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Director/PDMR Shareholding

28 Nov 2022 11:00

RNS Number : 7874H
Reach PLC
28 November 2022
 

28 November 2022

 

Reach plc (the "Company")

 

Notification of Transactions by Person Discharging Managerial Responsibilities ("PDMR")

 

The Company announces that on 25 November 2022 it was notified that Simon Fuller, Chief Financial Officer carried the following transactions:

 

· Sold 47,185 Reach plc shares of 10 pence each on 25 November 2022.

· Cancellation of participation in the 2021 Sharesave Scheme on 25 November 2022, resulting in the lapse of 3,658 options which were granted on 14 July 2021 with an exercise price of £2.46.

 

The notifications 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

 

Simon Fuller

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial Notification

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 financial instrument, type of instrument

Ordinary 10p Shares

Identification code

GB0009039941

b)

 

Nature of the transaction

 

 

Sale of shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.175

47,185

d)

 

Aggregated information

- Aggregated volume

47,185

- Price

£1.175

e)

 

Date of the transaction

 

2022-11-25

f)

 

Place of the transaction

 

XLON

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 financial instrument, type of instrument

Ordinary 10p Shares

Identification code

GB0009039941

b)

 

Nature of the transaction

 

 

Cancellation of participation and lapse of options granted under the 2021 Sharesave Scheme on 14 July 2021

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£2.46

3,658

d)

 

Aggregated information

- Aggregated volume

3,658

- Price

£2.46

e)

 

Date of the transaction

 

2022-11-25

f)

 

Place of the transaction

 

Outside a trading venue

 

 

Enquiries

Reach

020 7293 3000

Jim Mullen, Chief Executive Officer

Simon Fuller, Chief Financial Officer

Lorraine Clover, Group Company Secretary

 

Tulchan Communications

020 7353 4200

Giles Kernick / David Allchurch

LEI: 213800GNI5XF3XOATR61

Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.

 

 

 

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