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PDMR Transaction

13 Jan 2023 16:01

RNS Number : 7286M
On the Beach Group PLC
13 January 2023
 

13 January 2023

On The Beach Group plc

("On the Beach", "OTB", the "Company" or the "Group")

 

PDMR Transaction

 

The Company announced on 29 December 2022 that on 23 December, its CFO, Shaun Morton, had exercised share options and had sold shares to meet the tax liability generated by the exercise.

 

It has come to the Company's attention that an additional number of shares are required to be sold to meet the full tax liability and a further 13,061 shares have now been sold for this purpose.

 

Shaun Morton's shareholding in the Company is now 96,639 shares (0.06% of issued share capital).

 

The Notification of Dealing Form required in accordance with UK MAR is set out below.

 

For further information:

 

FTI Consulting

Alex Beagley

Fiona Walker

Sam Macpherson

Rafaella de Freitas

Tel: +44 (0)20 3727 1000

onthebeach@fticonsulting.com

 

 

1.

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

a)

Name

Shaun Morton

2.

Reason for the notification

a)

Position / status

PDMR: Chief Financial 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

Sale of shares to meet tax liability generated by the exercise of share options

c)

Price(s) and volume(s)

176.0645p per share

13,061 shares

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

 

e)

Date of the transaction

12 January 2023

f)

Place of the transaction

London Stock Exchange

 

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