REG - On the Beach Group - PDMR LTIP AWARDS

On Beach groupAnnouncement

06/10/2025 16:30

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RNS Number : 2565C  On the Beach Group PLC  06 October 2025

6 OCTOBER 2025

ON THE BEACH GROUP PLC

("On the Beach", the "Company" or the "Group")

PDMR LTIP AWARDS

 

The notifications below are made in accordance with the requirements of
Article 19 (3) of the EU Market Abuse Regulation 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and the
dealings were in respect of ordinary shares of 1 pence each in the share
capital of the Company ("Shares").

 

On 3 October 2025, the Company granted awards over Shares (the "Awards") under
the On the Beach Group plc Long Term Incentive Plan ("LTIP"). The Awards, made
for nil consideration, are nil-cost options established in accordance with the
LTIP rules.

 

In line with the new Directors' Remuneration Policy approved by shareholders
on 12 September 2025, vesting of the Awards is subject to continued
employment. There are no formulaic performance targets applicable to the
Awards, but the Remuneration Committee will undertake a discretionary
assessment at the end of the vesting period to ensure that outcomes are
appropriate in the context of Company performance, shareholder experience and
any windfall gains. The Committee retains full discretion to reduce vesting
levels where it considers that the formulaic outcome is not a fair or
proportionate reflection of performance.

 

Further details for each PDMR are set out below.

 

 PDMR                  Role                                    Number of Shares over which Awards made
 Shaun Morton          Chief Executive Officer                                       201,130
 Jon Wormald           Chief Financial Officer                                       155,405
 Zoe Harris            Chief Marketing Officer                                       156,171
 Adam Hansen           Chief Strategy Officer                                        109,319
 Kasia Michalska       Chief Product & Technology Officer                            133,621
 Jennie Cronin         Chief People Officer                                             90,090
 Kirsteen Vickerstaff  General Counsel and Company Secretary                         105,909

 

 

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

                                              JON WORMALD

                                              ZOE HARRIS

                                              ADAM HANSEN

                                              KASIA MICHALSKA

                                              JENNIE CRONIN

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

                                              JON WORMALD - CHIEF FINANCIAL OFFICER

                                              ZOE HARRIS- CHIEF MARKETING OFFICER

                                              ADAM HANSEN - CHIEF STRATEGY OFFICER

                                              KASIA MICHALSKA - CHIEF PRODUCT & TECHNOLOGY OFFICER

                                              JENNIE CRONIN- CHIEF PEOPLE OFFICER

                                              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
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                              Nil       SHAUN MORTON - 201,130
                                              Nil       JON WORMALD - 155,405
                                              Nil       ZOE HARRIS - 156,171
                                              Nil       ADAM HANSEN - 109,319
                                              Nil       KASIA MICHALSKA - 133,621
                                              Nil       JENNIE CRONIN - 90,090
                                              Nil       KIRSTEEN VICKERSTAFF - 105,909

 
 d)  Aggregated information                   N/A

     -          Aggregated volume

     -          Price
 e)  Date of the transaction                  3 October 2025
 f)  Place of the transaction                 Outside a trading venue

 

d)

Aggregated information

-          Aggregated volume

-          Price

N/A

e)

Date of the transaction

3 October 2025

f)

Place of the transaction

Outside a trading venue

 

 

ENDS

 

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