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 |