On the Beach Group PLC PDMR Transaction

RNS Number : 4948I

On the Beach Group PLC

27 March 2024

 

27 March 2024

 

 

On the Beach Group plc

("Company")

 

PDMR Transaction

 

The Company announces that it has been notified that on 25 March 2024, Richard Pennycook, Chairman and Non-Executive Director of the Company, transferred 38,333 ordinary shares of 1 pence each in the Company ("Ordinary Shares") held by him to an individual savings account ("ISA") held in his name. This transfer was effected by the sale of 38,333 Ordinary Shares at a price of £1.56 per Ordinary Share and the repurchase of 38,333 Ordinary Shares at a price of £1.55 per Ordinary Share.

 

Following this transfer, the total number of Ordinary Shares held by Richard Pennycook and persons closely associated with him is unchanged and those parties are beneficially interested in 48,267 Ordinary Shares in the Company's issued share capital.

 

The Notification of Dealing Form required in accordance with UK MAR is set out below.  

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Pennycook
2	Reason for the notification
a)	Position/status	Chairman and Non-Executive Director 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	1.     Sale of Ordinary Shares 2.     Purchase of Ordinary Shares
c)	Price(s) & Volume(s)	Price Volume 1.     Sale £1.56 38,333 2.    Purchase £1.55 38,333
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	25 March 2024
f)	Place of the transaction	London Stock Exchange

 

 

 

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