Source - LSE Regulatory
RNS Number : 9895O Reach PLC 05 December 2024 5 December 2024 Reach plc (the "Company") Notification of Transactions by a Person Discharging Managerial Responsibilities ("PDMR") Release of 2019 Award under the Reach Long-Term Incentive Plan 2012 ("LTIP") following two-year holding period The Company announces that on 4 December 2024, 536,435 ordinary shares of 10 pence each in the Company ("shares") were released to Jim Mullen, in accordance with the terms of an award granted to him under the LTIP on 4 December 2019 which he exercised on 14 December 2022. From 4 December 2022 to 4 December 2024 the award was subject to a two-year post-vesting holding period. A further 103,055 dividend equivalent shares (representing the value of dividends declared during the two-year post-vesting holding period) were also released and on 4 December 2024, 48,534 shares were sold to cover tax liabilities and sales costs in respect to the release of the dividend equivalent shares, with Mr. Mullen retaining the balance of those shares. The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provides further detail. Enquiries 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 rns@lseg.com 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 DSHBELFBZLLEFBB
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