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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 |
TIDMRCH
RNS Number : 4553U
Reach PLC
28 March 2023
28 March 2023
Reach plc (the "Company")
Notification of Transactions by a Person Discharging Managerial Responsibilities ("PDMR")
Release of 2020 Award under the Reach Restricted Share Plan ("RSP")
The Company announces that on 27 March 2023, ordinary shares of 10 pence each in the Company ("Shares") were released to Jim Mullen, in accordance with the terms of an award granted to him under the RSP on 27 March 2020 (and including additional Shares issued to Mr. Mullen in October 2020 in relation to the bonus issue). On release, Mr. Mullen also received an additional number of Shares representing Shares which could have been acquired using dividends declared during the restricted period. Shares were sold to cover tax liabilities and sales costs, and Mr. Mullen retained the balance of the Shares.
Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Jim Mullen ------------------------------------ ----------------------------------------------------- Reason for the notification 2 ------------------------------------------------------------------------------------------- a) Position/status Chief Executive 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 a. Application and release of an additional number of shares representing shares which could have been acquired using dividends declared during the restricted period, to restricted shares granted under the RSP on 27 March 2020. b. Release of award of restricted shares granted under the RSP on 27 March 2020. ------------------------------------ ----------------------------------------------------- c) Price(s) and volume(s) ------- -------------------- -------------------- Price(s) Volume(s) ------- -------------------- -------------------- a. Nil 3,398 ------- -------------------- -------------------- b. Nil 34,932 ------- -------------------- -------------------- d) Aggregated information - Aggregated volume 38,330 - Price Nil e) Date of the transaction 2023-03-27 ------------------------------------ ----------------------------------------------------- f) Place of the transaction Outside a trading venue ------------------------------------ ----------------------------------------------------- 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 to cover applicable withholding tax and other deductions arising on release of the award under the RSP ------------------------------------ ----------------------------------------------------- c) Price(s) and volume(s) -------------------- -------------------- Price(s) Volume(s) -------------------- -------------------- GBP0.7375 18,080 -------------------- -------------------- d) Aggregated information - Aggregated volume 18,080 - Price GBP0.7375 e) Date of the transaction 2023-03-27 ------------------------------------ ----------------------------------------------------- f) Place of the transaction XLON ------------------------------------ -----------------------------------------------------
Enquiries
020 7293 Reach 3000 Jim Mullen, Chief Executive Officer Darren Fisher, Chief Financial Officer Lorraine Clover, Group Company Secretary 020 7353 Tulchan Communications 4200 David Allchurch / Giles Kernick LEI: 213800GNI5XF3XOATR61 Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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(END) Dow Jones Newswires
March 28, 2023 06:00 ET (10:00 GMT)
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