PDMR

RNS Number : 0478K

On the Beach Group PLC

29 December 2020

 

29 December 2020

ON THE BEACH GROUP PLC

(the "Company")

Symbol: OTB

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

The Company provides notification of the following transaction, effected on 29 December 2020, relating to the PDMR named below and in respect of ordinary shares of 1 pence each in the capital of the Company ("Shares").

The transaction arose in respect of the exercise of nil-cost options over Shares granted on 20 December 2017 under the On the Beach Group plc Long Term Incentive Plan and the subsequent sale of the Shares acquired.

PDMR	Number of Shares acquired on exercise of share option and subsequently sold
Oliver Garner	12,105

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Oliver Garner
2.	Reason for the notification
a)	Position / status	PDMR: Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays
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	Exercise of option granted under the On the Beach Group plc Long Term Incentive Plan and sale of resulting shares
c)	Price(s) and volume(s)	Exercise of option Price(s) Volume(s) nil 12,105 Sale of shares Price(s) Volume(s) 380.5p per share 12,105
d)	Aggregated information -  Aggregated volume -  Price	As above
e)	Date of the transaction	Exercise of option: 29 December 2020 Sale of shares: 29 December 2020
f)	Place of the transaction	London Stock Exchange

For further information:

On the Beach Group plc Simon Cooper, Chief Executive Officer Shaun Morton, Chief Financial Officer	c/o FTI Consulting
FTI Consulting Alex Beagley Fiona Walker Sam Macpherson	Tel: [phone]

--ENDS--

 

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