On the Beach Group PLC PDMR (0478K)
30 December 2020 - 2:16AM
UK Regulatory
TIDMOTB
RNS Number : 0478K
On the Beach Group PLC
29 December 2020
29 December 2020
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 transaction,
effected on 29 December 2020, relating to the PDMR 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 20 December 2017 under the On the
Beach Group plc Long Term Incentive Plan and the subsequent sale of
the Shares acquired.
PDMR Number of Shares acquired on exercise of share option and subsequently sold
Oliver Garner 12,105
----------------------------------------------------------------------------
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
------------------------------ --------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------
a) Position / status PDMR: Chief Executive Officer, Classic
Collection Holidays and Classic Package
Holidays
------------------------------ --------------------------------------------
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 Exercise of option granted under the
transaction On the Beach Group plc Long Term Incentive
Plan and sale of resulting shares
------------------------------ --------------------------------------------
c) Price(s) and Exercise of option
volume(s) Price(s) Volume(s)
----------
nil 12,105
----------
Sale of shares
Price(s) Volume(s)
----------
380.5p per share 12,105
----------
------------------------------ --------------------------------------------
d) Aggregated information
* Aggregated volume
As above
* Price
------------------------------ --------------------------------------------
e) Date of the Exercise of option: 29 December 2020
transaction Sale of shares: 29 December 2020
------------------------------ --------------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------------ --------------------------------------------
For further information:
On the Beach Group plc c/o FTI Consulting
Simon Cooper, Chief Executive
Officer
Shaun Morton, Chief Financial
Officer
FTI Consulting Tel: +44 (0)20 3727
Alex Beagley 1000
Fiona Walker
Sam Macpherson
--ENDS--
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END
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