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Last checked at 
10 Dec 2021 15:09
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") | |||||||||||||
a) | Name | Bill Allen | ||||||||||||
2. | Reason for the notification | |||||||||||||
a) | Position / status | PDMR: Chief Supply Officer | ||||||||||||
b) | Initial notification / amendment | Initial Notification | ||||||||||||
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 | Oliver Garner | ||||||||||||
2. | Reason for the notification | |||||||||||||
a) | Position / status | PDMR: Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays | ||||||||||||
b) | Initial notification / amendment | Initial Notification | ||||||||||||
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 | |||||||||||||
a) | Position / status | PDMR: Chief Technology and Product Officer | ||||||||||||
b) | Initial notification / amendment | Initial Notification | ||||||||||||
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 | ||||||||||||
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--
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