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ON THE BEACH GROUP PLC Director's Dealing 2021
4936_dirs_2021-12-10_9fd47400-46f0-4638-a4fe-b616b542eede.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3297V
On the Beach Group PLC
10 December 2021
10 December 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 9 December 2021, relating to the PDMRs 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 9 July 2019, as amended on 22 December 2020, 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 | 121,250 |
| Oliver Garner | 121,250 |
| Stefan Nordin | 100,000 |
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
Bill Allen
2.
Reason for the notification
a)
Position / status
PDMR: Chief Supply Officer
b)
Initial notification / amendment
Initial Notification
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 of the financial instrument
Identification code
Ordinary shares of 1 pence
GB00BYM1K758
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
c)
Price(s) and volume(s)
| Exercise of option | |
| Price(s) | Volume(s) |
| Nil | 121,250 |
| Sale of shares | |
| Price(s) | Volume(s) |
| 228.68 per share | 121,250 |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
Exercise of option: 9 December 2021
Sale of shares: 9 December 2021
f)
Place of the transaction
London Stock Exchange
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 / amendment
Initial Notification
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 of the financial instrument
Identification code
Ordinary shares of 1 pence
GB00BYM1K758
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
c)
Price(s) and volume(s)
| Exercise of option | |
| Price(s) | Volume(s) |
| Nil | 121,250 |
| Sale of shares | |
| Price(s) | Volume(s) |
| 228.68 per share | 121,250 |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
Exercise of option: 9 December 2021
Sale of shares: 9 December 2021
f)
Place of the transaction
London Stock Exchange
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Stefan Nordin
2.
Reason for the notification
a)
Position / status
PDMR: Chief Technology and Product Officer
b)
Initial notification / amendment
Initial Notification
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 of the financial instrument
Identification code
Ordinary shares of 1 pence
GB00BYM1K758
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
c)
Price(s) and volume(s)
| Exercise of option | |
| Price(s) | Volume(s) |
| Nil | 100,000 |
| Sale of shares | |
| Price(s) | Volume(s) |
| 228.68 per share per share | 100,000 |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
Exercise of option: 9 December 2021
Sale of shares: 9 December 2021
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 |
c/o FTI Consulting | |
| FTI Consulting Alex Beagley Fiona Walker Sam Macpherson Rafaella de Freitas |
Tel: +44 (0)20 3727 1000 |
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