Director/PDMR Shareholding

RNS Number : 1621Z
Renew Holdings PLC
03 February 2014
 



3 February 2014

 

Renew Holdings plc

("Renew" or the "Company")

 

Director/PDMR shareholding

 

Exercise of Unapproved Share Options

 

Under the terms of the Renew Holdings plc Approved Executive Share Option Scheme, Brian May and John Samuel have each exercised options over 57,140 ordinary shares of 10p in Renew today. Mr May and Mr Samuel have both sold all of these shares today at an average price of 197.6281p per share.

 

The Company has issued new shares to satisfy these options bringing the total number of ordinary shares of 10p each of the Company in issue to 61,517,948, an increase of 0.19%.

 

Mr May continues to hold 844,193 shares representing 1.4% of the issued share capital and Mr Samuel continues to hold 240,548 shares representing 0.4% of the issued share capital.

 

Following this exercise, there are no further options outstanding under the Renew Holdings plc Approved Executive Share Option Scheme. There are a further 1,053,165 options outstanding under the Company's Long Term Incentive Plan all of which are subject to performance criteria and none of which have yet vested.

 

Enquiries:

Renew Holdings plc

                      Tel: 0113 281 4200

Brian May, Chief Executive


John Samuel, Group Finance Director




Numis Securities Limited

                      Tel: 020 7260 1000

Stuart Skinner (Nominated Adviser)


James Serjeant (Corporate Broker)




Walbrook PR

                      Tel: 020 7933 8780

Paul McManus (Media Relations)

Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com

Paul Cornelius (Investor Relations)

Mob: 07827 879 496 or paul.cornelius@walbrookir.com

 

About Renew Holdings plc

 

Engineering Services, which now accounts for over 70% of Group revenue and 80% of operating profit, focuses on the key markets of Energy (including Nuclear), Environmental and Infrastructure, which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.

 

Specialist Building focuses on the High Quality Residential and New Build Affordable Housing markets in the South of England.

 

For more information please visit the Renew Holdings plc website: www.renewholdings.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSLLFESFTIVIIS
UK 100

Latest directors dealings