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On the Beach Executives Exercise Options and Manage Shareholdings

Story Highlights
  • On the Beach Group PLC’s executives exercised options under the Long Term Incentive Plan.
  • CEO Shaun Morton sold shares to cover tax liabilities, while Kasia Michalska sold all acquired shares.
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On the Beach Executives Exercise Options and Manage Shareholdings

On The Beach ( (GB:OTB) ) has shared an update.

On the Beach Group PLC announced transactions involving its CEO, Shaun Morton, and Chief Product & Technology Officer, Kasia Michalska, who exercised options under the company’s Long Term Incentive Plan. Morton sold shares to cover tax liabilities, retaining a portion of his holdings, while Michalska sold all shares acquired through the exercise. These transactions reflect internal financial management strategies and may influence investor perceptions of executive confidence in the company’s future performance.

More about On The Beach

On the Beach Group PLC operates in the travel industry, primarily focusing on providing affordable beach holidays. The company offers a range of travel services including flight and hotel bookings, catering to a broad market of holidaymakers seeking cost-effective vacation options.

YTD Price Performance: -9.70%

Average Trading Volume: 964,400

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £360.5M

Find detailed analytics on OTB stock on TipRanks’ Stock Analysis page.

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