REG - On the Beach Group - PDMR Notification

On Beach groupAnnouncement

04/04/2019 10:00

RNS Number : 1381V
On the Beach Group PLC
04 April 2019
 


4 April 2019
On the Beach Group plc
("On the Beach", "OTB" or the "Company")
 
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
 
On the Beach Group plc (LSE: OTB.L), the UK's leading online retailer for beach holidays, announces that it was notified by Richard Pennycook, Chair of the Board, that following his appointment on 1 April 2019, he has purchased 38,333 ordinary shares of 1p each in the Company on 2 April 2019 at a price of 420p per share.
 
As a result, Mr Pennycook's total interest in the Company, is 38,333 ordinary shares, representing 0.03 per cent of the total voting rights of the Company.
 
There were 131,146,855 shares in issue at the time of this notification.
 
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


Richard Pennycook




2.


Reason for the notification




a)


Position / status


PDMR: Chair of the Board




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


Purchase of shares




c)


Price(s) and volume(s)


Volume: 38,333
Price: 420p




d)


Aggregated information
-     Aggregated volume
-     Price


N/A




e)


Date of the transaction


2 April 2019




f)


Place of the transaction


London Stock Exchange



 




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