React Group PLC PDMR Dealings (9971V)

TIDMREAT

RNS Number : 9971V

React Group PLC

12 April 2023

REACT Group plc

("REACT" or the "Company")

PDMR Dealings

The Board of REACT (AIM: REAT), the leading specialist cleaning, hygiene and decontamination company, announces certain dealings by Michael Joyce, Non-Executive Director, and his wife Deirdre Joyce.

The Company was notified today that Mrs Joyce sold 1,650,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a weighted average price of 1.045 pence per share. Subsequently, Michael Joyce and his wife purchased 1,650,000 Ordinary Shares at a weighted average price of 1.090 pence per ordinary Share, in order to effect a "Bed & ISA" transaction.

Following these transactions, Mr Joyce and his wife continue to have an interest in 5,000,000 Ordinary Shares, representing 0.48% of the total issued share capital of the Company.

Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.

For further information:

 
REACT Group Plc 
Shaun Doak, Chief Executive Of cer          Tel: [phone] 
 Andrea Pankhurst, Chief Financial Officer   503 
 Mark Braund, Chairman 
Singer Capital Markets 
 (Nominated Adviser / Broker) 
James Moat / Phillip Davies                 Tel: [phone] 
                                             3000 
IFC Advisory 
 (Financial PR / IR) 
Graham Herring / Zach Cohen                 Tel: [phone] 
                                             6630 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Michael Joyce 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        Non-Executive Director 
     ---------------------  --------------------------------------------- 
 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            Ordinary shares of 0.25 pence each 
       of the financial       GB00BZ2JBG28 
       instrument, 
       type of instrument 
       Identification 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of              Purchase of Ordinary Shares to effect a "Bed 
       the transaction        & ISA" transaction 
     ---------------------  --------------------------------------------- 
 c)   Price(s)                            Price(s)   Volume(s) 
       and volume(s)                       1.088p     650,000 (purchase) 
                                                     ------------------- 
     ---------------------  --------------------------------------------- 
 d)   Aggregated 
       information             n/a 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the             12 April 2023 (Purchase) 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of               London Stock Exchange, AIM (XLON) 
       the transaction 
     ---------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Deirdre Joyce 
     ---------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status        Wife of Michael Joyce, Non-Executive Director 
     ---------------------  ------------------------------------------------- 
 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            Ordinary shares of 0.25 pence each 
       of the financial       GB00BZ2JBG28 
       instrument, 
       type of instrument 
       Identification 
       code 
     ---------------------  ------------------------------------------------- 
 b)   Nature of              Sale and repurchase of Ordinary Shares to effect 
       the transaction        a "Bed & ISA" transaction 
     ---------------------  ------------------------------------------------- 
 c)   Price(s)                            Price(s)   Volume(s) 
       and volume(s)                       1.0201p    650,000 (sale) 
                                                     --------------------- 
                                           1.062p     1,000,000 (sale) 
                                                     --------------------- 
                                           1.091p     1,000,000 (purchase) 
                                                     --------------------- 
     ---------------------  ------------------------------------------------- 
 d)   Aggregated 
       information             n/a 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------- 
 e)   Date of the            31 March 2023 (sale) 
       transaction 
                              12 April 2023 (repurchase) 
     ---------------------  ------------------------------------------------- 
 f)   Place of               London Stock Exchange, AIM (XLON) 
       the transaction 
     ---------------------  ------------------------------------------------- 
 

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END

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April 12, 2023 07:05 ET (11:05 GMT)