REG - On the Beach Group - Director/PDMR Shareholding

On Beach groupAnnouncement

11/03/2025 16:15

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RNS Number : 2468A  On the Beach Group PLC  11 March 2025

11 March 2025

ON THE BEACH GROUP PLC

(the "Company")

 

Notification of transactions by Person Discharging Managerial Responsibilities
("PDMR")

 

The Company provides notification of the following transactions, effected on
10 March 2025, relating to the PDMRs named below and in respect of ordinary
shares of 1 pence each in the capital of the Company ("Shares").

 

The transactions relate to the exercise of nil-cost options over Shares
granted under the On the Beach Group plc Long Term Incentive Plan and the
subsequent sale of Shares acquired at a price per share of 227.59p. In the
case of Shaun Morton, CEO, the sale of Shares was solely to cover the tax
liability arising from the exercise of options.

 

Following these transactions, Shaun Morton holds 195,426 Shares, representing
0.12% of the Company's issued share capital.

 

 PDMR                                                       No. of nil-cost options exercised  Shares sold  Price per share  Shares retained
 Shaun Morton, Chief Executive Officer                      95,378                             45,054       227.59p          50,324
 Kasia Michalska, Chief Product & Technology  Officer       25,608                             25,608       227.59p          -

 

The information below is provided in accordance with Article 19 of the UK
Market Abuse Regulation.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                      Shaun Morton
 2.  Reason for the notification
 a)  Position / status                         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   Ordinary shares of 1 pence

     Identification code                       GB00BYM1K758
 b)  Nature of the transaction                 Exercise of option granted under the On the Beach Group plc Long Term
                                               Incentive Plan and sale of resulting shares to meet tax liability generated by
                                               the exercise.
 c)  Price(s) and volume(s)                    Exercise of option
                                               Price(s)           Volume(s)
                                               nil                95,378
                                               Sale of shares
                                               Price(s)           Volume(s)
                                               227.59p per share  45,054
 d)  Aggregated information

     -     Aggregated volume

     -     Price                               As above

 e)  Date of the transaction                   10 March 2025
 f)  Place of the transaction                  London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

As above

 

e)

Date of the transaction

10 March 2025

f)

Place of the transaction

London Stock Exchange

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                      Kasia Michalska
 2.  Reason for the notification
 a)  Position / status                         Chief Product & Technology 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   Ordinary shares of 1 pence

     Identification code                       GB00BYM1K758
 b)  Nature of the transaction                 Exercise of option granted under the On the Beach Group plc Long Term
                                               Incentive Plan and sale of resulting shares
 c)  Price(s) and volume(s)                    Exercise of option
                                               Price(s)           Volume(s)
                                               nil                25,608
                                               Sale of shares
                                               Price(s)           Volume(s)
                                               227.59p per share  25,608
 d)  Aggregated information

     -     Aggregated volume

     -     Price                               As above

 e)  Date of the transaction                   10 March 2025
 f)  Place of the transaction                  London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

As above

 

e)

Date of the transaction

10 March 2025

f)

Place of the transaction

London Stock Exchange

For further information:

 

 On the Beach Group plc                                          c/o FTI Consulting

 Kirsteen Vickerstaff, General Counsel & Company Secretary

 

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