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) |
| ||||
| 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) |
| ||||||||
| 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)
| ||||||||
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