REG - Reach PLC - Director/PDMR Shareholding

ReachAnnouncement

28/11/2022 11:00

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RNS Number : 7874H  Reach PLC  28 November 2022

28 November 2022

 

Reach plc (the "Company")

 

Notification of Transactions by Person Discharging Managerial Responsibilities
("PDMR")

 

The Company announces that on 25 November 2022 it was notified that Simon
Fuller, Chief Financial Officer carried the following transactions:

 

·      Sold 47,185 Reach plc shares of 10 pence each on 25 November
2022.

·      Cancellation of participation in the 2021 Sharesave Scheme on 25
November 2022, resulting in the lapse of 3,658 options which were granted on
14 July 2021 with an exercise price of £2.46.

 

The notifications below, which has been made in accordance with the
requirements of the Market Abuse Regulation, provides further detail.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Simon Fuller

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Reach plc

 b)   LEI                                                          213800GNI5XF3XOATR61

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary 10p Shares

      Identification code                                          GB0009039941

 b)   Nature of the transaction                                    Sale of shares

 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        £1.175               47,185

 d)   Aggregated information

      - Aggregated volume                                          47,185

      - Price                                                      £1.175

 e)   Date of the transaction                                      2022-11-25

 f)   Place of the transaction                                     XLON

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary 10p Shares

      Identification code                                          GB0009039941

 b)   Nature of the transaction                                    Cancellation of participation and lapse of options granted under the 2021

                                                            Sharesave Scheme on 14 July 2021

 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        £2.46                3,658

 d)   Aggregated information

      - Aggregated volume                                          3,658

      - Price                                                      £2.46

 e)   Date of the transaction                                      2022-11-25

 f)   Place of the transaction                                     Outside a trading venue

 

 

Enquiries

 Reach                                                                            020 7293 3000
 Jim Mullen, Chief Executive Officer

 Simon Fuller, Chief Financial Officer

 Lorraine Clover, Group Company Secretary

 Tulchan Communications                                                           020 7353 4200
 Giles Kernick / David Allchurch

 LEI: 213800GNI5XF3XOATR61

 Classification: 2.2 Information disclosed under article 19 of the Market Abuse
 Regulation.

 

 

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