Director/PDMR Shareholding
Three executive directors purchased ordinary shares at 141.98p per share to satisfy deferred bonus obligations.
- Shaun Morton shares purchased 36,450
- Jon Wormald shares purchased 7,406
- Zoe Harris shares purchased 37,198
- Purchase price per share 141.9783 pence
- Shaun Morton total shareholding 133,089
- Zoe Harris total shareholding 43,258
Select text to share a quote on X · sign in to keep highlights & notes in your OTB notes
The Company announces that it has been notified that on 6 December 2023, Shaun Morton, Jon Wormald and Zoe Harris purchased ordinary shares of 1 pence each in the Company ("Ordinary Shares") as set out below at a price of 141.9783 pence per Ordinary Share. These share purchases satisfy the deferral of 50% of the annual bonus for Executive Directors earned in respect of the Company's financial year ended 30 September 2023, as set out in the Annual Report and Accounts and as required by the Directors' Remuneration Policy. The shares are subject to a two year holding period. Following these purchases, each Director's shareholding is set out below.
| Name | Position | Number of shares purchased | Total shareholding |
|---|---|---|---|
| Shaun Morton | CEO | 36,450 | 133,089 |
| Jon Wormald | CFO | 7,406 | 7,406 |
| Zoe Harris | CMO | 37,198 | 43,258 |
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 | Shaun Morton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer of On the Beach Group plc | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | On the Beach Group plc | |
| b) | LEI | 213800K51Y9BZY7F9R69 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BYM1K758 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volume(s) | Price | Volume |
| 141.9783 pence | 36,450 Ordinary Shares | ||
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 6 December 2023 | |
| f) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jon Wormald | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer of On the Beach Group plc | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | On the Beach Group plc | |
| b) | LEI | 213800K51Y9BZY7F9R69 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BYM1K758 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volume(s) | Price | Volume |
| 141.9783 pence | 7,406 Ordinary Shares | ||
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 6 December 2023 | |
| f) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Zoe Harris | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing Officer of On the Beach Group plc | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | On the Beach Group plc | |
| b) | LEI | 213800K51Y9BZY7F9R69 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BYM1K758 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volume(s) | Price | Volume |
| 141.9783 pence | 37,198 Ordinary Shares | ||
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 6 December 2023 | |
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.