On the Beach Group PLC PDMR LTIP Awards (8353J)
24 December 2020 - 9:45PM
UK Regulatory
TIDMOTB
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
----------------------------------- ------------------
Chief Executive Officer, Classic
Collection Holidays and Classic
Oliver Garner Package Holidays 121,250
----------------------------------- ------------------
Chief Technology and Product
Stefan Nordin Officer 100,000
----------------------------------- ------------------
General Counsel and Company
Kirsteen Vickerstaff 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 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 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 Ordinary shares of 1 pence
of the financial GB00BYM1K758
instrument
Identification
code
---------------------------- -------------------------------------------------
b) Nature of the Awards made pursuant to the On the Beach
transaction Group plc Long Term Incentive Plan ("LTIP")
---------------------------- -------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil BILL ALLEN - 121,250
Nil OLIVER GARNER - 121,250
Nil STEFAN NORDIN - 100,000
Nil KIRSTEEN VICKERSTAFF - 30,000
Nil ADAM HANSEN - 54,000
-------------------------------
---------------------------- -------------------------------------------------
d) Aggregated information N/A
* Aggregated volume
* Pricea
---------------------------- -------------------------------------------------
e) Date of the 22 December 2020
transaction
---------------------------- -------------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------- -------------------------------------------------
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END
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