On the Beach Executives Acquire Shares Under Company Plan

2 min read | July 23, 2025 03:01 PM BST | By Team Kalkine Media

Highlights

  • Executives at On the Beach Group plc obtained shares under a company share scheme

  • Disclosure made through a regulatory filing on the London Stock Exchange

  • Share allocations conducted as part of the firm’s incentive framework

Executives of On the Beach Group plc (LSE:OTB), a UK-based online travel specialist listed on the ftse 250, have secured ordinary shares through the company’s structured share incentive plan. The development was disclosed in a regulatory filing submitted to the London Stock Exchange, aligning with market rules for public disclosure.

Regulatory Notification Filed

A formal Person Discharging Managerial Responsibilities (PDMR) notification confirmed that three senior leaders took part in the company’s share scheme. Chief Strategy Officer Adam Hansen and Chief People Officer Jennie Cronin each received an identical allocation. General Counsel and Company Secretary Kirsteen Vickerstaff was also allocated shares under the same scheme.

The allocations were completed on the London Stock Exchange (LSE:LSEG) in accordance with the plan’s defined terms. These transactions occurred as part of a recurring internal framework offered to qualifying executives.

Compliant with Market Rules

The disclosure follows transparency requirements that apply to public companies under UK regulation. These measures ensure that movements involving senior management and equity participation are made available to the market promptly.

The share events were reported without delay via the London Stock Exchange’s Regulatory News Service and reflect standard corporate governance practices.

Company Profile and Listing

On the Beach Group plc, trading under the symbol LSE:LON:OTB, operates within the leisure travel sector, primarily focusing on beach holiday services. The company’s shares are included in the ftse 250, a key index tracking mid-cap firms across the UK market.

This latest activity is consistent with the company’s executive participation structure and the broader market’s emphasis on transparent leadership engagement within listed firms.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next