Stockomendation Regulatory News Service

RNS For On The Beach Group (OTB)

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PDMR Notification

04/04/2019
RNS Number : 1381V
On the Beach Group PLC
04 April 2019
 

4 April 2019

On the Beach Group plc

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

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

On the Beach Group plc (LSE: OTB.L), the UK's leading online retailer for beach holidays, announces that it was notified by Richard Pennycook, Chair of the Board, that following his appointment on 1 April 2019, he has purchased 38,333 ordinary shares of 1p each in the Company on 2 April 2019 at a price of 420p per share.

 

As a result, Mr Pennycook's total interest in the Company, is 38,333 ordinary shares, representing 0.03 per cent of the total voting rights of the Company.

 

There were 131,146,855 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

Richard Pennycook

2.

Reason for the notification

a)

Position / status

PDMR: Chair of the Board

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

Purchase of shares

c)

Price(s) and volume(s)

Volume: 38,333

Price: 420p

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2 April 2019

f)

Place of the transaction

London Stock Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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