Last checked at 21 Dec 2017 15:46
21 December 2017
ON THE BEACH GROUP PLC
Symbol: OTB
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
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 in the share capital of On the Beach Group plc.
On the Beach Group plc (LSE: OTB.L), the UK's leading online retailer for beach holidays announces that it was notified on 21 December 2017 that on 21 December 2017, Karen Meehan, the spouse of Paul Meehan, the Group's Chief Financial Officer, purchased 22,222 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 450p per share.
As a result, Mr Meehan's total interest in the Company, including his spouse's holding, is 22,222 Ordinary Shares, representing 0.02 per cent of the total voting rights of the Company.
There were 130,434,763 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 | KAREN MEEHAN
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2. | Reason for the notification | |||||
a) | Position / status | SPOUSE (PCA) OF PAUL MEEHAN, CHIEF FINANCIAL OFFICER AND PDMR
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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 ordinary shares in On the Beach Group plc | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
N/A | ||||
e) | Date of the transaction | 21 December 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||