10 December 2020
REACT Group Plc
("REACT" or the "Company")
Directors Shareholdings
REACT (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, announces the following transactions in ordinary shares of 0.25p each in the Company ("Ordinary Shares") by certain Directors of the Company on 9 December 2020.
Shaun Doak, Chief Executive Officer, has purchased 150,560 Ordinary Shares at an average price of 1.33 pence per share and now has a resulting shareholding of 150,560 Ordinary Shares, equivalent to 0.03% of the Company's issued share capital.
Rob Gilbert, Non Executive Director, has purchased 740,185 Ordinary Shares at a price of 1.35 pence per share and now has a resulting shareholding of 740,185 Ordinary Shares, equivalent to 0.15% of the Company's issued share capital.
Michael Joyce, Non Executive Director, has increased his total interest in Ordinary Shares as a result of a purchase by his wife of 1,000,000 Ordinary Shares at a price of 1.27 pence per share. Michael now has a total interest in 6,000,000 Ordinary Shares, equivalent to 1.20% of the Company's issued share capital.
Michael has also gifted a number of shares to his wife and has conducted a sale and purchase of shares in respect of his ISA. Further details are set out below and these transactions do not affect Michael's overall interest in the Ordinary Shares.
Further details and the information required in accordance with the requirements of EU Market Abuse Regulation No 596/2014 are set out at the end of this announcement.
For more information:
REACT Group plc |
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Shaun Doak, Chief Executive Officer Andrea Pankhurst, Chief Financial Officer
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via Allenby Capital Tel: +44 (0) 203 328 5656 |
Allenby Capital Limited (Nominated Adviser and Broker) |
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Nick Athanas / Liz Kirchner (Corporate Finance) Amrit Nahal / Tony Quirke (Sales & Corporate Broking)
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Tel: +44 (0) 203 328 5656 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Shaun Doak |
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2 |
Reason for the notification |
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a) |
Position/status |
CEO |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
REACT Group Plc
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b) |
LEI |
213800H54C4GOFN7MO32 |
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4
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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 |
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a)
|
Description of the financial instrument, type of instrument Identification code |
ordinary shares of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
1.33p
|
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e) |
Date of the transactions |
9 December 2020
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f) |
Place of the transaction |
London Stock Exchange - AIM |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Robert Gilbert |
2 |
Reason for the notification |
|
a) |
Position/status |
Non Executive Director |
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 of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
c) |
Price(s) and volume(s) |
Price: 1.35p Volume: 740,185 |
d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transactions |
9 December 2020
|
f) |
Place of the transaction |
London Stock Exchange - AIM |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Michael Joyce |
2 |
Reason for the notification |
|
a) |
Position/status |
Non Executive Director |
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 of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
b) |
Nature of the transaction |
Gift of Ordinary Shares to Deirdre Joyce (a PCA of Michael Joyce) |
c) |
Price(s) and volume(s) |
Price: n/a Volume: 1,800,000 |
d) |
Aggregated information - Aggregated volume - Price |
|
e) |
Date of the transactions |
9 December 2020
|
f) |
Place of the transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Deirdre Joyce |
2 |
Reason for the notification |
|
a) |
Position/status |
Deirdre Joyce is a person closely associated with Michael Joyce, Non Executive Director of REACT Group plc |
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 of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
b) |
Nature of the transaction |
Receipt of gift of Ordinary Shares from Michael Joyce (a PDMR of REACT Group plc) |
c) |
Price(s) and volume(s) |
Price: n/a Volume: 1,800,000 |
d) |
Aggregated information - Aggregated volume - Price |
|
e) |
Date of the transactions |
9 December 2020
|
f) |
Place of the transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Michael Joyce |
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2 |
Reason for the notification |
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a) |
Position/status |
Non Executive Director |
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b)
|
Initial notification /Amendment |
Initial notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||||||
a) |
Name |
REACT Group Plc
|
|||||||||
b) |
LEI |
213800H54C4GOFN7MO32 |
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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 of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
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b) |
Nature of the transaction |
Sale of 1,200,000 Ordinary Shares Purchase of 1,200,000Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
|
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e) |
Date of the transactions |
9 December 2020
|
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f) |
Place of the transaction |
London Stock Exchange - AIM |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Deirdre Joyce |
2 |
Reason for the notification |
|
a) |
Position/status |
Deirdre Joyce is a person closely associated with Michael Joyce, Non Executive Director of REACT Group plc |
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 of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 |
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
c) |
Price(s) and volume(s) |
Price: 1.27p Volume: 1,000,000 |
d) |
Aggregated information - Aggregated volume - Price |
|
e) |
Date of the transactions |
9 December 2020
|
f) |
Place of the transaction |
London Stock Exchange - AIM |