Last checked at 22 Dec 2020 12:31
22 December 2020
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On the Beach Group plcÂ
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("On the Beach", the "Company" or the "Group")
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Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
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As announced on 18 December 2020, Hawksford Trustees Jersey Limited, a PCA of Simon Cooper, has sold Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") at a price of 360 pence per Ordinary Share, as set out below.
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1 | Details of the person discharging managerial responsibilities | |
(a) | Name | Hawksford Trustees Jersey Limited (as trustees of the SC 2014 Settlement) on behalf of the family of Simon Cooper* |
2 | Reason for the notification | |
(a) | Position/status | PCA of Simon Cooper, Chief Executive 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, type of instrument Identification code | Ordinary Shares of 1 pence  GB00BYM1K758 |
(b) | Nature of the transaction | Sale of Ordinary Shares |
(c) | Price(s) and volume(s) | Volumes: 3,900,000 shares Price: 360 pence per share |
(d) | Aggregated Information, Aggregated volume, Prices | N/A (single transaction) |
(e) | Date of the transaction | 18 December 2020 |
(f) | Place of the transaction | London Stock Exchange |
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*For information, Simon Cooper's own direct shareholding has not changed since the initial public offering of the Company's shares in September 2015 (he still holds 2,034,301 shares, being 1.3% of the Company's issued share capital).