Director/PDMR Shareholding

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.

 

END

 

 

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