On the Beach Group PLC Notification of transactions by PDMR (8137K)
December 18 2018 - 3:37AM
UK Regulatory
TIDMOTB
RNS Number : 8137K
On the Beach Group PLC
18 December 2018
18 December 2018
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 transactions,
effected on 13 and 14 December 2018, relating to the PDMRs named
below and in respect of ordinary shares of 1 pence each in the
capital of the Company ("Shares").
The transactions arise in respect of the exercise of nil-cost
options over Shares granted on 20 May 2016 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 22,018
----------------------------------------------------------------------------
Oliver Garner 17,477
----------------------------------------------------------------------------
Kirsteen Vickerstaff 3,784
----------------------------------------------------------------------------
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 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 the Exercise of option granted under the
transaction On the Beach Group plc Long Term Incentive
Plan and sale of resulting shares
------------------------------ --------------------------------------------
c) Price(s) and Exercise of option
volume(s) Price(s) Volume(s)
----------
nil 22,018
----------
Sale of shares
Price(s) Volume(s)
----------
365.511p per share 22,018
----------
------------------------------ --------------------------------------------
d) Aggregated information
* Aggregated volume
As above
* Price
------------------------------ --------------------------------------------
e) Date of the Exercise of option: 13 December 2018
transaction Sale of shares: 14 December 2018
------------------------------ --------------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------------ --------------------------------------------
1. Details of PDMR / person closely associated with them
("PCA")
a) Name Oliver Garner
------------------------------ --------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------
a) Position / status PDMR: Chief International Officer
------------------------------ --------------------------------------------
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 the Exercise of option granted under the
transaction On the Beach Group plc Long Term Incentive
Plan and sale of resulting shares
------------------------------ --------------------------------------------
c) Price(s) and Exercise of option
volume(s) Price(s) Volume(s)
----------
nil 17,477
----------
Sale of shares
Price(s) Volume(s)
----------
365.511p per share 17,477
----------
------------------------------ --------------------------------------------
d) Aggregated information
* Aggregated volume
As above
* Price
------------------------------ --------------------------------------------
e) Date of the Exercise of option: 13 December 2018
transaction Sale of shares: 14 December 2018
------------------------------ --------------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------------ --------------------------------------------
1. Details of PDMR / person closely associated with them
("PCA")
a) Name Kirsteen Vickerstaff
------------------------------ --------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------
a) Position / status PDMR: General Counsel and Company Secretary
------------------------------ --------------------------------------------
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 the Exercise of option granted under the
transaction On the Beach Group plc Long Term Incentive
Plan and sale of resulting shares
------------------------------ --------------------------------------------
c) Price(s) and Exercise of option
volume(s) Price(s) Volume(s)
----------
nil 3,784
----------
Sale of shares
Price(s) Volume(s)
----------
365.511p per share 3,784
----------
------------------------------ --------------------------------------------
d) Aggregated information
* Aggregated volume
As above
* Price
------------------------------ --------------------------------------------
e) Date of the Exercise of option: 13 December 2018
transaction Sale of shares: 14 December 2018
------------------------------ --------------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------------ --------------------------------------------
For further information:
On the Beach Group plc c/o FTI Consulting
Simon Cooper, Chief Executive
Officer
Paul Meehan, Chief Financial
Officer
FTI Consulting Tel: +44 (0)20 3727
Jonathon Brill 1000
Alex Beagley
Fiona Walker
--ENDS--
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Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
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END
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