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:

16 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:

2,641,343

0.84%

490,611

0.16%

(2)

Cash-settled derivatives:

and/or controlled:

725,051

0.23%

2,488,055

0.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,366,394

1.07%

2,978,666

0.94%

(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

416

1.1375 GBP

10p ordinary

Purchase

642

1.1150 GBP

10p ordinary

Purchase

1,996

1.1217 GBP

10p ordinary

Purchase

10,640

1.1115 GBP

10p ordinary

Purchase

21,967

1.1100 GBP

10p ordinary

Purchase

28,761

1.1210 GBP

10p ordinary

Purchase

113,227

1.1278 GBP

10p ordinary

Sale

18

1.1190 GBP

10p ordinary

Sale

49

1.1149 GBP

10p ordinary

Sale

5,668

1.1113 GBP

10p ordinary

Sale

10,640

1.1115 GBP

10p ordinary

Sale

14,991

1.1137 GBP

10p ordinary

Sale

21,172

1.1275 GBP

10p ordinary

Sale

33,286

1.1348 GBP

10p ordinary

Sale

87,313

1.1100 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

1,727

1.1234 GBP

10p ordinary

SWAP

Long

2,741

1.1225 GBP

10p ordinary

SWAP

Long

3,941

1.1059 GBP

10p ordinary

SWAP

Long

6,051

1.1099 GBP

10p ordinary

SWAP

Long

8,139

1.1168 GBP

10p ordinary

SWAP

Long

12,380

1.1372 GBP

10p ordinary

CFD

Long

33,286

1.1348 GBP

10p ordinary

CFD

Long

87,313

1.1100 GBP

10p ordinary

SWAP

Short

95

1.1260 GBP

10p ordinary

SWAP

Short

321

1.1410 GBP

10p ordinary

SWAP

Short

642

1.1150 GBP

10p ordinary

SWAP

Short

981

1.1229 GBP

10p ordinary

SWAP

Short

1,515

1.1230 GBP

10p ordinary

CFD

Short

7,679

1.1100 GBP

10p ordinary

SWAP

Short

10,969

1.1112 GBP

10p ordinary

SWAP

Short

12,292

1.1100 GBP

10p ordinary

CFD

Short

12,369

1.1338 GBP

10p ordinary

CFD

Short

113,227

1.1277 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:

17 Nov 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213