Director/PDMR Shareholding

RNS Number : 0769F
Renold PLC
10 July 2019
 

Renold plc

DIRECTOR'S PURCHASE OF SHARES

 

10 July 2019

 

Renold plc ("Renold" or "the Group"), a leading international supplier of industrial chains and related power transmission products, today issues the following statement.

 

Renold announces that Mark Harper, Non-Executive-Chairman, notified the Company on 09 July 2019 of the following purchase of ordinary shares of 5p in the Company ("Ordinary Shares").  The shares were purchased by Mandy Jane Harper, a person closely associated with Mark Harper:

 

 

Date of purchase

No. of Ordinary Shares

Price

Mandy Jane Harper

09 July 2019

95,000

25.44p

Mandy Jane Harper

09 July 2019

3,000

25.38p

 

Following this purchase, Mark Harper's beneficial interest in the Ordinary Shares, including the beneficial holdings of persons closely associated with him, is as follows:

 

 

No. of Ordinary Shares

Percentage of issued Ordinary Share capital

Mark Harper

706,449

0.31%

 

 

ENQUIRIES:

 

Renold plc

0161 498 4500

Robert Purcell, Chief Executive


Ian Scapens, Group Finance Director




Peel Hunt LLP

020 7418 8900

Mike Bell


Ross Allister


Ed Allsopp




Instinctif Partners

020 7457 2020

Mark Garraway


Rosie Driscoll


 

 

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:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mandy Jane Harper

2

Reason for the notification

a)

Position/status

PCA with Mark Harper (Non-Executive Chairman)

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Renold plc

 

b)

LEI

213800LNDGJY65SP6P54

 

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 financial instrument, type of instrument

Ordinary Shares of 5 pence each

Identification code

ISIN: GB0007325078

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




25.44p

95,000




25.38p

3,000







d)

 

Aggregated information




- Aggregated volume

98,000



- Price

25.44p (average)



e)

 

Date of the transaction

 

9 July 2019

f)

 

Place of the transaction

 

London Stock Exchange

 


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