• 12 Sep 25
 

Reach PLC - Purchase of Shares for the Employee Benefit Trust


Reach plc | RCH | 66.9 1.0 1.5% | Mkt Cap: 213.0m



RNS Number : 1763Z
Reach PLC
12 September 2025
 

12 September 2025

Reach plc

(the Company)

Purchase of Shares for the Employee Benefit Trust

 

The Company has been notified by the Trustee of the Reach Employee Benefit Trust (EBT) that the EBT has purchased a total of 452,755 Ordinary Shares of 10p each in the Company. Further details are set out below.

 

This purchase is in line with the position confirmed to shareholders at the 2024 AGM that the Company intends to buy shares into the EBT when it is appropriate to do so to aid the management of overall dilution from share plans.

 

Date

Exchange

Number of shares

Price per share 

(pence)

11 September 2025

XLON

452,755

65.8

 

The shares will be held in the EBT, which is a discretionary trust for the benefit of the Group's employees. The shares will be used to satisfy the exercise of share options by employees or the release of restricted shares, including to Persons Discharging Managerial Responsibility (PDMRs) of the Company.

Further to this purchase, the EBT holds a total of 2,814,330 Ordinary Shares which represents 0.87% of the Company's issued share capital (322,085,269 including Treasury shares of 3,748,968). The total number of Ordinary Shares of 10p each in issue (excluding treasury shares) is 318,336,301.

The Company will continue to keep this under review and will look to make further purchases into the EBT when it is appropriate to do so. 

 

 

Enquiries

 

 

 

Reach plc

 

 

Piers North, Chief Executive Officer

Darren Fisher, Chief Financial Officer

 

 

020 7293 3000

Teneo

 

 

Giles Kernick

020 7353 4200

 

 

LEI: 213800GNI5XF3XOATR61

Classification: 3.1 Additional regulated information required to be disclosed under the laws of the United Kingdom

 

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