REG - On the Beach Group - PDMR

On Beach groupAnnouncement

10/12/2021 15:10

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RNS Number : 3297V  On the Beach Group PLC  10 December 2021

10 December 2021

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 transaction, effected on 9
December 2021, 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 9 July 2019, as amended on 22 December 2020, under the On
the Beach Group plc Long Term Incentive Plan and the subsequent sale of the
Shares acquired.

 

 PDMR           Number of Shares acquired on exercise of share option and subsequently sold
 Bill Allen     121,250
 Oliver Garner  121,250
 Stefan Nordin  100,000

 

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                                     Bill Allen
 2.  Reason for the notification
 a)  Position / status                        PDMR: 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)                   Exercise of option
                                              Price(s)  Volume(s)
                                              Nil       121,250

 

Sale of shares
                                              Price(s)          Volume(s)
                                              228.68 per share  121,250
 d)  Aggregated information                   As above

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                  Exercise of option: 9 December 2021

                                              Sale of shares: 9 December 2021
 f)  Place of the transaction                 London Stock Exchange

 

 

 Sale of shares
 Price(s)          Volume(s)
 228.68 per share  121,250

d)

Aggregated information

-      Aggregated volume

-      Price

As above

 

e)

Date of the transaction

Exercise of option: 9 December 2021

Sale of shares: 9 December 2021

f)

Place of the transaction

London Stock Exchange

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Oliver Garner
 2.  Reason for the notification
 a)  Position / status                        PDMR: Chief Executive Officer, Classic Collection Holidays and Classic Package
                                              Holidays
 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)                   Exercise of option
                                              Price(s)  Volume(s)
                                              Nil       121,250

 

Sale of shares
                                              Price(s)          Volume(s)
                                              228.68 per share  121,250
 d)  Aggregated information                   As above

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                  Exercise of option: 9 December 2021

                                              Sale of shares: 9 December 2021
 f)  Place of the transaction                 London Stock Exchange

 

 

 Sale of shares
 Price(s)          Volume(s)
 228.68 per share  121,250

d)

Aggregated information

-      Aggregated volume

-      Price

As above

 

e)

Date of the transaction

Exercise of option: 9 December 2021

Sale of shares: 9 December 2021

f)

Place of the transaction

London Stock Exchange

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Stefan Nordin
 2.  Reason for the notification
 a)  Position / status                        PDMR: Chief Technology and Product 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)                   Exercise of option
                                              Price(s)  Volume(s)
                                              Nil       100,000

 

Sale of shares
                                              Price(s)                    Volume(s)
                                              228.68 per share per share  100,000
 d)  Aggregated information                   As above

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                  Exercise of option: 9 December 2021

                                              Sale of shares: 9 December 2021
 f)  Place of the transaction                 London Stock Exchange

 

 

 Sale of shares
 Price(s)                    Volume(s)
 228.68 per share per share  100,000

d)

Aggregated information

-      Aggregated volume

-      Price

As above

 

e)

Date of the transaction

Exercise of option: 9 December 2021

Sale of shares: 9 December 2021

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

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

 Alex Beagley

 Fiona Walker

 Sam Macpherson

 Rafaella de Freitas

--ENDS--

 

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