React Group PLC Director Shareholding (7192Y)

TIDMREAT

RNS Number : 7192Y

React Group PLC

14 May 2021

14 May 2021

REACT Group Plc

("REACT" or the "Company")

Director Shareholding

REACT (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, announces that Non-Executive Director Michael Joyce's total interest in ordinary shares of 0.25p each in the Company ("Ordinary Shares") has reduced to 3,850,000 Ordinary Shares, equivalent to 0.76% of the Company's issued share capital.

Michael Joyce's wife has sold a total of 2,150,000 Ordinary Shares at an average price of 3.48 pence per share. The sale of shares was undertaken to meet some financial commitments and Michael Joyce and his wife have no intention at the current time to sell any further shares in REACT.

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

For more information:

 
REACT Group plc 
Mark Braund, Chairman                          Tel: [phone] 
 Shaun Doak, Chief Executive Officer 
 Andrea Pankhurst, Chief Financial Officer 
Allenby Capital Limited 
 (Nominated Adviser and Broker) 
Nick Athanas / Liz Kirchner (Corporate         Tel: [phone] 
 Finance) 
 Amrit Nahal / Tony Quirke (Sales & Corporate 
 Broking) 
 
 
 
  Notification and public disclosure of transactions by persons 
  discharging managerial responsibilities and persons closely 
  associated with them. 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Deirdre Joyce 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Deirdre Joyce is a person closely 
                                   associated with Michael Joyce, Non 
                                   Executive Director of REACT Group 
                                   plc 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        REACT Group Plc 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800H54C4GOFN7MO32 
     --------------------------  ----------------------------------------- 
 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 shares of 0.25p each in 
       financial instrument,       REACT Group Plc 
       type of instrument          Identification code (ISIN) for REACT 
       Identification code         Group Plc ordinary shares: GB00BZ2JBG28 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Sale of Ordinary Shares 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       volume      Price (p) 
                                    1,000,000   3.59 
                                               ---------- 
                                    250,000     3.40 
                                               ---------- 
                                    150,000     3.41 
                                               ---------- 
                                    150,000     3.41 
                                               ---------- 
                                    150,000     3.40 
                                               ---------- 
                                    150,000     3.35 
                                               ---------- 
                                    150,000     3.35 
                                               ---------- 
                                    150,000     3.30 
                                               ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         total shares: 2,150,000 
       - Price                     at an average price of 3.48p 
     --------------------------  ----------------------------------------- 
 e)   Date of the transactions    13 May 2021 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  ----------------------------------------- 
 

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May 14, 2021 08:19 ET (12:19 GMT)