Renold PLC Employee Benefit Trust (0317F)
July 22 2016 - 9:59AM
UK Regulatory
TIDMRNO
RNS Number : 0317F
Renold PLC
22 July 2016
Renold plc
("Renold" or "the Company")
ISSUANCE OF SHARES
Renold announces that it has issued 2,353,037 5p shares in
Renold plc at a cost of GBP117,651.85 to its Employee Benefit Trust
to facilitate the exercise of share options by employees across the
Company.
Application has been made for the new ordinary shares to be
admitted to trading on The London Stock Exchange and it is
anticipated that admission will become effective on 28 July 2016.
Following admission, the Company's issued share capital will
consist of 225,417,740 ordinary shares of 5p each.
22 July 2016
ENQUIRIES:
Renold plc 0161 498 4500
Robert Purcell, Chief Executive Officer
Brian Tenner, Group Finance Director
Arden Partners 020 7614 5917
Chris Hardie
Instinctif Partners 020 7457 2020
Mark Garraway
Helen Tarbet
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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