Renold plc
DIRECTOR'S PURCHASE OF SHARES
10 July 2019
Renold plc ("Renold" or "the Group"), a leading international supplier of industrial chains and related power transmission products, today issues the following statement.
Renold announces that Mark Harper, Non-Executive-Chairman, notified the Company on 09 July 2019 of the following purchase of ordinary shares of 5p in the Company ("Ordinary Shares"). The shares were purchased by Mandy Jane Harper, a person closely associated with Mark Harper:
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Date of purchase |
No. of Ordinary Shares |
Price |
|
Mandy Jane Harper |
09 July 2019 |
95,000 |
25.44p |
|
Mandy Jane Harper |
09 July 2019 |
3,000 |
25.38p |
Following this purchase, Mark Harper's beneficial interest in the 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 |
|
Mark Harper |
706,449 |
0.31% |
ENQUIRIES:
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Renold plc |
0161 498 4500 |
|
Robert Purcell, Chief Executive |
|
|
Ian Scapens, Group Finance Director |
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Peel Hunt LLP |
020 7418 8900 |
|
Mike Bell |
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|
Ross Allister |
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Ed Allsopp |
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|
Instinctif Partners |
020 7457 2020 |
|
Mark Garraway |
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|
Rosie Driscoll |
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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:
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Mandy Jane Harper |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA with Mark Harper (Non-Executive Chairman) |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Renold plc
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b) |
LEI |
213800LNDGJY65SP6P54
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4
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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 |
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 5 pence each |
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Identification code |
ISIN: GB0007325078 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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25.44p |
95,000 |
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|
25.38p |
3,000 |
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d)
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Aggregated information |
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- Aggregated volume |
98,000 |
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- Price |
25.44p (average) |
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e)
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Date of the transaction
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9 July 2019 |
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f)
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Place of the transaction
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London Stock Exchange |
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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.
