Director/PDMR Shareholding

RNS Number : 3767Q
Renold PLC
18 June 2020
 

Renold plc

("Renold" or the "Group")

 

Director/PDMR Shareholdings

 

18 June 2020

 

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Robert Purcell, Chief Executive, has purchased 405,263 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), 50,000 of which were purchased in his wife's name.

 

Following these transactions, Mr Purcell's beneficial interest in 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

Robert Purcell

4,153,789

1.84%

 

ENQUIRIES:

 

Renold plc

0161 498 4500

Robert Purcell, Chief Executive


Ian Scapens, Group Finance Director




Peel Hunt LLP

020 7418 8900

Mike Bell


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

Robert Purcell

2

Reason for the notification

a)

Position/status

Chief Executive

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)




9.5p

105,263




10.0p

250,000




9.7p

50,000







d)

 

Aggregated information




- Aggregated volume

405,263



- Price

9.83 pence (average)



e)

 

Date of the transaction

 

16 /17 June 2020

f)

 

Place of the transaction

 

London Stock Exchange

 

 


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Companies

Renold (RNO)
UK 100

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