React Group PLC Director Shareholding (7192Y)
May 14 2021 - 7:19AM
UK Regulatory
TIDMREAT
RNS Number : 7192Y
React Group PLC
14 May 2021
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 Tel: +44 (0) 798 222 0001
Shaun Doak, Chief Executive Officer
Andrea Pankhurst, Chief Financial Officer
Allenby Capital Limited
(Nominated Adviser and Broker)
Nick Athanas / Liz Kirchner (Corporate Tel: +44 (0) 203 328 5656
Finance)
Amrit Nahal / Tony Quirke (Sales & Corporate
Broking)
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 Initial notification
/Amendment
-------------------------- -----------------------------------------
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 ordinary shares of 0.25p each in
financial instrument, REACT Group Plc
type of instrument Identification code (ISIN) for REACT
Identification code Group Plc ordinary shares: GB00BZ2JBG28
-------------------------- -----------------------------------------
b) Nature of the transaction Sale of Ordinary Shares
-------------------------- -----------------------------------------
c) Price(s) and volume(s) volume Price (p)
1,000,000 3.59
----------
250,000 3.40
----------
150,000 3.41
----------
150,000 3.41
----------
150,000 3.40
----------
150,000 3.35
----------
150,000 3.35
----------
150,000 3.30
----------
-------------------------- -----------------------------------------
d) Aggregated information
- Aggregated volume total shares: 2,150,000
- Price at an average price of 3.48p
-------------------------- -----------------------------------------
e) Date of the transactions 13 May 2021
-------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange, (XLON)
-------------------------- -----------------------------------------
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END
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