On the Beach Group PLC PDMR Transaction
March 27 2024 - 5:00AM
RNS Regulatory News
RNS Number : 4948I
On the Beach Group PLC
27 March 2024
27
March 2024
On the
Beach Group plc
("Company")
PDMR
Transaction
The Company announces that it has
been notified that on 25 March 2024, Richard Pennycook, Chairman
and Non-Executive Director of the Company, transferred 38,333
ordinary shares of 1 pence each in the Company ("Ordinary
Shares") held by him to an individual savings account ("ISA") held
in his name. This transfer was effected by the sale of 38,333
Ordinary Shares at a price of £1.56 per Ordinary Share and the
repurchase of 38,333 Ordinary Shares at a price of £1.55 per
Ordinary Share.
Following this transfer, the total
number of Ordinary Shares held by Richard Pennycook and persons
closely associated with him is unchanged and those parties are
beneficially interested in 48,267 Ordinary Shares in the Company's
issued share capital.
The Notification of Dealing Form
required in accordance with UK MAR is set out
below.
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
a)
|
Name
|
Richard Pennycook
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Chairman and Non-Executive Director
of On the Beach Group plc
|
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 1
pence each
GB00BYM1K758
|
b)
|
Nature of the transaction
|
1. Sale of
Ordinary Shares
2. Purchase
of Ordinary Shares
|
c)
|
Price(s) & Volume(s)
|
|
Price
|
Volume
|
1.
Sale
|
£1.56
|
38,333
|
2. Purchase
|
£1.55
|
38,333
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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END
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