27 Jul 2021 12:50
27 July 2021
Renold plc
("Renold", the "Company" or the "Group")
Director/PDMR Shareholding
Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Jim Haughey, Group Finance Director, has purchased 20,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").
Following this transaction, Mr Haughey has a beneficial interest in 20,000 Ordinary Shares, representing approximately 0.01 per cent. of the Company's issued share capital.
ENQUIRIES:
Renold plc | 0161 498 4500 |
Robert Purcell, Chief Executive Jim Haughey, Group Finance Director | |
Peel Hunt LLP | 020 7418 8900 |
Mike Bell | |
Ed Allsopp | |
IFC Advisory Limited Tim Metcalfe Graham Herring | 020 3934 6630 renold@investor-focus.co.uk |
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 their 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 | Jim Haughey | |||
2 | Reason for the notification | ||||
a) | Position/status | Group Finance 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 | |||
Identification code | ISIN: GB0007325078 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
21.25 pence 20.60 pence | 500 19,500 |
| |||
d)
| Aggregated information | ||||
- Aggregated volume | 20,000 | ||||
- Price | 20.62 pence (average) | ||||
e)
| Date of the transaction
| 26 July 2021 | |||
f)
| Place of the transaction
| London Stock Exchange |