TIDMRNO

RNS Number : 6376G

Renold PLC

27 July 2021

27 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 Jim Haughey, Group Finance Director, has purchased 20,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Following this transaction, Mr Haughey has a beneficial interest in 20,000 Ordinary Shares, representing approximately 0.01 per cent. of the Company's issued share capital.

ENQUIRIES:

 
 Renold plc                              0161 498 4500 
 Robert Purcell, Chief Executive 
  Jim Haughey, Group Finance Director 
 
 Peel Hunt LLP                           020 7418 8900 
 Mike Bell 
 Ed Allsopp 
 
 IFC Advisory Limited                    020 3934 6630 
  Tim Metcalfe                            renold@investor-focus.co.uk 
  Graham Herring 
 

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                               Jim Haughey 
      ---------------------------------  ----------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------- 
 a)    Position/status                    Group Finance Director 
      ---------------------------------  ----------------------------------------- 
 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 
        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) 
                                               ----------------  ------------ 
                                                21.25 pence       500 
     20.60 pence                                                   19,500 
   ------------------------------------------------------------  ------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                20,000 
 
  - Price                            20.62 pence (average) 
 
 e)    Date of the transaction            26 July 2021 
      ---------------------------------  ----------------------------------------- 
 f)    Place of the transaction           London Stock Exchange 
      ---------------------------------  ----------------------------------------- 
 

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END

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