PDMR Notification

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 / status	SPOUSE (PCA) OF PAUL MEEHAN, CHIEF FINANCIAL OFFICER AND PDMR
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 ordinary shares in On the Beach Group plc
c)	Price(s) and volume(s)	Price(s) Volume(s) 450p  22,000
d)	Aggregated information -      Aggregated volume -      Price	N/A
e)	Date of the transaction	21 December 2017
f)	Place of the transaction	London Stock Exchange

 

END

 

 

DSHEFLFLDLFZFBZ