REG - On the Beach Group - Notification of transactions by PDMR

On Beach groupAnnouncement

18/12/2018 09:40

RNS Number : 8137K
On the Beach Group PLC
18 December 2018
 


18 December 2018
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 13 and 14 December 2018, relating to the PDMRs named below and in respect of ordinary shares of 1 pence each in the capital of the Company ("Shares").
 
The transactions arise in respect of the exercise of nil-cost options over Shares granted on 20 May 2016 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


22,018




Oliver Garner


17,477




Kirsteen Vickerstaff


3,784



 
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
Identification code


Ordinary shares of 1 pence
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


22,018



 



Sale of shares




Price(s)


Volume(s)




365.511p per share


22,018








d)


Aggregated information
-      Aggregated volume
-      Price


 
 
As above




e)


Date of the transaction


Exercise of option: 13 December 2018
Sale of shares: 14 December 2018




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 International 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
Identification code


Ordinary shares of 1 pence
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


17,477



 
 



Sale of shares




Price(s)


Volume(s)




365.511p per share


17,477








d)


Aggregated information
-      Aggregated volume
-      Price


 
 
As above
 




e)


Date of the transaction


Exercise of option: 13 December 2018
Sale of shares: 14 December 2018




f)


Place of the transaction


London Stock Exchange



 



1.


Details of PDMR / person closely associated with them ("PCA") 




a)


Name


Kirsteen Vickerstaff




2.


Reason for the notification




a)


Position / status


PDMR: 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
Identification code


Ordinary shares of 1 pence
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


3,784



 
 



Sale of shares




Price(s)


Volume(s)




365.511p per share


3,784








d)


Aggregated information
-      Aggregated volume
-      Price


 
 
As above




e)


Date of the transaction


Exercise of option: 13 December 2018
Sale of shares: 14 December 2018




f)


Place of the transaction


London Stock Exchange



 
For further information:
 



On the Beach Group plc
Simon Cooper, Chief Executive Officer
Paul Meehan, Chief Financial Officer
 


c/o FTI Consulting








FTI Consulting
Jonathon Brill
Alex Beagley
Fiona Walker
 
 


Tel: +44 (0)20 3727 1000







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