14 May 2021 13:19
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 Shaun Doak, Chief Executive Officer Andrea Pankhurst, Chief Financial Officer
| Tel: +44 (0) 798 222 0001
|
Allenby Capital Limited (Nominated Adviser and Broker) | |
Nick Athanas / Liz Kirchner (Corporate Finance) Amrit Nahal / Tony Quirke (Sales & Corporate Broking)
| Tel: +44 (0) 203 328 5656 |
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 /Amendment | Initial notification | ||||||||||||||||||
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 financial instrument, type of instrument Identification code | ordinary shares of 0.25p each in REACT Group Plc Identification code (ISIN) for REACT Group Plc ordinary shares: GB00BZ2JBG28 | ||||||||||||||||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||||||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||||||||
d) | Aggregated information - Aggregated volume - Price | total shares: 2,150,000at an average price of 3.48p
| ||||||||||||||||||
e) | Date of the transactions | 13 May 2021
| ||||||||||||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | ||||||||||||||||||
React Group (REAT)