Director/PDMR Shareholding - Exercise of LTIPS
Renew Holdings plc
("Renew" or the "Company")
Director/PDMR Shareholding - Exercise of LTIPS
Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that a total of 107,136 options ("LTIP options") to acquire ordinary shares of 10p each pursuant to the Company's Long Term Incentive Plan have been exercised on 8 January 2018. On 9 January 2018, Paul Scott and Andries Liebenberg, directors, sold 18,081 and 13,614 of these shares respectively at an average price of £4.44 per share. Mr Scott's shareholding has increased to 22,000 shares representing 0. 04% of the issued share capital and Mr Liebenberg's has increased to 12,000 shares representing 0.02 % of the issued share capital.
Following this exercise, there are a further 530,800 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.
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Paul Scott |
|||
|
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
|
Renew Holdings plc |
|||
|
b)
|
LEI
|
213800O3DC3V4WYA2E09
|
|||
|
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 10p each. |
|||
|
|
|
||||
|
Identification code |
GB0005359004 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan.
|
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Nominal cost |
24,592 |
|
|
|
|
|
|
|
|
|
|
|
|
£2.86 |
10,489 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
Single transaction |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
8 January 2018 |
|||
|
f)
|
Place of the transaction
|
XLON |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Paul Scott
|
|||
|
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
|
Renew Holdings plc |
|||
|
b)
|
LEI
|
213800O3DC3V4WYA2E09 |
|||
|
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 10p each. |
|||
|
|
|
||||
|
Identification code |
GB0005359004 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Sale of ordinary shares of 10p each |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
GBP 444 |
18,081 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
Single transaction |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
9 January 2018 |
|||
|
f)
|
Place of the transaction
|
XLON |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Andries Petrus Liebenberg
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Director |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Renew Holdings plc |
|||
|
b)
|
LEI
|
213800O3DC3V4WYA2E09 |
|||
|
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 10p each. |
|||
|
|
|
||||
|
Identification code |
GB0005359004 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan. |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Nominal cost |
15,125 |
|
|
|
|
|
|
|
|
|
|
|
|
£2.86 |
10,489 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
Single transaction |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
8 January 2018 |
|||
|
f)
|
Place of the transaction
|
XLON |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Andries Petrus Liebenberg
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Director |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Renew Holdings plc |
|||
|
b)
|
LEI
|
213800O3DC3V4WYA2E09 |
|||
|
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 10p each. |
|||
|
|
|
||||
|
Identification code |
GB0005359004 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Sale of ordinary shares of 10p each |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
GBP 444 |
13,614 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
Single transaction |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
9 January 2018 |
|||
|
f)
|
Place of the transaction
|
XLON |
|||
Enquiries:
|
Renew Holdings plc |
Tel: 0113 281 4200 |
|||
|
Paul Scott, Chief Executive Sean Wyndham-Quin, Group Finance Director |
|
|||
|
|
|
|||
|
Numis Securities Limited |
Tel: 020 7260 1000 |
|||
|
Stuart Skinner/ Kevin Cruickshank (Nominated Adviser) |
|
|||
|
Michael Burke (Corporate Broker) |
|
|||
|
|
|
|||
|
Walbrook PR |
Tel: 020 7933 8780 or renew@walbrookpr.com |
|||
|
Paul McManus |
Mob: 07980 541 893 |
|||
|
Nick Rome Lianne Cawthorne |
Mob: 07748 325 236 Mob: 07584 391 303 |
|||
About Renew Holdings plc
Engineering Services, which accounts for over 80% of Group revenue and 90% 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 market in London and the Home Counties.
For more information please visit the Renew Holdings plc website: www.renewholdings.com
This information is provided by RNS
Latest directors dealings
- 1 hour ago Johnson Matthey
- 2 hours ago Galliford Try
- 2 hours ago Galliford Try
- 2 hours ago Centrica
- 3 hours ago Smith & Nephew