Last checked at 22 Dec 2020 12:31
22 December 2020
On the Beach Group plc
("On the Beach", the "Company" or the "Group")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
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.
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 |
*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).