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Pin to quick picksRenold Regulatory News (RNO)

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Grant of Options

3 Mar 2010 18:19

RNS Number : 0587I
Renold PLC
03 March 2010
 



Renold plc

("Renold" or the "Company")

 

Grant of Options

 

The Company wishes to announce the following grants of options (Options) on 5 February 2010 in Renold's ordinary shares of 5p each (Shares) in accordance with the rules of The Renold plc 2004 Non Inland Revenue Approved Company Share Option Plan:

 

Robert John Davies (Chief Executive): 2,456,896 Shares

Peter Bream (Finance Director): 1,551,724 Shares

 

The Options have been issued with an exercise price of 23.2p per Share and no consideration was paid for the grant of the Options.

 

Following the issue of the Options, Mr Davies and Mr Bream hold the following share options:

 

Robert Davies 

 

No. of share options held

Exercise price (pence)

Date exercisable from

Exercisable until

146,799

 65.14

 11.03.07

 10.03.14

557,835

 74.93

 02.09.07

 01.09.14

117,439

 52.45

 26.07.09

 25.07.16

117,439

 97.24

 02.01.10

 01.01.17

176,159

 78.81

 27.11.10

 26.11.17

667,151

 64.63

 31.03.11

 30.03.18

211,733

 65.57

 01.04.11

 31.03.18

2,456,896

 23.20

 05.02.13

 04.02.20

 

 

 Peter Bream

 

No. of share options held

Exercise price (pence)

Date exercisable from

Exercisable until

 176,159

 52.45

 26.07.09

 25.07.16

 70,463

 97.24

 02.01.10

 01.01.17

117,439

 78.81

 27.11.10

 26.11.17

278,511

 64.63

 31.03.11

 30.03.18

1,551,724

 23.20

 05.02.13

 04.02.20

 

 

3 March 2010

 

 

ENQUIRIES:

 

Renold plc

0161 498 4500

Bob Davies, Chief Executive

Peter Bream, Finance Director

College Hill

020 7457 2020

Adam Aljewicz

 

 

 

 

Notes to Editors:

 

Renold is a global leader in the manufacture of industrial chains and a wide range of precision engineering products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. Its products are used in a wide variety of industries including transportation, energy, steel, manufacturing and mining.

 

The Company has a well deserved reputation for quality that is recognized worldwide. The Company's expertise and products are currently being used in the Thames Barrier and Big Ben in London.

 

For more information on Renold, visit www.renold.com

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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