PDMR/PCA Notification

RNS Number : 5568J

On the Beach Group PLC

22 December 2020

 

22 December 2020

On the Beach Group plc  

("On the Beach", the "Company" or the "Group")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

As announced on 18 December 2020, Hawksford Trustees Jersey Limited, a PCA of Simon Cooper, has sold Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") at a price of 360 pence per Ordinary Share, as set out below.

1	Details of the person discharging managerial responsibilities
(a)	Name	Hawksford Trustees Jersey Limited (as trustees of the SC 2014 Settlement) on behalf of the family of Simon Cooper*
2	Reason for the notification
(a)	Position/status	PCA of Simon Cooper, Chief Executive 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, type of instrument Identification code	Ordinary Shares of 1 pence GB00BYM1K758
(b)	Nature of the transaction	Sale of Ordinary Shares
(c)	Price(s) and volume(s)	Volumes: 3,900,000 shares Price: 360 pence per share
(d)	Aggregated Information, Aggregated volume, Prices	N/A (single transaction)
(e)	Date of the transaction	18 December 2020
(f)	Place of the transaction	London Stock Exchange

*For information, Simon Cooper's own direct shareholding has not changed since the initial public offering of the Company's shares in September 2015 (he still holds 2,034,301 shares, being 1.3% of the Company's issued share capital).

 

END

 

 

DSHTTBTTMTTTBLM