Last checked at 4 Apr 2019 10:00
4 April 2019
On the Beach Group plc
("On the Beach", "OTB" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
On the Beach Group plc (LSE: OTB.L), the UK's leading online retailer for beach holidays, announces that it was notified by Richard Pennycook, Chair of the Board, that following his appointment on 1 April 2019, he has purchased 38,333 ordinary shares of 1p each in the Company on 2 April 2019 at a price of 420p per share.
As a result, Mr Pennycook's total interest in the Company, is 38,333 ordinary shares, representing 0.03 per cent of the total voting rights of the Company.
There were 131,146,855 shares in issue at the time of this notification.
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 | Richard Pennycook |
2. | Reason for the notification | |
a) | Position / status | PDMR: Chair of the Board |
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 | Purchase of shares |
c) | Price(s) and volume(s) | Volume: 38,333 Price: 420p |
d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 2 April 2019 |
f) | Place of the transaction | London Stock Exchange |