PDMR LTIP Awards

RNS Number : 8353J

On the Beach Group PLC

24 December 2020

 

24 December 2020

ON THE BEACH GROUP PLC

Symbol: OTB

PDMR LTIP Awards

The notifications below are all in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014 and the dealings were in respect of ordinary shares of 1 pence each ("Shares") in the share capital of On the Beach Group plc.

On 22 December 2020, the following awards over Shares (the "Awards") were made under the On the Beach Group plc Long Term Incentive Plan (the "Plan"). The Awards, made for nil consideration, are nil-cost options established in accordance with the rules of the Plan, and are subject to performance conditions.

PDMR	Role	Number of Shares subject to award
Bill Allen	Chief Supply Officer	121,250
Oliver Garner	Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays	121,250
Stefan Nordin	Chief Technology and Product Officer	100,000
Kirsteen Vickerstaff	General Counsel and Company Secretary	30,000
Adam Hansen	Director of Corporate Development	54,000

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	BILL ALLEN OLIVER GARNER STEFAN NORDIN KIRSTEEN VICKERSTAFF ADAM HANSEN
2.	Reason for the notification
a)	Position / status	BILL ALLEN - CHIEF SUPPLY OFFICER OLIVER GARNER - CHIEF EXECUTIVE OFFICER, CLASSIC COLLECTION HOLIDAYS AND CLASSIC PACKAGE HOLIDAYS STEFAN NORDIN - CHIEF TECHNOLOGY AND PRODUCT OFFICER KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY ADAM HANSEN - DIRECTOR OF CORPORATE DEVELOPMENT
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	Awards made pursuant to the On the Beach Group plc Long Term Incentive Plan ("LTIP")
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil Nil Nil Nil Nil BILL ALLEN - 121,250 OLIVER GARNER - 121,250 STEFAN NORDIN - 100,000 KIRSTEEN VICKERSTAFF - 30,000 ADAM HANSEN - 54,000
d)	Aggregated information -  Aggregated volume -  Pricea	N/A
e)	Date of the transaction	22 December 2020
f)	Place of the transaction	Outside a trading venue

 

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