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RCH Reach Plc

78.40
0.65 (0.84%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reach Plc LSE:RCH London Ordinary Share GB0009039941 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 0.84% 78.40 78.00 78.45 79.00 77.75 78.40 442,427 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Newspaper:pubg, Pubg & Print 601.4M 52.3M 0.1646 4.74 247.86M

Reach PLC Director/PDMR Shareholding (5876Y)

13/05/2021 4:00pm

UK Regulatory


Reach (LSE:RCH)
Historical Stock Chart


From Mar 2021 to Mar 2024

Click Here for more Reach Charts.

TIDMRCH

RNS Number : 5876Y

Reach PLC

13 May 2021

13 May 2021

Reach plc (the "Company")

Grant of 2021 Awards under the Reach Long Term Incentive Plan ("LTIP")

On 11 May 2021, the Company granted nil-cost options over ordinary shares of 10p each in the capital of the Company to the following Directors and Persons Discharging Managerial Responsibility under the LTIP. Vesting of the options granted in 2021 are subject to the achievement of performance conditions over a three-year period (as set out in the Company's 2020 annual report), plus a subsequent holding period of two years.

During the holding period restrictions will apply to the sale or other disposal of the shares (other than to satisfy any tax liability). The awards will also be subject to the malus and clawback provisions of the LTIP.

The notification 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                                     Jim Mullen 
      ---------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive Officer 
      ---------------------------------------  -------------------------------------------- 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  -------------------------------------------- 
 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                       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                                                             364,430 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      364,430 
 
  - Price                                  GBPnil 
 
 e)    Date of the transaction                  11 May 2021 
      ---------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  -------------------------------------------- 
 
 
 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                     Initial Notification 
        /Amendment 
      ---------------------------------------  -------------------------------------------- 
 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                       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                                                             243,706 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      243,706 
 
  - Price                                  GBPnil 
 
 e)    Date of the transaction                  11 May 2021 
      ---------------------------------------  -------------------------------------------- 
 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 
David Allchurch, Partner 
 
 
LEI: 213800GNI5XF3XOATR61 
 Classification: 2.2 Information disclosed under 
 article 19 of the Market Abuse Regulation. 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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May 13, 2021 11:00 ET (15:00 GMT)

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