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ON THE BEACH GROUP PLC Remuneration Information 2023
4936_def-14a_2023-10-04_5c2939e7-5960-4c34-b31b-5d2755504604.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 7213O
On the Beach Group PLC
04 October 2023
4 OCTOBER 2023
ON THE BEACH GROUP PLC
("On the Beach", the "Company" or the "Group")
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 3 October 2023, awards over Shares ("FY24 Awards") were made under the On the Beach Group plc Long Term Incentive Plan ("LTIP"). The Awards, made for nil consideration, are nil-cost options established in accordance with the LTIP rules. There are no performance targets applicable to the Awards but vesting is subject to continued employment.
Under the Directors' Remuneration Policy and LTIP rules, the Remuneration Committee has discretion to adjust the vesting level of awards. In making its assessment at the end of the vesting period, the Remuneration Committee will take into account factors including (but not limited to) the shareholder experience and to what extent the outcome incorporates any windfall gain which may warrant adjustment.
| PDMR | Role | Number of Shares over which Awards made |
| Shaun Morton | Chief Executive Officer | 409,441 |
| Jon Wormald | Chief Financial Officer | 255,298 |
| Zoe Harris | Chief Marketing Officer | 317,919 |
| Adam Hansen | Chief Strategy Officer | 222,543 |
| Bill Allen | Chief Supply Officer | 215,110 |
| Kasia Michalska | Chief Technology & Product Officer | 260,115 |
| Andy Freeth | CEO, Classic Collection & Classic Package Holidays | 240,847 |
| Jennie Cronin | Director of People | 161,849 |
| Kirsteen Vickerstaff | General Counsel and Company Secretary | 172,473 |
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
SHAUN MORTON
JON WORMALD
ZOE HARRIS
ADAM HANSEN
BILL ALLEN
KASIA MICHALSKA
ANDY FREETH
JENNIE CRONIN
KIRSTEEN VICKERSTAFF
2.
Reason for the notification
a)
Position / status
SHAUN MORTON- CHIEF EXECUTIVE OFFICER
JON WORMALD - CHIEF FINANCIAL OFFICER
ZOE HARRIS- CHIEF MARKETING OFFICER
ADAM HANSEN - CHIEF STRATEGY OFFICER
BILL ALLEN- CHIEF SUPPLY OFFICER
KASIA MICHAELSKA - CHIEF TECHNOLOGY & PRODUCT OFFICER
ANDY FREETH - CEO, CLASSIC COLLECTION & CLASSIC PACKAGE HOLIDAYS
JENNIE CRONIN- DIRECTOR OF PEOPLE
KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY
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
Awards made pursuant to the On the Beach Group plc Long Term Incentive Plan ("LTIP")
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | SHAUN MORTON - 409,441 |
| Nil | JOHN WORMALD - 255,298 |
| Nil | ZOE HARRIS - 317,919 |
| Nil | ADAM HANSEN - 222,543 |
| Nil | BILL ALLEN - 215,110 |
| Nil | KASIA MICHAELSKA - 260,115 |
| Nil | ANDY FREETH - 240,847 |
| Nil | JENNIE CRONIN - 161,849 |
| Nil | KIRSTEEN VICKERSTAFF - 172,473 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 October 2023
f)
Place of the transaction
Outside a trading venue
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