Renold PLC Director/PDMR Shareholding (7263E)
March 02 2020 - 9:22AM
UK Regulatory
TIDMRNO
RNS Number : 7263E
Renold PLC
02 March 2020
Renold plc
("Renold" or the "Group")
Director/PDMR Shareholdings
2 March 2020
Renold plc ("Renold" or "the Group"), a leading international
supplier of industrial chains and related power transmission
products, announces that it has been notified of the following
transactions in ordinary shares of 5 pence each in the Company
("Ordinary Shares").
Mark Harper, Non-Executive-Chairman, purchased 350,000 Ordinary
Shares in the Company, at an average price of 11.24 pence per
share.
Ian Scapens, Group Finance Director, purchased 42,372 Ordinary
Shares in the Company, at an average price of 11.80 pence per
share.
Following these transactions, Mr Harper and Mr Scapens
respective beneficial interest in Ordinary Shares, including the
beneficial holdings of persons closely associated with them, are as
follows:
No. of Ordinary Percentage of issued Ordinary
Shares Share capital
Mark Harper 1,056,449 0.47%
Ian Scapens 231,952 0.10%
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 Mark Harper
--------------------------------------- -------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Non-Executive Chairman-PDMR
--------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -------------------------------------
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 Ordinary Shares of 5 pence each
financial instrument,
type of instrument
Identification code ISIN: GB0007325078
--------------------------------------- -------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
--------------------------------------- -------------------------------------
c) Price(s) and volume(s)
---------------- ----------------
Price(s) Volume(s)
---------------- ----------------
11.69p 50,000
---------------- ----------------
11.46p 50,000
---------------- ----------------
11.41p 100,000
---------------- ----------------
10.93p 50,000
---------------- ----------------
10.88p 100,000
---------------- ----------------
d) Aggregated information
- Aggregated volume 350,000
- Price 11.24p (average)
e) Date of the transaction 28 February 2020
--------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Ian Scapens
--------------------------------------- -------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Group Finance Director-PDMR
--------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -------------------------------------
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 Ordinary Shares of 5 pence each
financial instrument,
type of instrument
Identification code ISIN: GB0007325078
--------------------------------------- -------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
--------------------------------------- -------------------------------------
c) Price(s) and volume(s)
---------------- ----------------
Price(s) Volume(s)
---------------- ----------------
11.80p 42,372
---------------- ----------------
d) Aggregated information
- Aggregated volume 42,372
- Price 11.80p (average)
e) Date of the transaction 2 March 2020
--------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- -------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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