9 July 2021
On the Beach Group plc
("Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR")
On the Beach Group plc (LSE: OTB.L), has been informed that, following the completion of the placing of the Company's shares announced on 7 July 2021 and admission of the shares on 9 July 2021, the following PDMRs have subscribed for shares in the Company as set out below, at a price per share of 330p.
| A | B | C | D | E |
| Name of PDMR/PCA | Position/Status | Number of placing shares to be subscribed | Shareholding on Admission | Shareholding as a % of Enlarged Issued Share Capital on Admission |
| Simon Cooper* | PDMR - Chief Executive Officer | 30,303 | 7,849,603 | 4.746% |
| Richard Pennycook | PDMR - Chair of the Board of Directors | 2,297 | 48,267 | 0.029% |
| Elaine O'Donnell* | PDMR - Non-Executive Director | 3,030 | 11,447 | 0.007% |
| David Kelly | PDMR - Non-Executive Director | 3,030 | 10,258 | 0.006% |
| Adam Hansen | PDMR - Director of Corporate Development | 3,030 | 8,873 | 0.005% |
| Stefan Nordin | PDMR - Chief Technology and Product Officer | 3,030 | 6,913 | 0.004% |
| Zoe Harris | PDMR - Chief Marketing Officer | 6,060 | 6,060 | 0.004% |
| Justine Greening | PDMR - Non-Executive Director | 3,636 | 3,636 | 0.002% |
| Shaun Morton | PDMR - Chief Financial Officer | 3,030 | 3,030 | 0.002% |
* Includes shares held by PCAs
The table below contains the information required to be disclosed by the Company pursuant to article 19 of the Market Abuse Regulation in relation to the dealings referred to above.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | As stated in column A of table above |
| 2 | Reason for the notification | |
| (a) | Position/status | As stated in column B of table above |
| (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 £0.01 each in On the Beach Group plc
Identification code for On the Beach Group plc ordinary shares: GB00BYM1K758 |
| (b) | Nature of the transaction | Placing of shares by way of accelerated bookbuild, as announced on 7 July 2021 |
| (c) | Price(s) and volume(s) | Volumes: as stated in column C of table above. Price: 330p per share |
| (d) | Aggregated Information, Aggregated volume, Prices | N/A |
| (e) | Date of the transaction | 9 July 2021 |
| (f) | Place of the transaction | London Stock Exchange |
For further information:
| On the Beach Group plc Simon Cooper, Chief Executive Officer Shaun Morton, Chief Financial Officer
| c/o FTI Consulting |
| FTI Consulting Alex Beagley Fiona Walker Sam Macpherson | Tel: +44 (0)20 3727 1000 |
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