REG - Reach PLC - Director/PDMR Shareholding
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RNS Number : 9972A Reach PLC 17 April 2026
17 April 2026
Reach plc (the Company)
Notification of Transactions by Persons Discharging Managerial
Responsibilities (PDMRs)
Exercise of 2023 Awards under the Reach Long Term Incentive Plan (LTIP) and
related sales of shares
On 13 April 2026, awards granted on 13 April 2023 under the LTIP to Piers
North, Chief Executive Officer and Darren Fisher, Chief Financial Officer
vested and became exercisable.
On 16 April 2026, Mr North and Mr Fisher exercised these LTIP awards and a
number of the vested shares acquired were sold on the same day to cover
applicable withholding tax and other deductions arising on exercise, as
detailed below.
The notifications below, which has been made in accordance with the
requirements of the Market Abuse Regulation, provides further detail.
Exercise of 2023 Buy-Out Award under the Reach Long Term Incentive Plan
("LTIP") and related sale of shares
On 28 March 2026, a buy-out award granted on 6 June 2023 under the LTIP to
Darren Fisher, Chief Financial Officer, vested and became exercisable.
On 16 April 2026, Mr Fisher exercised this LTIP buy-out award and a number of
the vested shares acquired were sold on the same day to cover applicable
withholding tax and other deductions arising on exercise, as detailed below.
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 Piers North
2 Reason for the notification
a) Position/status Chief Executive 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 a. Exercise of award granted under the LTIP on 13 April 2023
b. Sale of shares to cover all of the applicable withholding tax and other
deductions arising on exercise of the award under the LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
a. £nil 28,187
b. £0.65625 13,302
d) Aggregated information
- Aggregated volume N/A - single transactions
- Price a. £nil
b. £0.65625 per share sale price
e) Date of the transaction 2026-04-16
f) Place of the transaction a. Outside a trading venue
b. XLON
d)
Aggregated information
- Aggregated volume
N/A - single transactions
- Price
a. £nil
b. £0.65625 per share sale price
e)
Date of the transaction
2026-04-16
f)
Place of the transaction
a. Outside a trading venue
b. XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Darren Fisher
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 a. Exercise of award granted under the LTIP on 13 April 2023
b. Exercise of buy-out award granted under the LTIP on 6 June 2023
c. Sale of shares to cover all of the applicable withholding tax and other
deductions arising on exercise of these awards under the LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
a. £nil 96,060
b. £nil 99,247
c. £0.66085 92,119
d) Aggregated information
- Aggregated volume N/A - single transactions
- Price a. £nil
b. £nil
c. £0.66085 per share sale price
e) Date of the transaction 2026-04-16
f) Place of the transaction a. Outside a trading venue
b. Outside a trading venue
c. XLON
d)
Aggregated information
- Aggregated volume
N/A - single transactions
- Price
a. £nil
b. £nil
c. £0.66085 per share sale price
e)
Date of the transaction
2026-04-16
f)
Place of the transaction
a. Outside a trading venue
b. Outside a trading venue
c. XLON
Enquiries
Reach 020 7293 3000
Georgina Sharley, Group Company Secretary
Teneo 020 7353 4200
Giles Kernick
LEI: 213800GNI5XF3XOATR61
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