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ON THE BEACH GROUP PLC Director's Dealing 2016

May 20, 2016

4936_dirs_2016-05-20_415a93b9-427f-4a5c-8fc6-82cf4affbde4.html

Director's Dealing

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RNS Number : 8074Y

On the Beach Group PLC

20 May 2016

20 May 2016 

On The Beach Group plc (the "Company")

Director/PDMR shareholdings

On 20 May 2016, On the Beach Group plc granted awards pursuant to the On the Beach Group plc Long Term Incentive Plan ("Plan") in the form of nil-cost options over ordinary shares of £0.01 each in the capital of the Company ("Awards") to the following directors and persons discharging managerial responsibilities:

Name Role Director/PDMR No. of Shares under Award
Simon Cooper Chief Executive Officer Director 91,743
Wendy Parry Chief

Financial Officer
Director 80,275
Jonathan Smith Chief Technology Officer PDMR 73,394
Alistair Daly Chief Marketing Officer PDMR 73,394
William Allen Supply Director PDMR 73,394
Oliver Garner International Director PDMR 58,257
Kirsteen Vickerstaff General Counsel and Company Secretary PDMR 12,615

The Awards are subject to performance targets linked to growth in the Company's Earnings per Share and Absolute Total Shareholder Return measured over a three year period ending on 30 September 2018. The Awards are expected to vest on the later of 30 September 2018 and when the Remuneration Committee has determined whether the performance targets have been achieved. Awards will normally be exercisable following vesting until the tenth anniversary of the grant date.

The Award is the first award to be made under the Plan.  

For further information:

On the Beach Group plc

Simon Cooper, Chief Executive Officer

Wendy Parry, Chief Financial Officer

Kirsteen Vickerstaff, Company Secretary
c/o FTI Consulting
FTI Consulting

Jonathon Brill

Alex Beagley

Tom Hufton
Tel: +44 (0)20 3727 1000

[email protected]

This notification is being made in accordance with DTR 3.1.4

This information is provided by RNS

The company news service from the London Stock Exchange

END

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