Renold PLC Director/PDMR Shareholding (7664Z)
September 22 2020 - 10:20AM
UK Regulatory
TIDMRNO
RNS Number : 7664Z
Renold PLC
22 September 2020
Renold plc
("Renold" or the "Group")
Director/PDMR Shareholdings
22 September 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 390,000 ordinary shares of 5 pence each in the Company
("Ordinary Shares"), 90,000 of which were purchased in his wife's
name.
Following this transaction, 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 4,743,789 2.10%
ENQUIRIES:
Renold plc 0161 498 4500
Robert Purcell, Chief Executive
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 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)
---------------- ----------------
9.60p 30,000
---------------- ----------------
9.60p 100,000
---------------- ----------------
9.43p 30,000
---------------- ----------------
9.43p 25,000
---------------- ----------------
9.43p 10,000
---------------- ----------------
9.43p 25,000
---------------- ----------------
9.43p 30,000
---------------- ----------------
9.50p 50,000
---------------- ----------------
d) Aggregated information
- Aggregated volume 300,000
- Price 9.51 pence (average)
e) Date of the transaction 18 September 2020
--------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Anna Purcell
--------------------------------------- -------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status PCA of 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)
---------------- ----------------
9.44p 30,000
---------------- ----------------
9.44p 30,000
---------------- ----------------
9.43p 30,000
---------------- ----------------
d) Aggregated information
- Aggregated volume 90,000
- Price 9.44 pence (average)
e) Date of the transaction 18 September 2020
--------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- -------------------------------------
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END
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