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19 Jul 2021 11:23
19 July 2021
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Renold plc
("Renold", the "Company" or the "Group")
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Director/PDMR Shareholding
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Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Andrew Magson, Non-Executive-Director, has purchased 50,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").
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Following this transaction, Mr Magson's beneficial interest in Ordinary Shares is 50,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.
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ENQUIRIES:
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Renold plc | 0161 498 4500 |
Robert Purcell, Chief Executive | Ā |
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Peel Hunt LLP | 020 7418 8900 |
Mike Bell | Ā |
Ed Allsopp | Ā |
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IFC Advisory Limited Tim Metcalfe Greham Herring | 020 3934 6630 renold@investor-focus.co.uk |
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NOTES FOR EDITORS
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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.
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Further information about Renold can be found on their website at: www.renold.com
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The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
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1 Ā | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Andrew Magson | |||
2 | Reason for the notification | ||||
a) | Position/status | Non-Executive Director | |||
b) | Initial notification /Amendment | Initial notification | |||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Renold plc Ā | |||
b) | LEI | 213800LNDGJY65SP6P54 Ā | |||
4 Ā | 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) Ā | 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) Ā | Price(s) and volume(s) | Ā | Ā | Ā | Ā |
Ā | Ā | Price(s) | Volume(s) | Ā | |
Ā | Ā | 24.3819p | 50,000 | Ā | |
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d) Ā | Aggregated information | Ā | |||
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- Aggregated volume | 50,000 | ||||
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- Price | Ā 24.3819 pence (average) | ||||
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e) Ā | Date of the transaction Ā | 16 July 2021 | |||
f) Ā | Place of the transaction Ā | London Stock Exchange | |||
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