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PDMR LTIP Awards

24 Dec 2021 07:00

RNS Number : 6961W
On the Beach Group PLC
24 December 2021
 

24 December 2021

ON THE BEACH GROUP PLC

Symbol: OTB

 

 

PDMR LTIP Awards

 

The notifications below are all in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014 and the dealings were in respect of ordinary shares of 1 pence each ("Shares") in the share capital of On the Beach Group plc.

 

On 21 December 2021, awards over Shares ("Awards") were made under the On the Beach Group plc Long Term Incentive Plan ("Plan"). The Awards, made for nil consideration, are nil-cost options established in accordance with the rules of the Plan and vesting is subject to continued employment and performance conditions. None of the recipients of the Awards are Directors of On the Beach Group plc but are members of the Executive Committee.

 

PDMR

Role

Number of Shares over which Awards made

Bill Allen

Chief Supply Officer

86,796

Oliver Garner

Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays

108,163

Stefan Nordin

Chief Technology and Product Officer

115,571

Zoe Harris

Chief Marketing Officer

189,347

Adam Hansen

Director of Corporate Development

77,327

Kirsteen Vickerstaff

General Counsel and Company Secretary

69,592

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

BILL ALLEN

 

OLIVER GARNER

 

STEFAN NORDIN

 

ZOE HARRIS

 

ADAM HANSEN

 

KIRSTEEN VICKERSTAFF

2.

Reason for the notification

a)

Position / status

BILL ALLEN - CHIEF SUPPLY OFFICER

OLIVER GARNER - CEO, CLASSIC COLLECTION HOLIDAYS AND CLASSIC PACKAGE HOLIDAYS

STEFAN NORDIN - CHIEF TECHNOLOGY AND PRODUCT OFFICER

ZOE HARRIS - CHIEF MARKETING OFFICER

ADAM HANSEN - DIRECTOR OF CORPORATE DEVELOPMENT

KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY

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

Awards made pursuant to the On the Beach Group plc Long Term Incentive Plan ("LTIP")

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

BILL ALLEN - 86,796

Nil

OLIVER GARNER - 108,163

Nil

STEFAN NORDIN - 115,571

Nil

ZOE HARRIS - 189,347

Nil

ADAM HANSEN - 77,327

 

Nil

KIRSTEEN VICKERSTAFF - 69,592

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

21 December 2021

f)

Place of the transaction

Outside a trading venue

 

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