OTB.L

On The Beach Group Plc
On the Beach Group - PDMR Transaction
3rd December 2024, 15:53
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RNS Number : 6588O
On the Beach Group PLC
03 December 2024
 

3 December 2024

 

On the Beach Group plc

("On the Beach", "OTB" or the "Group")

 

PDMR Transaction

 

The Company announces that it has been notified that on 3 December 2024, Shaun Morton, Jon Wormald and Zoe Harris purchased ordinary shares of 1 pence each in the Company ("Ordinary Shares") as set out below at a price of 208.5 pence per Ordinary Share. These share purchases satisfy the deferral of 50% of the annual bonus for Executive Directors earned in respect of the Company's financial year ended 30 September 2024, as set out in the Annual Report and Accounts and as required by the Directors' Remuneration Policy. The shares are subject to a two-year holding period. Following these purchases, each Director's shareholding is set out below.

 

Name

Position

Number of shares purchased

Total shares held outright

Shaun Morton

CEO

12,013

145,102

Jon Wormald

CFO

7,490

14,896

Zoe Harris

CMO

9,872

53,130

 

The Notification of Dealing Form required in accordance with UK MAR is set out below.

 

For further information:

 

FTI Consulting

Alex Beagley

Harriet Jackson

Hannah Butler

Lia Bevan

Tel: +44 (0)20 3727 1000

onthebeach@fticonsulting.com

 

 

  1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Shaun Morton

2

Reason for the notification

a)

Position/status

Chief Executive Officer of On the Beach Group plc

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, type of instrument

Identification code

 

Ordinary shares of 1 pence each

GB00BYM1K758

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Price

Volume

208.5 pence

12,013 Ordinary Shares

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

3 December 2024

f)

Place of the transaction

London Stock Exchange

 

  1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Wormald

2

Reason for the notification

a)

Position/status

Chief Financial Officer of On the Beach Group plc

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, type of instrument

Identification code

 

Ordinary shares of 1 pence each

GB00BYM1K758

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Price

Volume

208.5 pence

7,490 Ordinary Shares

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

3 December 2024

f)

Place of the transaction

London Stock Exchange

 

  1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Zoe Harris

2

Reason for the notification

a)

Position/status

Chief Marketing Officer of On the Beach Group plc

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, type of instrument

Identification code

 

Ordinary shares of 1 pence each

GB00BYM1K758

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Price

Volume

208.5 pence

9,872 Ordinary Shares

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

3 December 2024

f)

Place of the transaction

London Stock Exchange

 

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