7 June 2024

REACT Group plc

("REACT" or the "Company")

Grant of Options & PDMR Dealings

The Board of REACT (AIM: REAT), the leading specialist cleaning and soft facilities management services provider announces certain dealings in its shares as detailed below.

Grant of Options

On 6 June 2024, the Company granted 910,000 options over new ordinary shares of 12.5p each in the Company (the "Ordinary Shares") to certain employees (the "Options"). Certain Persons Discharging Managerial Responsibility ("PDMRs") were granted Options as follows:

*Dave Rudge, Chris Ryan & Sam Haywood are Directors of Company subsidiaries and not REACT Group plc

The Options have an exercise price of 12.5p (equivalent to the nominal value of an Ordinary Share) and, once vested, are exercisable from the date two years after the date of grant up to five years after the date of the grant, subject to performance conditions set out below.

The Options vest subject to performance criteria whereby the average mid-market closing share price of the Company's Ordinary Shares in any consecutive ten-day period until 6 June 2029 remains above the defined levels, as follows:

The Options granted represent 6.4% of the Company's current issued share capital. In total 2,442,364 Options are now outstanding, representing 11.2% of the Company's current issued share capital.

Director Dealings

On 7 June 2024, the Company was notified that Rob Gilbert, Non-Executive Director, sold 10,500 Ordinary Shares at a price of 75.55p. Following this transaction, Rob holds 4,303 Ordinary Shares in the Company, representing 0.02% of the issued share capital.

Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.  

For more information:

About Us:

REACT Group plc, the UK's leading specialist cleaning and soft facilities management services business, operates with three divisions: LaddersFree, one of the largest commercial window cleaning businesses in the UK; Fidelis Contract Services ("Fidelis"), a contract cleaning and soft facilities maintenance business; and REACT business, which primarily provides a solution to emergency and specialist cleaning situations, both through long-term framework agreements and on an ad-hoc basis.