On the Beach Group PLC PDMR Notification (1304A)
December 21 2017 - 9:46AM
UK Regulatory
TIDMOTB
RNS Number : 1304A
On the Beach Group PLC
21 December 2017
21 December 2017
ON THE BEACH GROUP PLC
Symbol: OTB
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
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 in the share capital of On the Beach Group plc.
On the Beach Group plc (LSE: OTB.L), the UK's leading online
retailer for beach holidays announces that it was notified on 21
December 2017 that on 21 December 2017, Karen Meehan, the spouse of
Paul Meehan, the Group's Chief Financial Officer, purchased 22,222
ordinary shares of 1p each in the Company ("Ordinary Shares") at a
price of 450p per share.
As a result, Mr Meehan's total interest in the Company,
including his spouse's holding, is 22,222 Ordinary Shares,
representing 0.02 per cent of the total voting rights of the
Company.
There were 130,434,763 shares in issue at the time of this
notification.
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 KAREN MEEHAN
--- ------------------------------ -----------------------------
2. Reason for the notification
--- -------------------------------------------------------------
a) Position SPOUSE (PCA) OF PAUL MEEHAN,
/ status CHIEF FINANCIAL OFFICER AND
PDMR
--- ------------------------------ -----------------------------
b) Initial notification Initial Notification
/ amendment
--- ------------------------------ -----------------------------
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 Ordinary shares of 1 pence
of the financial GB00BYM1K758
instrument
Identification
code
--- ------------------------------ -----------------------------
b) Nature of Purchase of ordinary shares
the transaction in On the Beach Group plc
--- ------------------------------ -----------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
450p 22,000
--------- ----------
--- ------------------------------ -----------------------------
d) Aggregated
information N/A
* Aggregated volume
* Price
--- ------------------------------ -----------------------------
e) Date of the 21 December 2017
transaction
--- ------------------------------ -----------------------------
f) Place of London Stock Exchange
the transaction
--- ------------------------------ -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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