REG - On the Beach Group - PDMR/PCA Notification

On Beach groupAnnouncement

14/08/2023 11:00

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RNS Number : 2362J  On the Beach Group PLC  14 August 2023

14 August 2023

 

On the Beach Group plc

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

 

Notification of transactions by Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them

 

On the Beach Group plc (LSE: OTB.L), a leading UK online retailer for beach
holidays, announces that Hawksford Trustees Jersey Limited (as trustees of
the SC 2014 Settlement), a PCA of Simon Cooper (Founder Director NED of On the
Beach Group plc), notified the Company on 11 August 2023 that he
had purchased 2,823,862  ordinary shares of 1 pence each in the Company
("Ordinary Shares") at price of 88.0907 pence per Ordinary Share
(£2,487,559.80 in aggregate).

 

Following this purchase, Simon Cooper, will have an interest in 12,521,226
Ordinary Shares, representing 7.51% of the issued share capital of the
Company, as outlined below.

 

 Shareholder                                                Number of shares  % of issued share capital
 Hawksford Trustees Jersey Limited (a PCA of Simon Cooper)  10,427,589        6.26%
 Simon Cooper (in his own name)                             2,093,637         1.26%
 TOTAL                                                      12,521,226        7.51%

 

 

The Notification of Dealing Form required in accordance with UK MAR is set
out below.

 

For further information:

 

 FTI Consulting        Tel: +44 (0)20 3727 1000

 Alex Beagley          onthebeach@fticonsulting.com

 Fiona Walker

 Sam Macpherson

 Rafaella de Freitas

 

 

About On the Beach

On the Beach is a consumer-centric disruptor on a mission to continually
democratise easy access, hassle free, great value holidays. Having invested in
proposition, technology, brand and service, our asset light model is well
positioned to continue to attract and retain the widest possible audience of
beach holidaymakers. We are a leading online retailer in the UK short haul
beach holiday market. By expanding into B2B and Long Haul channels, we have
doubled our UK addressable market, and have a long‐term vision to
become Europe's leading online retailer of beach holidays.

 

www.onthebeachgroupplc.com (http://www.onthebeachgroupplc.com/)

 

   1    Details of the person discharging managerial responsibilities / person closely

      associated

 a)     Name                                                         Hawksford Trustees Jersey Limited (as trustees of the SC 2014 Settlement) on
                                                                     behalf of the family of Simon Cooper
 2      Reason for the notification
 a)     Position/status                                              PCA of Simon Cooper, Founder Director NED of On the Beach Group plc
 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, type of instrument  Ordinary shares of 1 pence each

        Identification code                                          GB00BYM1K758

 b)     Nature of the transaction                                    Purchase of Ordinary Shares
 c)     Price(s) and volume(s)                                       Price                                    Volume

        88.0907 pence                                                                                         2,823,862 Ordinary Shares
 d)     Aggregated information

        - Aggregated volume                                          2,823,862

        - Price                                                      88.0907p
 e)     Date of the transaction                                      11 August 2023
 f)     Place of the transaction                                     London Stock Exchange

 

 

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