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On the Beach Group (OTB)

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Thursday 24 December, 2020

On the Beach Group

PDMR LTIP Awards

RNS Number : 8353J
On the Beach Group PLC
24 December 2020
 

24 December 2020

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 22 December 2020, the following awards over Shares (the "Awards") were made under the On the Beach Group plc Long Term Incentive Plan (the "Plan"). The Awards, made for nil consideration, are nil-cost options established in accordance with the rules of the Plan, and are subject to performance conditions.

 

PDMR

Role

Number of Shares subject to award

 

Bill Allen

Chief Supply Officer

121,250

Oliver Garner

Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays

121,250

Stefan Nordin

Chief Technology and Product Officer

100,000

Kirsteen Vickerstaff

General Counsel and Company Secretary

30,000

Adam Hansen

Director of Corporate Development

54,000

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

BILL ALLEN

 

OLIVER GARNER

 

STEFAN NORDIN

 

KIRSTEEN VICKERSTAFF

ADAM HANSEN

2.

Reason for the notification

a)

Position / status

BILL ALLEN - CHIEF SUPPLY OFFICER

OLIVER GARNER - CHIEF EXECUTIVE OFFICER, CLASSIC COLLECTION HOLIDAYS AND CLASSIC PACKAGE HOLIDAYS

STEFAN NORDIN - CHIEF TECHNOLOGY AND PRODUCT OFFICER

KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY

ADAM HANSEN - DIRECTOR OF CORPORATE DEVELOPMENT

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

 

Nil

 

Nil

 

Nil

 

Nil

BILL ALLEN - 121,250

 

OLIVER GARNER - 121,250

 

STEFAN NORDIN - 100,000

 

KIRSTEEN VICKERSTAFF - 30,000

 

ADAM HANSEN - 54,000

 

 

d)

Aggregated information

-  Aggregated volume

-  Pricea

N/A

e)

Date of the transaction

22 December 2020

f)

Place of the transaction

Outside a trading venue

 

 

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