REG - Renew Holdings PLC - Director/PDMR Shareholding

Renew HoldingsAnnouncement

23/12/2022 07:00

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RNS Number : 6610K  Renew Holdings PLC  23 December 2022

23 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 a total
of 6,050 ordinary shares of 10p each in the Company ("Ordinary Shares") have
been issued and allotted to satisfy the Company's obligations under the
Executive Incentive Scheme ("EIS") on 22 December 2022. These shares have been
issued net of any income tax and national insurance charges which will be
settled through the Company's payroll.

 

Paul Scott, Chief Executive was issued 2,420 Ordinary Shares, Sean
Wyndham-Quin, Chief Financial Officer was issued 1,867 Ordinary Shares and
Andries Liebenberg, Executive Director was issued 1,763 Ordinary Shares.

 

Application has been made to the London Stock Exchange for the admission of
6,050 new Ordinary Shares to trading on AIM. Admission is expected to take
place at 8.00am on 30 December 2022. The Company's total issued share capital
immediately following admission will consist of 78,868,793 Ordinary Shares
with one voting right per share. The above figure of 78,868,793 Ordinary
Shares may be used by shareholders as the denominator for the calculations by
which they can determine if they are required to notify their interest in, or
a change to their interest in, the Company following admission.

 

Following the share issue set out above, Mr Scott's shareholding has increased
to 177,463 shares representing 0.23% of the issued share capital, My
Wyndham-Quin's shareholding has increased to 90,930 representing 0.12% of the
issued share capital and Mr Liebenberg's shareholding has increased to 49,481
shares representing 0.06% of the issued share capital.

 

For further information, please contact:

 

 Renew Holdings plc                                               www.renewholdings.com (http://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 & Joint Broker)      020 7260 1000

 Stuart Skinner/ Kevin Cruickshank

 Peel Hunt LLP (Joint Broker)

 Mike Burke / Harry Nicholas / Charles Batten                     020 7418 8900

 FTI Consulting (Financial PR)                                    020 3727 1000

 Alex Beagley / Sam Macpherson / Rafaella de Freitas              Renew@fticonsulting.com (mailto:Renew@fticonsulting.com)

 

 

 

 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                                    Issue of ordinary shares of 10p each under the Company's under the Company's

                                                            Executive Incentive Plan.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nominal cost          2,420

 d)   Aggregated information                                       Single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      22 December 2022

 f)   Place of the transaction                                     XLON

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

                                                                    Sean Wyndham-Quin

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 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                                    Issue of ordinary shares of 10p each under the Company's under the Company's

                                                            Executive Incentive Plan.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nominal cost          1,867

 d)   Aggregated information                                       Single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      22 December 2022

 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                                    Issue of ordinary shares of 10p each under the Company's under the Company's

                                                            Executive Incentive Plan.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nominal cost          1,763

 d)   Aggregated information                                       Single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      22 December 2022

 f)   Place of the transaction                                     XLON

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: Engineering
Services, 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, Landmark and
Science markets in London and the Home Counties.

 

For more information please visit the Renew Holdings plc website:
www.renewholdings.com (http://www.renewholdings.com)

 

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