REG - On the Beach Group - PDMR Transaction

On Beach groupAnnouncement

06/12/2023 16:30

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RNS Number : 9246V  On the Beach Group PLC  06 December 2023

6 December 2023

 

On the Beach Group plc

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

 

PDMR Transaction

 

The Company announces that it has been notified that on 6 December 2023, Shaun
Morton, Jon Wormald and Zoe Harris purchased ordinary shares of 1 pence each
in the Company ("Ordinary Shares") as set out below at a price of 141.9783
pence per Ordinary Share. These share purchases satisfy the deferral of 50%
of the annual bonus for Executive Directors earned in respect of the Company's
financial year ended 30 September 2023, as set out in the Annual Report and
Accounts and as required by the Directors' Remuneration Policy. The shares are
subject to a two year holding period. Following these purchases, each
Director's shareholding is set out below.

 

 Name          Position  Number of shares purchased  Total shareholding
 Shaun Morton  CEO       36,450                      133,089
 Jon Wormald   CFO       7,406                       7,406
 Zoe Harris    CMO       37,198                      43,258

 

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

 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                                                         Shaun Morton
 2      Reason for the notification
 a)     Position/status                                              Chief Executive Officer 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

        141.9783 pence                                                                            36,450 Ordinary Shares
 d)     Aggregated information                                       N/A

        - Aggregated volume

        - Price
 e)     Date of the transaction                                      6 December 2023
 f)     Place of the transaction                                     London Stock Exchange

 

   1    Details of the person discharging managerial responsibilities / person closely

      associated

 a)     Name                                                         Jon Wormald
 2      Reason for the notification
 a)     Position/status                                              Chief Financial Officer 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

        141.9783 pence                                                                            7,406 Ordinary Shares
 d)     Aggregated information                                       N/A

        - Aggregated volume

        - Price
 e)     Date of the transaction                                      6 December 2023
 f)     Place of the transaction                                     London Stock Exchange

 

   1    Details of the person discharging managerial responsibilities / person closely

      associated

 a)     Name                                                         Zoe Harris
 2      Reason for the notification
 a)     Position/status                                              Chief Marketing Officer 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

        141.9783 pence                                                                            37,198 Ordinary Shares
 d)     Aggregated information                                       N/A

        - Aggregated volume

        - Price
 e)     Date of the transaction                                      6 December 2023
 f)     Place of the transaction                                     London Stock Exchange

 

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