Form 8.3 - Reach plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

REACH PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

09 Nov 2022

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

2,807,139

0.89%

1,146,348

0.36%

(2)

Cash-settled derivatives:

and/or controlled:

771,351

0.24%

2,189,843

0.69%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,578,490

1.13%

3,336,191

1.06%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

10p ordinary

Purchase

595

1.0670 GBP

10p ordinary

Purchase

672

1.0680 GBP

10p ordinary

Purchase

948

1.0873 GBP

10p ordinary

Purchase

1,023

1.0668 GBP

10p ordinary

Purchase

1,489

1.0768 GBP

10p ordinary

Purchase

1,746

1.0690 GBP

10p ordinary

Purchase

1,910

1.0755 GBP

10p ordinary

Purchase

9,423

1.0720 GBP

10p ordinary

Purchase

25,301

1.0891 GBP

10p ordinary

Purchase

51,388

1.0760 GBP

10p ordinary

Sale

76

1.0725 GBP

10p ordinary

Sale

400

1.0785 GBP

10p ordinary

Sale

744

1.0820 GBP

10p ordinary

Sale

800

1.0814 GBP

10p ordinary

Sale

2,342

1.0686 GBP

10p ordinary

Sale

2,551

1.0701 GBP

10p ordinary

Sale

2,844

1.0547 GBP

10p ordinary

Sale

4,906

1.0818 GBP

10p ordinary

Sale

9,589

1.0720 GBP

10p ordinary

Sale

14,258

1.0746 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Long

126

1.0757 GBP

10p ordinary

SWAP

Long

221

1.0802 GBP

10p ordinary

SWAP

Long

1,200

1.0804 GBP

10p ordinary

CFD

Long

2,844

1.0547 GBP

10p ordinary

SWAP

Long

4,041

1.0809 GBP

10p ordinary

SWAP

Long

4,780

1.0820 GBP

10p ordinary

SWAP

Long

9,996

1.0719 GBP

10p ordinary

SWAP

Short

71

1.0725 GBP

10p ordinary

SWAP

Short

123

1.0698 GBP

10p ordinary

CFD

Short

579

1.0720 GBP

10p ordinary

SWAP

Short

820

1.0783 GBP

10p ordinary

SWAP

Short

825

1.0900 GBP

10p ordinary

SWAP

Short

4,327

1.0720 GBP

10p ordinary

SWAP

Short

12,849

1.0709 GBP

10p ordinary

SWAP

Short

17,578

1.0808 GBP

10p ordinary

CFD

Short

19,342

1.0750 GBP

10p ordinary

SWAP

Short

25,230

1.0892 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

10 Nov 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213