12th Jan 2022 15:33
12 January 2022
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 transactions, effected on 10 and 11 January 2022, relating to the PDMRs 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 12 February 2019 under the On the Beach Group plc Long Term Incentive Plan and the subsequent sale of the Shares acquired.
PDMR | Role | Number of Shares acquired on exercise of share option and subsequently sold |
Oliver Garner | Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays | 10,272 |
Bill Allen | Chief Supply Officer | 10,272 |
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 Bill Allen | ||||||||||||||||||||||||
2. | Reason for the notification | |||||||||||||||||||||||||
a) | Position / status | Oliver Garner: Chief Executive Officer, Classic Collection Holidays and Classic Package Holidays Bill Allen: Chief Supply 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 | 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) | Oliver Garner:
Bill Allen:
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d) | Aggregated information - Aggregated volume - Price |
As above
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e) | Date of the transaction | Exercise of option: 10 January 2022 Sale of shares: 11 January 2022 | ||||||||||||||||||||||||
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
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--ENDS--
Related Shares:
On The Beach