R4E Reach4entertainment Enterprises Plc

TIDMR4E

RNS Number : 6524J

Reach4Entertainment Enterprises PLC

29 June 2017

29 June 2017

reach4entertainment enterprises plc

('r4e', 'the Company' or 'the Group')

PDMR shareholding

r4e, the transatlantic media and entertainment marketing company, has been informed that Simon Shimell, Finance Director of Dewynters and a PDMR, has on 28 June 2017 sold 200,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at a price of 1.55p per Ordinary Share. Following this sale, Mr Shimell holds 460,000 Ordinary Shares.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                        Simon Shimell 
---  --------------------------  ------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status             Dewynters Finance Director 
                                   (PDMR) 
---  --------------------------  ------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                        reach4entertaiment enterprises 
                                   plc 
---  --------------------------  ------------------------------------- 
 b)   LEI                         213800JHWWJD1PKYGS67 
---  --------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ----------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 0.5p each 
       financial instrument,       in reach4entertainment enterprises 
       type of instrument          plc 
       Identification code 
                                   Identification code (ISIN) 
                                   for reach4entertainment enterprises 
                                   plc ordinary shares: GB00B1HLCW86 
---  --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Sale of shares 
---  --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    1.55p      200,000 
                                   ---------  ---------- 
---  --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------------- 
 e)   Date of the transaction     28 June 2017 
---  --------------------------  ------------------------------------- 
 f)   Place of the transaction    XLON 
---  --------------------------  ------------------------------------- 
 

Enquiries:

 
 reach4entertainment enterprises 
  plc 
                                         +44 (0) 20 7968 
 David Stoller, Executive Chairman        1655 
 
   Allenby Capital (Nominated Adviser    +44 (0) 20 3328 
   and Broker)                            5656 
 Jeremy Porter/James Reeve (Corporate 
  Finance) 
 Katrina Perez/Kelly Gardiner 
 
   Novella Communications (Financial     +44 (0) 20 3151 
   PR)                                    7008 
 Tim Robertson 
  Toby Andrews 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 29, 2017 12:30 ET (16:30 GMT)

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