Director/PDMR Shareholding

RNS Number : 8201G
React Group PLC
17 November 2022
 

 

REACT Group plc

("REACT" or the "Company")

 

PDMR Dealings

 

The Board of REACT (AIM: REAT), the leading specialist cleaning, hygiene and decontamination company, announces that on 17 November 2022 Mark Braund, Chairman, purchased 458,227 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.10 pence per share. Mr Braund's resulting shareholding in the Company is 2,183,958 Ordinary Shares, representing 0.21% of the total issued share capital.

 

In addition, Michael Joyce, Non-Executive Director, purchased 1,150,000 Ordinary Shares over a series of trades. The weighted average price of the Ordinary Shares purchased was 1.057 pence per share. Mr Joyce's resulting shareholding1 in the Company is 5,000,000 Ordinary Shares, representing 0.48% of the total issued share capital.

 

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

 

1 Including Ordinary Shares held by Michael Joyce's wife.

 

For further information:

 

REACT Group Plc


Shaun Doak, Chief Executive Officer

Andrea Pankhurst, Chief Financial Officer

Mark Braund, Chairman

Tel: +44 (0) 1283 550 503

Singer Capital Markets

(Nominated Adviser / Broker)

 

Will Goode / Amanda Gray (Corporate Finance)

Rachel Hayes (Corporate Broking)

Tel: +44 (0) 207 496 3000

IFC Advisory

(Financial PR / IR)


Graham Herring / Zach Cohen

 

Tel: +44 (0) 20 3934 6630

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Braund

2

Reason for the notification

a)

Position/status

Executive Chairman

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 0.25 pence each

GB00BZ2JBG28

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

   Price(s)

Volume(s)

1.10p

458,227

 

d)

Aggregated information

- Aggregated volume

- Price


N/A - single transaction

e)

Date of the transaction

17 November 2022

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

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 /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 0.25 pence each

GB00BZ2JBG28

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

   Price(s)

Volume(s)

1.04p

1.08p

1.0375p

500,000

500,000

150,000

 

d)

Aggregated information

- Aggregated volume

- Price



-  Total volume: 1,150,000

 

 

-  Volume weighted average price: 1.057p

e)

Date of the transaction

17 November 2022

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

 

 

 

 

 

 

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Companies

React Group (REAT)
UK 100

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