Reach PLC Director/PDMR Shareholding (7874H)

TIDMRCH

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 GBP2.46.

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

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Simon Fuller 
      ---------------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Financial Officer 
      ---------------------------------------  ---------------------------------------- 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  ---------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                     Reach plc 
      ---------------------------------------  ---------------------------------------- 
 b)    LEI                                      213800GNI5XF3XOATR61 
      ---------------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                       Ordinary 10p Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB0009039941 
 
 b)    Nature of the transaction                Sale of shares 
      ---------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ------------------ 
                                                Price(s)            Volume(s) 
                                               ------------------  ------------------ 
                                                GBP1.175            47,185 
                                               ------------------  ------------------ 
 
 
 d)    Aggregated information 
 
  - Aggregated volume                           47,185 
 
       - Price                                  GBP1.175 
 
 e)    Date of the transaction                  2022-11-25 
      ---------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                 XLON 
      ---------------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                       Ordinary 10p Shares 
        financial instrument, 
        type of instrument 
 
       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) 
                                               ------------------  ------------------ 
                                                GBP2.46             3,658 
                                               ------------------  ------------------ 
 
 
 d)    Aggregated information 
 
  - Aggregated volume                           3,658 
 
  - Price                                       GBP2.46 
 
 e)    Date of the transaction                  2022-11-25 
      ---------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ---------------------------------------- 
 

Enquiries

 
 
                                                   020 7293 
Reach                                               3000 
Jim Mullen, Chief Executive Officer 
 Simon Fuller, Chief Financial Officer 
 Lorraine Clover, Group Company Secretary 
                                                   020 7353 
Tulchan Communications                              4200 
Giles Kernick / David Allchurch 
 
 
LEI: 213800GNI5XF3XOATR61 
 Classification: 2.2 Information disclosed under 
 article 19 of the Market Abuse Regulation. 
 

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November 28, 2022 06:00 ET (11:00 GMT)