Director/PDMR Shareholding

RNS Number : 6804F
Renold PLC
19 July 2021
 

19 July 2021

 

Renold plc

("Renold", the "Company" or the "Group")

 

Director/PDMR Shareholding

 

 

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Andrew Magson, Non-Executive-Director, has purchased 50,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").

 

Following this transaction, Mr Magson's beneficial interest in Ordinary Shares is 50,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

 

ENQUIRIES:

 

Renold plc

0161 498 4500

Robert Purcell, Chief Executive

 

 

 

Peel Hunt LLP

020 7418 8900

Mike Bell

 

Ed Allsopp

 

 

 

IFC Advisory Limited

Tim Metcalfe

Greham Herring

020 3934 6630

renold@investor-focus.co.uk

 

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 their 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

Andrew Magson

2

Reason for the notification

a)

Position/status

Non-Executive Director

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)

 

 

 

24.3819p

50,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

50,000

 

 

- Price

 24.3819 pence (average)

 

 

e)

 

Date of the transaction

 

16 July 2021

f)

 

Place of the transaction

 

London Stock Exchange

 

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