Renold plc
("Renold" or the "Group")
Director/PDMR Shareholdings
18 September 2020
Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Robert Purcell, Chief Executive, has purchased 200,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").
Following this transaction, Mr Purcell's beneficial interest in 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 |
| Robert Purcell |
4,353,789 |
1.93% |
ENQUIRIES:
| Renold plc |
0161 498 4500 |
| Robert Purcell, Chief Executive |
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| Peel Hunt LLP |
020 7418 8900 |
| Mike Bell |
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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
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
| 1
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Details of the person discharging managerial responsibilities / person closely associated |
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| a) |
Name |
Robert Purcell |
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| 2 |
Reason for the notification |
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| a) |
Position/status |
Chief Executive |
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| b) |
Initial notification /Amendment |
Initial notification |
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| 3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
Renold plc
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| b) |
LEI |
213800LNDGJY65SP6P54
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| 4
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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 |
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| a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 5 pence each |
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| Identification code |
ISIN: GB0007325078 |
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| b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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| c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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8.74p |
200,000 |
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| d)
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Aggregated information |
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| - Aggregated volume |
200,000 |
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| - Price |
8.74pence (average) |
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| e)
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Date of the transaction
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17 September 2020 |
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| f)
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Place of the transaction
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London Stock Exchange |
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