On the Beach Group PLC PDMR Notification (1381V)

TIDMOTB

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               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                      Purchase of shares 
       transaction 
     ---------------------------------  ----------------------------- 
 c)   Price(s) and                       Volume: 38,333 
       volume(s)                          Price: 420p 
     ---------------------------------  ----------------------------- 
 d)        Aggregated information        N/A 
             *    Aggregated volume 
 
 
             *    Price 
     ---------------------------------  ----------------------------- 
 e)   Date of the                        2 April 2019 
       transaction 
     ---------------------------------  ----------------------------- 
 f)   Place of the                       London Stock Exchange 
       transaction 
     ---------------------------------  ----------------------------- 
 

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 [e-mail] or visit www.rns.com.

END

DSHVZLBBKZFEBBQ

(END) Dow Jones Newswires

April 04, 2019 05:00 ET (09:00 GMT)