• 06 Oct 25
 

On the Beach Group - PDMR LTIP AWARDS

On The Beach Group PLC | OTB | 222 -1.5 (-0.7%) | Mkt Cap: 336.4m


 
RNS Number : 2565C
On the Beach Group PLC
06 October 2025
 

6 OCTOBER 2025

ON THE BEACH GROUP PLC

("On the Beach", the "Company" or the "Group")

PDMR LTIP AWARDS

 

The notifications below are made in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and the dealings were in respect of ordinary shares of 1 pence each in the share capital of the Company ("Shares").

 

On 3 October 2025, the Company granted awards over Shares (the "Awards") under the On the Beach Group plc Long Term Incentive Plan ("LTIP"). The Awards, made for nil consideration, are nil-cost options established in accordance with the LTIP rules.

 

In line with the new Directors' Remuneration Policy approved by shareholders on 12 September 2025, vesting of the Awards is subject to continued employment. There are no formulaic performance targets applicable to the Awards, but the Remuneration Committee will undertake a discretionary assessment at the end of the vesting period to ensure that outcomes are appropriate in the context of Company performance, shareholder experience and any windfall gains. The Committee retains full discretion to reduce vesting levels where it considers that the formulaic outcome is not a fair or proportionate reflection of performance.

 

Further details for each PDMR are set out below.

 

PDMR

Role

Number of Shares over which Awards made

Shaun Morton

Chief Executive Officer

                      201,130

Jon Wormald

Chief Financial Officer

                      155,405

Zoe Harris

Chief Marketing Officer

                      156,171

Adam Hansen

Chief Strategy Officer

                      109,319

Kasia Michalska

Chief Product & Technology Officer

                      133,621

Jennie Cronin

Chief People Officer

                         90,090

Kirsteen Vickerstaff

General Counsel and Company Secretary

                      105,909

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

SHAUN MORTON

JON WORMALD

ZOE HARRIS

ADAM HANSEN

KASIA MICHALSKA

JENNIE CRONIN

KIRSTEEN VICKERSTAFF

2.

Reason for the notification

a)

Position / status

SHAUN MORTON- CHIEF EXECUTIVE OFFICER

JON WORMALD - CHIEF FINANCIAL OFFICER

ZOE HARRIS- CHIEF MARKETING OFFICER

ADAM HANSEN - CHIEF STRATEGY OFFICER

KASIA MICHALSKA - CHIEF PRODUCT & TECHNOLOGY OFFICER

JENNIE CRONIN- CHIEF PEOPLE OFFICER

KIRSTEEN VICKERSTAFF - GENERAL COUNSEL AND COMPANY SECRETARY

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

Awards made pursuant to the On the Beach Group plc Long Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

SHAUN MORTON - 201,130

Nil

JON WORMALD - 155,405

Nil

ZOE HARRIS - 156,171

Nil

ADAM HANSEN - 109,319

Nil

KASIA MICHALSKA - 133,621

Nil

JENNIE CRONIN - 90,090

Nil

KIRSTEEN VICKERSTAFF - 105,909

 

d)

Aggregated information

-          Aggregated volume

-          Price

N/A

e)

Date of the transaction

3 October 2025

f)

Place of the transaction

Outside a trading venue

 

 

ENDS

 

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