Renold PLC Director/PDMR Shareholding (7310N)

TIDMRNO

RNS Number : 7310N

Renold PLC

24 January 2023

Renold plc

("Renold" or the "Company")

Director/PDMR Shareholding

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces the exercise of share options under the Company's 2013 Performance Share Plan by Robert Purcell, Chief Executive of the Company.

Robert Purcell exercised nil cost options over 1,065,089 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"). The exercise of options will be satisfied by the transfer to Mr Purcell of 1,065,089 Ordinary Shares from the Renold Employee Benefit Trust.

Following this transaction, Mr Purcell, including the beneficial holdings of persons closely associated with him, has an interest in 5,808,878 Ordinary Shares, representing 2.58% of the Company's issued ordinary share capital.

ENQUIRIES:

 
 Renold plc                             0161 498 4500 
 Robert Purcell, Chief Executive 
 Jim Haughey, Group Finance Director 
 
 
 Peel Hunt LLP (Nominated Adviser and 
  Joint Broker)                                   020 7418 8900 
 Mike Bell 
 Ed Allsopp 
 finnCap Limited (Joint Broker)                   020 7220 0500 
 Ed Frisby / Tim Harper (Corporate 
  Finance) 
 Andrew Burdis / Harriet Ward 
  (ECM) 
 
 IFC Advisory Limited (Financial PR and 
  IR)                                             020 3934 6630 
 Tim Metcalfe                                     renold@investor-focus.co.uk 
 Graham Herring

NOTES FOR EDITORS

Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well-deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.

Further information about Renold can be found on the website at: www.renold.com

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Robert Purcell 
      -----------------------------------  --------------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                      Chief Executive 
      -----------------------------------  --------------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  --------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                 Renold plc 
      -----------------------------------  --------------------------------------------- 
 b)    LEI                                  213800LNDGJY65SP6P54 
      -----------------------------------  --------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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 
        financial instrument, 
        type of instrument 
       Identification code                  ISIN: GB0007325078 
      -----------------------------------  --------------------------------------------- 
 b)    Nature of the transaction            Exercise of nil cost Company Share 
                                             Option Plan options (granted in 2016) 
                                             over Ordinary Shares in Renold Plc 
      -----------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                            -------------------------  --------------- 
                                             Exercise Price             Volume 
                                            -------------------------  --------------- 
    Nil                                                                 1,065,089 
   ------------------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                  1,065,089 Ordinary Shares 
 
  - Price                               Nil 
 
 e)    Date of the transaction                24 January 2023 
      -----------------------------------  --------------------------------------------- 
 f)    Place of the transaction             Outside of a trading platform 
      -----------------------------------  ---------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBUGDBRGDDGXS

(END) Dow Jones Newswires

January 24, 2023 10:09 ET (15:09 GMT)

Renold (AQSE:RNO.GB)
過去株価チャート
から 10 2024 まで 11 2024