On July 4, 2024, On the Beach Group plc announced that Adam Hansen, Chief Strategy Officer, transferred 11,700 ordinary shares of 1 pence each in the Company to an individual savings account (ISA) held in his name. The transfer was executed by selling 11,700 Ordinary Shares at a price of £1.450 per Ordinary Share and repurchasing the same number of shares at a price of £1.4525 per Ordinary Share.
The Notification of Dealing Form provided details of the transaction, including the person discharging managerial responsibilities, the reason for the notification, and the details of the issuer. The transaction involved the sale and purchase of Ordinary Shares at the specified prices on July 4, 2024.
This transaction indicates a transfer of shares by a key executive within the company, which may be of interest to investors and stakeholders. It provides insight into the actions of a senior officer within On the Beach Group plc and may impact the company's shareholding structure.