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RNS Number : 5451K On the Beach Group PLC 08 December 2025
8 December 2025
On the Beach Group plc
("On the Beach", "OTB", the "Company" or the "Group")
EBT Market Purchase Programme
On the Beach Group plc, today announces that VG Corporate Trustee Limited (the
"Trustee"), as Trustee of the On the Beach Group Employee Benefit Trust (No.2)
(the "EBT") will shortly commence making market purchases of ordinary shares
of £0.01 each in OTB ("Shares") (the "EBT Market Purchase Programme").
Purchases under the EBT Market Purchase Programme are for a maximum aggregate
consideration of £5 million (inclusive of brokerage and dealing charges)
which has been funded by the Company by way of gift to the EBT.
Shares purchased under the EBT Market Purchase Programme will be used to
satisfy existing, planned and anticipated awards under OTB's employee share
schemes, or as otherwise permissible within the terms of the EBT trust deed,
in order to ensure that the Company operates within the dilution limits
approved by shareholders.
For further information:
On the Beach Group plc via FTI Consulting
Shaun Morton, Chief Executive Officer
Jon Wormald, Chief Financial Officer
FTI Consulting Tel: +44 (0)20 3727 1000
Alex Beagley onthebeach@fticonsulting.com
Harriet Jackson
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