On the Beach Group PLC PDMR Notification (1304A)

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

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December 21, 2017 10:46 ET (15:46 GMT)