£67.3 m Accelerated Book Build Placing – On the Beach Group

Peel Hunt acted as joint Bookrunner and joint Corporate Broker on an accelerated book build conditional placing of 26,143,500 new ordinary shares in On the Beach Group plc (representing 19.9% of the issued ordinary Shares) at a price of 257.5 pence per Placing Share raising gross proceeds of approximately £67.3 million, as announced on 22nd May, 2020.