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3 Jun 2019 07:00
Renold plc
("Renold" or "the Company")
Timetable update
3 June 2019
Renold, a leading international supplier of industrial chains and related power transmission products, today announces an update to the timetable for the cancellation of the Company's ordinary shares of 5 pence each (the "Ordinary Shares") and the Company's units of 6 per cent. cumulative preference stock of £1.00 each (the "Preference Stock") from the Official List and admission of the same securities to trading on AIM.
The Company confirms that cancellation of the Company's Ordinary Shares and Preference Stock (the "Entire Share Capital") is now expected to occur at 08.00 a.m. on 7 June 2019.
Admission to AIM of the Entire Share Capital is therefore expected to become effective at 08.00 a.m. on 7 June 2019.
ENQUIRIES:
Renold plc | 0161 498 4500 |
Robert Purcell, Chief Executive |
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Ian Scapens, Group Finance Director |
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Peel Hunt LLP | 020 7418 8900 |
Mike Bell |
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Ross Allister |
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Ed Allsopp |
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Instinctif Partners | 020 7457 2020 |
Mark Garraway |
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Rosie Driscoll |
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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
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