Grant of Options

RNS Number : 5279T
Renold PLC
29 September 2010
 



Renold plc

("Renold" or the "Company")                       

 

Grant of Options

 

The Company wishes to announce the following grants of options (Options) on 27 September 2010 in Renold's ordinary shares of 5p each (Shares) in accordance with the rules of The Renold plc 2004 Non Inland Revenue Approved Company Share Option Plan:

 

Brian Tenner (Finance Director):       678,898 Shares

 

The Options have been issued with an exercise price of 27.25p per Share and no consideration was paid for the grant of the Options.

 

Following the issue of the Options, Mr Tenner holds the following share options:

  

No. of share options held

Exercise price (pence)

Date exercisable from

Exercisable until

678,898

 27.25

27 September 2013

26 September 2020

 

29 September 2010

 

 

ENQUIRIES:

 

Renold plc

0161 498 4500

Bob Davies, Chief Executive






College Hill

020 7457 2020

Adam Aljewicz


 

 

 

Notes to Editors:

 

Renold is a global leader in the manufacture of industrial chains and a wide range of precision engineering products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. Its products are used in a wide variety of industries including transportation, energy, steel, manufacturing and mining.

 

The Company has a well deserved reputation for quality that is recognized worldwide.

 

For more information on Renold, visit www.renold.com

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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