Share Incentive Plan
16/07/2025 14:38
RNS Number : 3516R
React Group PLC
16 July 2025
16 July 2025
REACT Group plc
("REACT", the "Group" or the "Company")
Share Incentive Plan
REACT Group plc (AIM: REAT.L), the leading specialist support services provider to the FM industry, announces the establishment of an HMRC sanctioned Share Incentive Plan ("SIP"). MUFG Corporate Markets are acting as administrator of, trustee to, the SIP.
The principal terms of the scheme are as follows:
i) Partnership Shares to be acquired at the prevailing market price on behalf of eligible employees that elect to contribute up to a monthly value of £150;
ii) Matching Shares which are given to employees on the basis of three Matching Shares for every two Partnership Shares purchased;
iii) There is a three-year holding period on Matching Shares;
iv) Matching Shares will be forfeited under certain conditions if an employee leaves REACT and the shares have not been held for three years, or if the employee sells the corresponding Partnership Shares within three years;
v) Both Matching Shares and Partnership Shares will be purchased on-market by the trustee and allocated to the beneficiary.
On 14 July 2025, certain PDMRs of the Company acquired Partnership Shares under the SIP and were subsequently awarded with Matching Shares (together, "SIP Shares"). Details of SIP Shares allocated to PDMRs are set out below:
| Director | Position | SIP Shares Allocated |
| Mark Braund | Chair | 695 |
| Shaun Doak | Chief Executive Officer | 695 |
| Spencer Dredge | Chief Financial Officer | 695 |
| REACT Group | Tel: +44 (0) 1283 550 503 | ||
| Shaun Doak, Chief Executive Officer Spencer Dredge, Chief Financial Officer | |||
| Mark Braund, Chair | |||
| Singer Capital Markets - Nominated Adviser & Joint Broker | Tel: +44 (0) 207 496 3000 | ||
| Philip Davies / Alex Bond / Oliver Platts | |||
| Dowgate Capital - Joint Broker | Tel: +44 (0) 20 3903 7715 | ||
| Nicholas Chambers | |||
| IFC Advisory - Financial PR & IR | Tel: +44 (0) 20 3934 6630 | ||
| Graham Herring / Zach Cohen | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| a) | Name | 1. Mark Braund 2. Shaun Doak 3. Spencer Dredge | ||||||||
| 2 | Reason for the notification | |||||||||
| a) | Position/status | 1. Chair 2. Chief Executive Officer 3. 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 | REACT Group PLC | ||||||||
| b) | LEI | 213800H54C4GOFN7MO32 | ||||||||
| 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 Identification code | Ordinary Shares GB00BPCTRB97 | ||||||||
| b) | Nature of the transaction | Grant of Ordinary Shares pursuant to the Company's SIP | ||||||||
| c) | Price(s) and volume(s) | Partnership Shares
| ||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A - Single transaction | ||||||||
| e) | Date of the transaction | 14 July 2025 | ||||||||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||||||