13 January 2023
On The Beach Group plc
("On the Beach", "OTB", the "Company" or the "Group")
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:
Rafaella de Freitas
Tel: +44 (0)20 3727 1000
Details of PDMR / person closely associated with them ("PCA")
Reason for the notification
Position / status
PDMR: Chief Financial Officer
Initial notification / amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
On the Beach Group plc
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
Description of the financial instrument
Ordinary shares of 1 pence
Nature of the transaction
Sale of shares to meet tax liability generated by the exercise of share options
Price(s) and volume(s)
176.0645p per share
- Aggregated volume
Date of the transaction
12 January 2023
Place of the transaction
London Stock Exchange