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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