PDMR Transaction

RNS Number : 7286M

On the Beach Group PLC

13 January 2023

 

13 January 2023

On The Beach Group plc

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

PDMR Transaction

The Company announced on 29 December 2022 that on 23 December, its CFO, Shaun Morton, had exercised share options and had sold shares to meet the tax liability generated by the exercise.

It has come to the Company's attention that an additional number of shares are required to be sold to meet the full tax liability and a further 13,061 shares have now been sold for this purpose.

Shaun Morton's shareholding in the Company is now 96,639 shares (0.06% of issued share capital).

The Notification of Dealing Form required in accordance with UK MAR is set out below.

For further information:

FTI Consulting Alex Beagley Fiona Walker Sam Macpherson Rafaella de Freitas

Tel: [phone] [e-mail]

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Shaun Morton
2.	Reason for the notification
a)	Position / status	PDMR: Chief Financial 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 Identification code	Ordinary shares of 1 pence GB00BYM1K758
b)	Nature of the transaction	Sale of shares to meet tax liability generated by the exercise of share options
c)	Price(s) and volume(s)	176.0645p per share 13,061 shares
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	12 January 2023
f)	Place of the transaction	London Stock Exchange

 

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