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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Reach plc | AQSE:RCH.GB | Aquis Stock Exchange | Ordinary Share | GB0009039941 | Ordinary Shares 10p |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.90 | -1.11% | 80.10 | 74.00 | 90.00 | 82.00 | 79.40 | 81.00 | 70,782 | 14:21:52 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRCH
RNS Number : 8275B
Reach PLC
06 June 2023
6 June 2023
Reach plc (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Grant of 2023 Buy-Out Awards under the Reach Long Term Incentive Plan ("LTIP")
On 6 June 2023, the Company granted nil-cost options over ordinary shares of 10p each in the capital of the Company to Darren Fisher under the LTIP and the following additional terms.
These awards represent a buy-out of awards previously held by Darren Fisher that were forfeited on his joining the Company. The buy-out awards will vest on the original vesting dates of the forfeited awards, subject to Darren's continued employment with Reach up to the relevant vesting dates.
The number of shares under the buy-out awards are equivalent in value to the awards forfeited, calculated using a three-month average share price of 77.71 pence per share.
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 Darren Fisher ---------------------------- -------------------------------------- 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 Grant of nil-cost share options under the Reach Long Term Incentive Plan ---------------------------- -------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBPnil 95,760 ---------- GBPnil 61,164 ---------- GBPnil 80,816 ---------- GBPnil 77,360 ---------- GBPnil 79,566 ---------- d) Aggregated information - Aggregated volume 394,666 - Price GBPnil e) Date of the transaction 2023-06-06 ---------------------------- -------------------------------------- f) Place of the transaction Outside a trading venue ---------------------------- --------------------------------------
Enquiries
020 7293 Reach 3000 Jim Mullen, Chief Executive Officer Lorraine Clover, Group Company Secretary 020 7353 Teneo 4200 Giles Kernick LEI: 213800GNI5XF3XOATR61 Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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END
DSHBQLFBXQLXBBE
(END) Dow Jones Newswires
June 06, 2023 08:00 ET (12:00 GMT)
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