |
Initial notification / amendment |
Initial Notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||||
|
a) |
Name |
On the Beach Group plc |
||||||||||||
|
b) |
LEI |
213800K51Y9BZY7F9R69 |
||||||||||||
|
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 Identification code |
Ordinary shares of 1 pence GB00BYM1K758 |
||||||||||||
|
b) |
Nature of the transaction |
Exercise of option granted under the On the Beach Group plc Long Term Incentive Plan and sale of resulting shares |
||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
As above
|
||||||||||||
|
e) |
Date of the transaction |
Exercise of option: 9 December 2021 Sale of shares: 9 December 2021 |
||||||||||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||||||||||
|
1. |
Details of PDMR / person closely associated with them ("PCA") |
|||||||||||||
|
a) |
Name |
Stefan Nordin |
||||||||||||
|
2. |
Reason for the notification |
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|
a) |
Position / status |
PDMR: Chief Technology and Product Officer |
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|
b) |
Initial notification / amendment |
Initial Notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||||
|
a) |
Name |
On the Beach Group plc |
||||||||||||
|
b) |
LEI |
213800K51Y9BZY7F9R69 |
||||||||||||
|
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 Identification code |
Ordinary shares of 1 pence GB00BYM1K758 |
||||||||||||
|
b) |
Nature of the transaction |
Exercise of option granted under the On the Beach Group plc Long Term Incentive Plan and sale of resulting shares |
||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
As above
|
||||||||||||
|
e) |
Date of the transaction |
Exercise of option: 9 December 2021 Sale of shares: 9 December 2021 |
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|
f) |
Place of the transaction |
London Stock Exchange |
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For further information:
|
On the Beach Group plc Simon Cooper, Chief Executive Officer Shaun Morton, Chief Financial Officer
|
c/o FTI Consulting |
|
|
FTI Consulting Alex Beagley Fiona Walker Sam Macpherson Rafaella de Freitas
|
Tel: +44 (0)20 3727 1000 |
|
--ENDS--