REG - Renew Holdings PLC - Director/PDMR Shareholding

Renew HoldingsAnnouncement

08/12/2022 12:30

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RNS Number : 0991J  Renew Holdings PLC  08 December 2022

08 December 2022

Renew Holdings plc

("Renew" or the "Group")

 

Director/PDMR shareholding

 

Renew (AIM: RNWH), the leading Engineering Services Group supporting the
maintenance and renewal of critical UK infrastructure, announces that Andries
Liebenberg, an Executive Director of Renew, has notified the Company that
earlier today, he sold 63,718 ordinary shares of 10p each in the Company
("Ordinary Shares") at a price of 701p per share and 16,282 Ordinary Shares at
693p per share.

 

As a result, Andries Liebenberg's resultant holding in the Group is 47,718
shares representing 0.06% of the issued share capital. Following this sale,
Andries Liebenberg will continue to hold more than 100% of his annual basic
salary in Ordinary Shares as required by the terms of the remuneration
committee.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Andries Liebenberg

 2    Reason for the notification

 a)   Position/status                                              Executive 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)
                                                                                     701p              63,718
                                                                                     693p              16,282

 d)   Aggregated information

      - Aggregated volume                                          80,000

      - Price                                                      699p

 e)   Date of the transaction                                      8 December 2022

 f)   Place of the transaction                                     London

 

 

For further information, please contact:

 

 Renew Holdings plc                                             www.renewholdings.com
 Paul Scott, Chief Executive Officer                            via FTI Consulting
 Sean Wyndham-Quin, Chief Financial Officer                     020 3727 1000

 Numis Securities Limited (Nominated Adviser and Joint Broker)  020 7260 1000
 Stuart Skinner / Kevin Cruickshank

 Peel Hunt LLP (Joint Broker)                                   020 7418 8900
 Mike Burke / Harry Nicholas / Charles Batten

 FTI Consulting (Financial PR)                                  020 3727 1000
 Alex Beagley / Sam Macpherson / Rafaella de Freitas            Renew@fticonsulting.com

About Renew Holdings plc

Renew is a leading UK Engineering Services business, performing a critical
role in keeping the nation's infrastructure functioning efficiently and
safely. The Group operates through independently branded subsidiaries across
its chosen markets, delivering non-discretionary maintenance and renewal tasks
through its highly skilled, directly employed workforce.

 

Renew's activities are focused into two business streams: Specialist
Engineering, which accounts for over 95 per cent of the Group's adjusted
operating profit, focuses on the key markets of Rail, Infrastructure, Energy
(including Nuclear) and Environmental 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 and Science
markets in London and the Home Counties.

 

For more information please visit the Renew Holdings plc website:
www.renewholdings.com

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