Renew Holdings PLC Director/PDMR Shareholding (0916M)
January 18 2016 - 2:00AM
UK Regulatory
TIDMRNWH
RNS Number : 0916M
Renew Holdings PLC
18 January 2016
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 400,000 options ("LTIP
options") to subscribe for ordinary shares of 10p each pursuant to
the Company's Long Term Incentive Plan adopted on 25 January 2012
have been exercised on 15 January 2016. Brian May has sold 228,560
of these shares and John Samuel has sold 171,440 of these shares
today at an average price of 3.85p per share.
The Company has issued new shares to satisfy these LTIP options
bringing the total number of ordinary shares of 10p each of the
Company in issue to 62,317,948, an increase of 0.65%.
Mr May continues to hold 584,193 shares representing 0.9% of the
issued share capital and Mr Samuel continues to hold 240,548 shares
representing 0.4% of the issued share capital.
Following this exercise, there are a further 548,121 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.
Enquiries:
Renew Holdings plc Tel: 0113 281 4200
Brian May, Chief Executive
John Samuel, Group Finance
Director
Numis Securities Limited Tel: 020 7260 1000
Stuart Skinner (Nominated
Adviser)
James Serjeant (Corporate
Broker)
Walbrook PR Tel: 020 7933 8780 or renew@walbrookpr.com
Lianne Cawthorne Mob: 07584 391 303
About Renew Holdings plc
Engineering Services, which accounts for 85% 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
The company news service from the London Stock Exchange
END
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