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REACT GROUP PLC

Director's Dealing Apr 12, 2023

7873_dirs_2023-04-12_6a024195-dd49-40fa-981b-85c4c76457a7.html

Director's Dealing

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National Storage Mechanism | Additional information

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 Officer

Andrea Pankhurst, Chief Financial Officer

Mark Braund, Chairman
Tel: +44 (0) 1283 550 503
Singer Capital Markets

(Nominated Adviser / Broker)
James Moat / Phillip Davies 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

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 to effect a "Bed & ISA" transaction

c)

Price(s) and volume(s)

Price(s) Volume(s)
1.088p 650,000 (purchase)

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

12 April 2023 (Purchase)

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

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 /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

Sale and repurchase of Ordinary Shares to effect a "Bed & ISA" transaction

c)

Price(s) and volume(s)

Price(s) Volume(s)
1.0201p 650,000 (sale)
1.062p 1,000,000 (sale)
1.091p 1,000,000 (purchase)

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

31 March 2023 (sale)

12 April 2023 (repurchase)

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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