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:

17 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:

2,580,767

0.82%

670,825

0.21%

(2)

Cash-settled derivatives:

and/or controlled:

713,494

0.23%

2,227,173

0.70%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,294,261

1.04%

2,897,998

0.92%

(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

30

1.1125 GBP

10p ordinary

Purchase

57

1.0970 GBP

10p ordinary

Purchase

62

1.1121 GBP

10p ordinary

Purchase

566

1.1120 GBP

10p ordinary

Purchase

969

1.1069 GBP

10p ordinary

Purchase

2,386

1.1040 GBP

10p ordinary

Purchase

2,667

1.1025 GBP

10p ordinary

Purchase

5,302

1.1100 GBP

10p ordinary

Purchase

6,506

1.0968 GBP

10p ordinary

Purchase

9,591

1.1200 GBP

10p ordinary

Purchase

19,159

1.1135 GBP

10p ordinary

Sale

1,358

1.1120 GBP

10p ordinary

Sale

1,404

1.1190 GBP

10p ordinary

Sale

1,493

1.0900 GBP

10p ordinary

Sale

1,683

1.1065 GBP

10p ordinary

Sale

3,927

1.1018 GBP

10p ordinary

Sale

4,639

1.1197 GBP

10p ordinary

Sale

13,692

1.1124 GBP

10p ordinary

Sale

18,983

1.1096 GBP

10p ordinary

Sale

22,503

1.1148 GBP

10p ordinary

Sale

218,403

1.1200 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

28

1.1099 GBP

10p ordinary

SWAP

Long

602

1.1046 GBP

10p ordinary

SWAP

Long

1,655

1.1064 GBP

10p ordinary

SWAP

Long

8,344

1.1199 GBP

10p ordinary

SWAP

Long

13,557

1.1121 GBP

10p ordinary

SWAP

Long

17,430

1.1087 GBP

10p ordinary

CFD

Long

21,874

1.1093 GBP

10p ordinary

CFD

Long

217,686

1.1200 GBP

10p ordinary

SWAP

Short

473

1.1065 GBP

10p ordinary

SWAP

Short

733

1.1064 GBP

10p ordinary

SWAP

Short

2,386

1.1040 GBP

10p ordinary

CFD

Short

2,754

1.1171 GBP

10p ordinary

SWAP

Short

4,598

1.1200 GBP

10p ordinary

SWAP

Short

6,281

1.1162 GBP

10p ordinary

CFD

Short

6,506

1.0968 GBP

10p ordinary

CFD

Short

8,120

1.1093 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:

18 Nov 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213