Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 9590Y
Renold PLC
09 September 2022
 

09 September 2022

 

Renold plc

("Renold", or the "Company")

Director/PDMR Shareholding

 

 

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Victoria Potter, Non-Executive-Director, has purchased 45,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").

 

Following this transaction, Mrs Potter's beneficial interest in Ordinary Shares is 45,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

 

 

ENQUIRIES:

 

Renold plc

IFC Advisory Limited

Andrew Batchelor, Company Secretary

Tim Metcalfe


Graham Herring


renold@investor-focus.co.uk

0161 498 4500

020 3934 6630

 

 

Nominated Adviser and Joint Broker

Joint Broker

Peel Hunt LLP

FinnCap Limited

Mike Bell    

Ed Frisby / Tim Harper (Corporate Finance)

Ed Allsopp

Andrew Burdis / Harriet Ward (ECM)


 

020 7418 8900

 

020 7220 0500

 

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

Victoria Potter

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

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 financial instrument, type of instrument

Ordinary shares of 5 pence each

Identification code

ISIN: GB0007325078

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




24.19 pence

45,000







d)

 

Aggregated information




- Aggregated volume

45,000



- Price

24.19 pence (average)



e)

 

Date of the transaction

 

08 September 2022

f)

 

Place of the transaction

 

London Stock Exchange

 

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