REG - Renew Holdings PLC - Director/PDMR Shareholding - Exercise of LTIPS <Origin Href="QuoteRef">RNWH.L</Origin>
RNS Number : 3999BRenew Holdings PLC09 January 2018Renew Holdings plc
("Renew" or the "Company")
Director/PDMR Shareholding - Exercise of LTIPS
Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that a total of 107,136 options ("LTIP options") to acquire ordinary shares of 10p each pursuant to the Company's Long Term Incentive Plan have been exercised on 8 January 2018. On 9 January 2018, Paul Scott and Andries Liebenberg, directors, sold 18,081 and 13,614 of these shares respectively at an average price of 4.44 per share. Mr Scott's shareholding has increased to 22,000 shares representing 0. 04% of the issued share capital and Mr Liebenberg's has increased to 12,000 shares representing 0.02 % of the issued share capital.
Following this exercise, there are a further 530,800 options outstanding under the Company's Long Term Incentive Plan all of which are subject to performance criteria and none of which have yet vested.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Scott
2
Reason for the notification
a)
Position/status
Chief Executive
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Renew Holdings plc
b)
LEI
213800O3DC3V4WYA2E09
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 10p each.
Identification code
GB0005359004
b)
Nature of the transaction
Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nominal cost
24,592
2.86
10,489
d)
Aggregated information
Single transaction
- Aggregated volume
- Price
e)
Date of the transaction
8 January 2018
f)
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Scott
2
Reason for the notification
a)
Position/status
Chief Executive
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Renew Holdings plc
b)
LEI
213800O3DC3V4WYA2E09
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 10p each.
Identification code
GB0005359004
b)
Nature of the transaction
Sale of ordinary shares of 10p each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
GBP 444
18,081
d)
Aggregated information
Single transaction
- Aggregated volume
- Price
e)
Date of the transaction
9 January 2018
f)
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andries Petrus Liebenberg
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Renew Holdings plc
b)
LEI
213800O3DC3V4WYA2E09
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 10p each.
Identification code
GB0005359004
b)
Nature of the transaction
Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nominal cost
15,125
2.86
10,489
d)
Aggregated information
Single transaction
- Aggregated volume
- Price
e)
Date of the transaction
8 January 2018
f)
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andries Petrus Liebenberg
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Renew Holdings plc
b)
LEI
213800O3DC3V4WYA2E09
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 10p each.
Identification code
GB0005359004
b)
Nature of the transaction
Sale of ordinary shares of 10p each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
GBP 444
13,614
d)
Aggregated information
Single transaction
- Aggregated volume
- Price
e)
Date of the transaction
9 January 2018
f)
Place of the transaction
XLON
Enquiries:
Renew Holdings plc
Tel: 0113 281 4200
Paul Scott, Chief Executive
Sean Wyndham-Quin, Group Finance Director
Numis Securities Limited
Tel: 020 7260 1000
Stuart Skinner/ Kevin Cruickshank (Nominated Adviser)
Michael Burke (Corporate Broker)
Walbrook PR
Tel: 020 7933 8780 or renew@walbrookpr.com
Paul McManus
Mob: 07980 541 893
Nick Rome
Lianne Cawthorne
Mob: 07748 325 236
Mob: 07584 391 303
About Renew Holdings plc
Engineering Services, which accounts for over 80% of Group revenue and 90% of operating profit, focuses on the key markets of Energy (including Nuclear), Environmental and Infrastructure, which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.
Specialist Building focuses on the High Quality Residential market in London and the Home Counties.
For more information please visit the Renew Holdings plc website: www.renewholdings.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHLLFFELAIAIIT
Recent news on Renew Holdings
See all newsREG - Renew Holdings PLC - Holding(s) in Company
AnnouncementREG - Renew Holdings PLC - Change of Nominated Adviser
AnnouncementREG - Renew Holdings PLC - Half-year Report
AnnouncementREG - Renew Holdings PLC - H1 Trading Update and Notice of Results
AnnouncementREG - Renew Holdings PLC - Holding(s) in Company
Announcement