PDMR LTIP Awards

RNS Number : 6961W

On the Beach Group PLC

24 December 2021

 

24 December 2021

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 21 December 2021, awards over Shares ("Awards") were made under the On the Beach Group plc Long Term Incentive Plan ("Plan"). The Awards, made for nil consideration, are nil-cost options established in accordance with the rules of the Plan and vesting is subject to continued employment and performance conditions. None of the recipients of the Awards are Directors of On the Beach Group plc but are members of the Executive Committee.

PDMR	Role	Number of Shares over which Awards made
Bill Allen	Chief Supply Officer	86,796
Oliver Garner	Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays	108,163
Stefan Nordin	Chief Technology and Product Officer	115,571
Zoe Harris	Chief Marketing Officer	189,347
Adam Hansen	Director of Corporate Development	77,327
Kirsteen Vickerstaff	General Counsel and Company Secretary	69,592

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	BILL ALLEN OLIVER GARNER STEFAN NORDIN ZOE HARRIS ADAM HANSEN KIRSTEEN VICKERSTAFF
2.	Reason for the notification
a)	Position / status	BILL ALLEN - CHIEF SUPPLY OFFICER OLIVER GARNER - CEO, CLASSIC COLLECTION HOLIDAYS AND CLASSIC PACKAGE HOLIDAYS STEFAN NORDIN - CHIEF TECHNOLOGY AND PRODUCT OFFICER ZOE HARRIS - CHIEF MARKETING OFFICER ADAM HANSEN - DIRECTOR OF CORPORATE DEVELOPMENT KIRSTEEN VICKERSTAFF - 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	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 BILL ALLEN - 86,796 Nil OLIVER GARNER - 108,163 Nil STEFAN NORDIN - 115,571 Nil ZOE HARRIS - 189,347 Nil ADAM HANSEN - 77,327 Nil KIRSTEEN VICKERSTAFF - 69,592
d)	Aggregated information -   Aggregated volume -   Price	N/A
e)	Date of the transaction	21 December 2021
f)	Place of the transaction	Outside a trading venue

 

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