REG - Renew Holdings PLC - Issue of Equity

Renew HoldingsAnnouncement

20/12/2023 12:00

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RNS Number : 4906X  Renew Holdings PLC  20 December 2023

20 December 2023

 

Renew Holdings plc

("Renew" or the "Group")

 

Issue of Equity

 

Renew (AIM: RNWH), the Engineering Services Group supporting UK
infrastructure, announces that a total of 4,306 ordinary shares of 10p each in
the Company ("Ordinary Shares") have been issued and allotted to satisfy the
Company's obligations under the Long-Term Incentive Plan ("LTIP") on 20
December 2023.

 

Application has been made to the London Stock Exchange for the admission of
4,306 new Ordinary Shares to trading on AIM. Admission is expected to take
place at 8.00am on 28 December 2023 and dealings in the placing shares will
commence at that time. The Company's total issued share capital immediately
following admission will consist of 79,138,195 Ordinary Shares with one voting
right per share. The above figure of 79,138,195 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.

 

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

                                                               020 7260 1000

 Deutsche Numis (Nominated Adviser and Joint Broker)
 Stuart Skinner / Kevin Cruickshank

 Peel Hunt LLP (Joint Broker)                                  020 7418 8900
 Mike Burke / Ed Allsopp

 FTI Consulting (Financial PR)                                 020 3727 1000
 Alex Beagley / Tom Hufton / Rafaella de Freitas / Amy Goldup  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: 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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