Last checked at 24 Dec 2020 10:45
24 December 2020
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 22 December 2020, the following awards over Shares (the "Awards") were made under the On the Beach Group plc Long Term Incentive Plan (the "Plan"). The Awards, made for nil consideration, are nil-cost options established in accordance with the rules of the Plan, and are subject to performance conditions.
PDMR | Role | Number of Shares subject to award
| |
Bill Allen | Chief Supply Officer | 121,250 | |
Oliver Garner | Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays | 121,250 | |
Stefan Nordin | Chief Technology and Product Officer | 100,000 | |
Kirsteen Vickerstaff | General Counsel and Company Secretary | 30,000 | |
Adam Hansen | Director of Corporate Development | 54,000 |
1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | BILL ALLEN
OLIVER GARNER
STEFAN NORDIN
KIRSTEEN VICKERSTAFF ADAM HANSEN | ||||
2. | Reason for the notification | |||||
a) | Position / status | BILL ALLEN - CHIEF SUPPLY OFFICER OLIVER GARNER - CHIEF EXECUTIVE OFFICER, CLASSIC COLLECTION HOLIDAYS AND CLASSIC PACKAGE HOLIDAYS STEFAN NORDIN - CHIEF TECHNOLOGY AND PRODUCT OFFICER KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY ADAM HANSEN - DIRECTOR OF CORPORATE DEVELOPMENT | ||||
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) |
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d) | Aggregated information - Aggregated volume - Pricea | N/A | ||||
e) | Date of the transaction | 22 December 2020 | ||||
f) | Place of the transaction | Outside a trading venue
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