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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 (4553U)

28/03/2023 11:00am

UK Regulatory


Reach (LSE:RCH)
Historical Stock Chart


From Mar 2022 to Mar 2024

Click Here for more Reach Charts.

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

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March 28, 2023 06:00 ET (10:00 GMT)

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