RNS No 1469n
REECE PLC

 
DEALINGS BY DIRECTORS
 
1)   NAME OF COMPANY
     REECE PLC
 
2)   NAME OF DIRECTOR
     M J NORRIS
 
3)  Please  state  whether notification indicates that  it  is  in
    respect  of  holding  of the director  named  in  2  above  or
    holding of that person's spouse or children under the  age  of
    18 or in respect of a non-beneficial interest
 
     DIRECTOR'S HOLDING
 
4)  Name  of  the  registered holder(s)  and,  if  more  than  one
    holder,  the  number  of  shares held  by  each  of  them  (if
    notified)
     M J NORRIS
 
5)  Please  state  whether  notification relates  to  a  person(s)
    connected with the director named in 2 above and identify  the
    connected person(s)
     N/A
 
6)  Please   state  the  nature  of  the  transaction.   For   PEP
    transactions  please  indicate whether general/single  co  PEP
    and if discretionary/non discretionary
     PURCHASE OF SHARES IN OWN NAME
 
7)   Number of shares/amount of stock acquired
     325,000
 
8)   (0.1835 %)
     of issued class
 
9)   Number of shares/amount of stock disposed
     N/A
 
10)  (N/A %)
     of issued class
 
11)  Class of security
     ORDINARY 0.01P SHARES
 
12)  Price per share
     1.1875 p
 
13)  Date of transaction
 
     29 DECEMBER 1997
 
14)  Date company informed
     29 DECEMBER 1997
 
15)  Total holding following this notification
     5,748,007
 
16) Total  percentage  holding  of  issued  class  following  this
    notification
     (3.25 %)
 
IF  A  DIRECTOR  HAS  BEEN GRANTED OPTIONS BY THE  COMPANY  PLEASE
COMPLETE THE FOLLOWING BOXES.
 
17)  Date of grant
     N/A
 
18)  Period during which or date on which exercisable
     N/A
 
19)  Total amount paid (if any) for grant of the option
     N/A
 
20)  Description of shares or debentures involved: class, number
     N/A
 
21) Exercise price (if fixed at time of grant) or indication  that
    grant is to be fixed at time of exercise
     N/A
 
22) Total  number of shares or debentures over which options  held
    following this notification
     N/A
 
23)  Any additional information
     XXX
 
24)  Name of contact and telephone number for queries
 
     TANIA RIDLEY        0171 426 9062
 
25) Name  and signature of authorised company official responsible
    for making this notification
 
     M J NORRIS
 
Date of notification
29 DECEMBER 1997
 
 
END

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