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On the Beach Group (OTB)

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Tuesday 22 December, 2020

On the Beach Group

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).

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