Last checked at 28 Nov 2022 11:00
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.
|