4 January 2021
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 4 January 2021, 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 |
Bill Allen |
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") |
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a) |
Name |
Bill Allen |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR: Chief Supply Officer |
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b) |
Initial notification / amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
On the Beach Group plc |
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b) |
LEI |
213800K51Y9BZY7F9R69 |
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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 |
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a) |
Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BYM1K758 |
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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 |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
As above
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e) |
Date of the transaction |
Exercise of option: 4 January 2021 Sale of shares:4 January 2021 |
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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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c/o FTI Consulting |
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FTI Consulting Alex Beagley Fiona Walker Sam Macpherson
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Tel: +44 (0)20 3727 1000 |
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