13 January 2023
On The Beach Group plc
("On the Beach", "OTB", the "Company" or the "Group")
PDMR Transaction
The Company announced on 29 December 2022 that on 23 December, its CFO, Shaun Morton, had exercised share options and had sold shares to meet the tax liability generated by the exercise.
It has come to the Company's attention that an additional number of shares are required to be sold to meet the full tax liability and a further 13,061 shares have now been sold for this purpose.
Shaun Morton's shareholding in the Company is now 96,639 shares (0.06% of issued share capital).
The Notification of Dealing Form required in accordance with UK MAR is set out below.
For further information:
| FTI Consulting Alex Beagley Fiona Walker Sam Macpherson Rafaella de Freitas | Tel: +44 (0)20 3727 1000 onthebeach@fticonsulting.com |
| 1. | Details of PDMR / person closely associated with them ("PCA") | |
| a) | Name | Shaun Morton |
| 2. | Reason for the notification | |
| a) | Position / status | PDMR: Chief Financial Officer |
| 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 | Sale of shares to meet tax liability generated by the exercise of share options |
| c) | Price(s) and volume(s) | 176.0645p per share 13,061 shares
|
| d) | Aggregated information - Aggregated volume - Price | N/A
|
| e) | Date of the transaction | 12 January 2023 |
| f) | Place of the transaction | London Stock Exchange |
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