REG - On the Beach Group - PDMR LTIP Awards

On Beach groupAnnouncement

28/02/2023 17:30

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RNS Number : 4019R  On the Beach Group PLC  28 February 2023

ON THE BEACH GROUP PLC

Symbol: OTB

 

 28 February 2023

PDMR LTIP Awards

 

The notifications below are all in accordance with the requirements of Article
19 of the UK Market Abuse Regulation and the dealings were in respect of
ordinary shares of 1 pence each ("Shares") in the share capital of On the
Beach Group plc ("Company").

 

Following approval of the Directors' Remuneration Policy and the On the Beach
Group plc Long Term Incentive Plan 2023 (the "Plan") at the AGM on 27 January
2023, the Company announces awards over Shares ("Awards") were made under the
Plan on 24 February 2023. The Awards, made for nil consideration, are nil-cost
options established in accordance with the rules of the Plan and vesting is
subject to continued employment pursuant to the rules of the Plan.

 

 PDMR                  Role                                                    Number of Shares over which Awards made
 Simon Cooper          Chief Executive Officer                                 138,883
 Shaun Morton          Chief Financial Officer                                 176,980
 Zoe Harris            Chief Marketing Officer                                 204,208
 Adam Hansen           Chief Strategy Officer                                  142,327
 Bill Allen            Chief Supply Officer                                    138,171
 Stefan Nordin         Chief Technology Officer                                183,979
 Kasia Michalska       Chief Product Officer                                   136,139
 Andy Freeth           CEO, Classic Collection & Classic Package Holidays      154,703
 Jennie Cronin         Director of People                                      103,960
 Kirsteen Vickerstaff  General Counsel and Company Secretary                   110,785

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     SIMON COOPER

                                              SHAUN MORTON

                                              ZOE HARRIS

                                              ADAM HANSEN

                                              BILL ALLEN

                                              STEFAN NORDIN

                                              KASIA MICHALSKA

                                              ANDY FREETH

                                              JENNIE CRONIN

                                              KIRSTEEN VICKERSTAFF
 2.  Reason for the notification
 a)  Position / status                        SIMON COOPER- CHIEF EXECUTIVE OFFICER

                                              SHAUN MORTON- CHIEF FINANCIAL OFFICER

                                              ZOE HARRIS- CHIEF MARKETING OFFICER

                                              ADAM HANSEN - CHIEF STRATEGY OFFICER

                                              BILL ALLEN-  CHIEF SUPPLY OFFICER

                                              STEFAN NORDIN - CHIEF TECHNOLOGY OFFICER

                                              KASIA MICHAELSKA - CHIEF PRODUCT OFFICER

                                              ANDY FREETH - CEO, CLASSIC COLLECTION & CLASSIC PACKAGE HOLIDAYS

                                              JENNIE CRONIN- DIRECTOR OF PEOPLE

                                              KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY
 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                Awards made pursuant to the On the Beach Group plc Long Term Incentive Plan
                                              ("LTIP")
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                              Nil       SIMON COOPER - 138,883
                                              Nil       SHAUN MORTON - 176,980
                                              Nil       ZOE HARRIS - 204,208
                                              Nil       ADAM HANSEN - 142,327
                                              Nil       BILL ALLEN - 138,171
                                              Nil       STEFAN NORDIN - 183,979
                                              Nil       KASIA MICHAELSKA - 136,139
                                              Nil       ANDY FREETH - 154,703
                                              Nil       JENNIE CRONIN - 103,960
                                              Nil        KIRSTEEN VICKERSTAFF - 110,785

 
 d)  Aggregated information                   N/A

     -          Aggregated volume

     -          Price
 e)  Date of the transaction                  24 February 2023
 f)  Place of the transaction                 Outside a trading venue

 

d)

Aggregated information

-          Aggregated volume

-          Price

N/A

e)

Date of the transaction

24 February 2023

f)

Place of the transaction

Outside a trading venue

 

 

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