REACH PLC

Director's Dealing • May 24, 2024

National Storage Mechanism | Additional information

RNS Number : 8376P

Reach PLC

24 May 2024

24 May 2024

Reach plc (the "Company")

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

Exercise of 2023 Buy-Out Award under the Reach Long Term Incentive Plan ("LTIP") and sale of shares

On 13 May 2024, one of the buy-out awards granted on 6 June 2023 under the LTIP to Darren Fisher, Chief Financial Officer, vested and became exercisable. On 23 May 2024, Mr. Fisher exercised his LTIP award and a number of the vested shares have been sold to cover applicable withholding tax and other deductions arising on exercise (the 'sale').

The notification below, which have 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

Darren Fisher

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

Exercise of award granted under the LTIP on 6 June 2023

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	Nil	67,076

d)

Aggregated information

- Aggregated volume

N/A

- Price

Nil

e)

Date of the transaction

2024-05-23

f)

Place of the transaction

Outside a trading venue

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 to cover some of the applicable withholding tax and other deductions arising on exercise of the award under the LTIP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.783

31,638

d)

Aggregated information

- Aggregated volume

N/A

- Price

£0.783

e)

Date of the transaction

2024-05-23

f)

Place of the transaction

XLON

Enquiries

Reach	020 7293 3000
Jim Mullen, Chief Executive Officer Laura Harris, Group Company Secretary
Teneo	020 7353 4200
David Allchurch / Giles Kernick
LEI: 213800GNI5XF3XOATR61 Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.

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