Last checked at 26 May 2022 07:00
26 May 2022
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 transactions, effected on 24 May 2022, relating to the PDMRs named below and in respect of ordinary shares of 1 pence each in the capital of the Company ("Shares").
The transactions arose in respect of the exercise of nil-cost options over Shares granted on (i) 12 February 2019; and (ii) 9 July 2019, as amended on 22 December 2020 and 21 December 2021, 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 | 116,012 |
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") | |||||||||||||||||||||||||||||||
a) | Name |
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2. | Reason for the notification | |||||||||||||||||||||||||||||||
a) | Position / status |
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b) | Initial notification / amendment |
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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 options granted under the On the Beach Group plc Long Term Incentive Plan and sale of resulting shares | ||||||||||||||||||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | Exercise of option: 24 May 2022 Sale of shares: 24 May 2022 | ||||||||||||||||||||||||||||||
f) | Place of the transaction | London Stock Exchange | ||||||||||||||||||||||||||||||
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
| Tel: +44 (0)20 3727 1000 |
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