PDMR LTIP Awards

RNS Number : 4019R

On the Beach Group PLC

28 February 2023

 

ON THE BEACH GROUP PLC

Symbol: OTB

 28 February 2023

PDMR LTIP Awards

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

Following approval of the Directors' Remuneration Policy and the On the Beach Group plc Long Term Incentive Plan 2023 (the "Plan") at the AGM on 27 January 2023, the Company announces awards over Shares ("Awards") were made under the Plan on 24 February 2023. 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 pursuant to the rules of the Plan.

PDMR	Role	Number of Shares over which Awards made
Simon Cooper	Chief Executive Officer	138,883
Shaun Morton	Chief Financial Officer	176,980
Zoe Harris	Chief Marketing Officer	204,208
Adam Hansen	Chief Strategy Officer	142,327
Bill Allen	Chief Supply Officer	138,171
Stefan Nordin	Chief Technology Officer	183,979
Kasia Michalska	Chief Product Officer	136,139
Andy Freeth	CEO, Classic Collection & Classic Package Holidays	154,703
Jennie Cronin	Director of People	103,960
Kirsteen Vickerstaff	General Counsel and Company Secretary	110,785

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	SIMON COOPER SHAUN MORTON ZOE HARRIS ADAM HANSEN BILL ALLEN STEFAN NORDIN KASIA MICHALSKA ANDY FREETH JENNIE CRONIN KIRSTEEN VICKERSTAFF
2.	Reason for the notification
a)	Position / status	SIMON COOPER- CHIEF EXECUTIVE OFFICER SHAUN MORTON- CHIEF FINANCIAL OFFICER ZOE HARRIS- CHIEF MARKETING OFFICER ADAM HANSEN - CHIEF STRATEGY OFFICER BILL ALLEN-  CHIEF SUPPLY OFFICER STEFAN NORDIN - CHIEF TECHNOLOGY OFFICER KASIA MICHAELSKA - CHIEF PRODUCT OFFICER ANDY FREETH - CEO, CLASSIC COLLECTION & CLASSIC PACKAGE HOLIDAYS JENNIE CRONIN- DIRECTOR OF PEOPLE 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 SIMON COOPER - 138,883 Nil SHAUN MORTON - 176,980 Nil ZOE HARRIS - 204,208 Nil ADAM HANSEN - 142,327 Nil BILL ALLEN - 138,171 Nil STEFAN NORDIN - 183,979 Nil KASIA MICHAELSKA - 136,139 Nil ANDY FREETH - 154,703 Nil JENNIE CRONIN - 103,960 Nil  KIRSTEEN VICKERSTAFF - 110,785
d)	Aggregated information -   Aggregated volume -   Price	N/A
e)	Date of the transaction	24 February 2023
f)	Place of the transaction	Outside a trading venue

 

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