RNS Number : 8074Y
On the Beach Group PLC
20 May 2016
20 May 2016
On The Beach Group plc (the "Company")
Director/PDMR shareholdings
On 20 May 2016, On the Beach Group plc granted awards pursuant to the On the Beach Group plc Long
Term Incentive Plan ("Plan") in the form of nil-cost options over ordinary shares of £0.01 each in the capital of the Company
("Awards") to the following directors and persons discharging managerial responsibilities:
|
Name
|
Role
|
Director/PDMR
|
No. of Shares under Award
|
|
Simon Cooper
|
Chief Executive Officer
|
Director
|
91,743
|
|
Wendy Parry
|
Chief
Financial Officer
|
Director
|
80,275
|
|
Jonathan Smith
|
Chief Technology Officer
|
PDMR
|
73,394
|
|
Alistair Daly
|
Chief Marketing Officer
|
PDMR
|
73,394
|
|
William Allen
|
Supply Director
|
PDMR
|
73,394
|
|
Oliver Garner
|
International Director
|
PDMR
|
58,257
|
|
Kirsteen Vickerstaff
|
General Counsel and Company Secretary
|
PDMR
|
12,615
|
The Awards are subject to performance targets linked to growth in the Company's Earnings per Share
and Absolute Total Shareholder Return measured over a three year period ending on 30 September 2018. The Awards are expected to
vest on the later of 30 September 2018 and when the Remuneration Committee has determined whether the performance targets have
been achieved. Awards will normally be exercisable following vesting until the tenth anniversary of the grant date.
The Award is the first award to be made under the Plan.
For further information:
|
On the Beach Group plc
Simon Cooper, Chief Executive Officer
Wendy Parry, Chief Financial Officer
Kirsteen Vickerstaff, Company Secretary
|
c/o FTI Consulting
|
|
FTI Consulting
Jonathon Brill
Alex Beagley
Tom Hufton
|
Tel: +44 (0)20 3727 1000
onthebeach@fticonsulting.com
|
This notification is being made in accordance with DTR 3.1.4
This information is provided by RNS
The company news service from the London Stock Exchange
END
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