On the Beach Group PLC Director/PDMR Shareholding (4177G)
26 May 2017 - 11:35PM
UK Regulatory
TIDMOTB
RNS Number : 4177G
On the Beach Group PLC
26 May 2017
26 May 2017
ON THE BEACH GROUP PLC
Symbol: OTB
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
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 in the share capital of On the Beach Group plc.
On 26 May 2017, Awards over shares were made under the On the
Beach Group plc Long Term Incentive Plan (the "Plan"),
consequently, the share interests of the under-noted directors and
persons discharging managerial responsibility have changed
following the making of the Awards.
The Awards, made for nil consideration, are nil-cost options and
vesting is subject to performance conditions (earnings per share
(70% of each Award) and total shareholder return targets (30% of
each Award)) established in accordance with the rules of the Plan
and measured over a three year period commencing on 1 October
2016.
Director/PDMR Number of shares over which Awards made
---------------------- ----------------------------------------
Simon Cooper 99,502
---------------------- ----------------------------------------
Paul Meehan 186,567
---------------------- ----------------------------------------
Jonathan Smith 79,602
---------------------- ----------------------------------------
Alistair Daly 79,602
---------------------- ----------------------------------------
Bill Allen 79,602
---------------------- ----------------------------------------
Oliver Garner 63,184
---------------------- ----------------------------------------
Kirsteen Vickerstaff 14,366
---------------------- ----------------------------------------
There were 130,434,763 shares in issue at the time of this
notification.
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 SIMON COOPER
PAUL MEEHAN
JONATHAN SMITH
ALISTAIR DALY
BILL ALLEN
OLVER GARNER
KIRSTEEN VICKERSTAFF
--- ------------------------------ -------------------------------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------------------------------
a) Position SIMON COOPER - CHIEF EXECUTIVE
/ status OFFICER
PAUL MEEHAN - CHIEF FINANCIAL
OFFICER
JONATHAN SMITH - CHIEF TECHNOLOGY
OFFICER
ALISTAIR DALY - CHIEF MARKETING
OFFICER
BILL ALLEN - CHIEF SUPPLY OFFICER
OLIVER GARNER - CHIEF INTERNATIONAL
OFFICER
KIRSTEEN VICKERSTAFF - GENERAL
COUNSEL AND COMPANY SECRETARY
--- ------------------------------ -------------------------------------------------------------
b) Initial notification Initial Notification
/ amendment
--- ------------------------------ -------------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- ---------------------------------------------------------------------------------------------
a) Name On the Beach Group plc
--- ------------------------------ -------------------------------------------------------------
b) LEI OTB
--- ------------------------------ -------------------------------------------------------------
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 Ordinary shares of 1 pence
of the financial GB00BYM1K758
instrument
Identification
code
--- ------------------------------ -------------------------------------------------------------
b) Nature of Awards made pursuant to the
the transaction On the Beach Group plc Long
Term Incentive Plan ("LTIP")
--- ------------------------------ -------------------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- -------------------------------
Nil SIMON COOPER - 99,502
Nil PAUL MEEHAN - 186,567
Nil JONATHAN SMITH - 79,602
Nil ALISTAIR DALY - 79,602
Nil BILL ALLEN - 79,602
Nil OLVER GARNER - 63,184
Nil KIRSTEEN VICKERSTAFF - 14,366
--------- -------------------------------
--- ------------------------------ -------------------------------------------------------------
d) Aggregated Director/PDMR Shares held Shares under option
information ---------------------- ------------ --------------------
* Aggregated volume SIMON COOPER 11,330,950* 191,245
---------------------- ------------ --------------------
PAUL MEEHAN 0 186,567
---------------------- ------------ --------------------
JONATHAN SMITH 3,149,943 152,996
---------------------- ------------ --------------------
ALISTAIR DALY 3,149,943 152,996
---------------------- ------------ --------------------
BILL ALLEN 550,370 152,996
---------------------- ------------ --------------------
OLIVER GARNER 365,815 121,441
---------------------- ------------ --------------------
KIRSTEEN VICKERSTAFF 942 26,981
---------------------- ------------ --------------------
* This includes shares held
via Hawksford Trustees Jersey
Limited (as trustees of the
Sule Cooper 2014 Settlement)
on behalf of the family of Simon
Cooper
SIMON COOPER - Nil
PAUL MEEHAN - Nil
JONATHAN SMITH - Nil
ALISTAIR DALY - Nil
BILL ALLEN - Nil
* Price OLVER GARNER - Nil
KIRSTEEN VICKERSTAFF - Nil
--- ------------------------------ -------------------------------------------------------------
e) Date of the 26 May 2017
transaction
--- ------------------------------ -------------------------------------------------------------
f) Place of Outside a trading venue
the transaction
--- ------------------------------ -------------------------------------------------------------
Kirsteen Vickerstaff
Company Secretary
--ENDS--
This information is provided by RNS
The company news service from the London Stock Exchange
END
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