Last checked at 10 Jul 2019 09:10
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:
| 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:
Renold plc | 0161 498 4500 |
Robert Purcell, Chief Executive | |
Ian Scapens, Group Finance Director | |
Peel Hunt LLP | 020 7418 8900 |
Mike Bell | |
Ross Allister | |
Ed Allsopp | |
Instinctif Partners | 020 7457 2020 |
Mark Garraway | |
Rosie Driscoll |
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 | Mandy Jane Harper | |||
2 | Reason for the notification | ||||
a) | Position/status | PCA with Mark Harper (Non-Executive Chairman) | |||
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) | ||||
25.44p | 95,000 | ||||
25.38p | 3,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 98,000 | ||||
- Price | 25.44p (average) | ||||
e)
| Date of the transaction
| 9 July 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||