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RNS Number : 2589Y On the Beach Group PLC 12 January 2022
12 January 2022
ON THE BEACH GROUP PLC
(the "Company")
Symbol: OTB
Notification of transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")
The Company provides notification of the following transactions, effected on
10 and 11 January 2022, relating to the PDMRs named below and in respect of
ordinary shares of 1 pence each in the capital of the Company ("Shares").
The transaction arose in respect of the exercise of nil-cost options over
Shares granted on 12 February 2019 under the On the Beach Group plc Long Term
Incentive Plan and the subsequent sale of the Shares acquired.
PDMR Role Number of Shares acquired on exercise of share option and subsequently sold
Oliver Garner Chief Executive Officer, Classic Collection Holidays and Classic Package 10,272
Holidays
Bill Allen Chief Supply Officer 10,272
The information below is provided in accordance with the requirements of
Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Oliver Garner
Bill Allen
2. Reason for the notification
a) Position / status Oliver Garner: Chief Executive Officer, Classic Collection Holidays and
Classic Package Holidays
Bill Allen: Chief Supply 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) Oliver Garner:
Exercise of option
Price(s) Volume(s)
nil 10,272
Bill Allen:
Exercise of option
Price(s) Volume(s)
nil 10,272
Sale of shares
Price(s) Volume(s)
295p per share 10,272
Sale of shares
Price(s) Volume(s)
295p per share 10,272
d) Aggregated information
- Aggregated volume
- Price As above
e) Date of the transaction Exercise of option: 10 January 2022
Sale of shares: 11 January 2022
f) Place of the transaction London Stock Exchange
Bill Allen:
Exercise of option
Price(s) Volume(s)
nil 10,272
Sale of shares
Price(s) Volume(s)
295p per share 10,272
Sale of shares
Price(s) Volume(s)
295p per share 10,272
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
Exercise of option: 10 January 2022
Sale of shares: 11 January 2022
f)
Place of the transaction
London Stock Exchange
For further information:
On the Beach Group plc c/o FTI Consulting
Simon Cooper, Chief Executive Officer
Shaun Morton, Chief Financial Officer
--ENDS--
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