REG-Renewi plc Renewi plc: Director/PDMR shareholding

RenewiAnnouncement

27/07/2023 17:00

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   Renewi plc (RWI)
   Renewi plc: Director/PDMR shareholding

   27-Jul-2023 / 16:59 GMT/BST

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   NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
      MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

    

    

   Renewi plc (the "Company") announces the following transactions of Persons
    Discharging Managerial Responsibility ("PDMR") in ordinary shares of £1
              each in the share capital of the Company ("Shares").

    

    

   Vesting of Awards under the Long-Term Incentive Plan (“LTIP”)

    

   2020 LTIP

   On 27 July 2023, 173,560 Shares under the LTIP made as the 2020 LTIP Award
   vested to  Otto  de  Bont,  Chief Executive  Officer  of  Renewi  plc,  in
   accordance with associated performance conditions. Mr de Bont sold  85,714
   shares to satisfy  his withholding  tax and  social security  liabilities,
   retaining 87,846 Shares which are subject to a two-year holding period.

    

   Notification and public disclosure of transactions by persons discharging
      managerial responsibilities and persons closely associated with them

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name                               Otto de Bont

                                          
   2  Reason for the notification

       
   a) Position/status
                                         CEO
       
   b) Initial notification /Amendment
                                         Initial Notification
       
   3  Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
    
       
   a) Name
                                         Renewi plc
       
   b) LEI
                                         213800CNEIDZBL17KU22
       
      Details of the transaction(s): section to be repeated for (i) each type
   4  of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
    
       
      Description of the financial        
      instrument, type of instrument
   a)                                    Ordinary shares of £1 each
       
                                          
      Identification code
                                         GB00BNR4T868
       
      Nature of the transaction
   b)                                    Vesting of 173,560 Shares under the
                                         2020 LTIP Award.
    
       
                                          

      Price(s) and volume(s)             Shares   Shares
   c)
                                                   
    
                                         Price(s) Volume(s)
                                         £NIL     173,560

                                          
                                          
      Aggregated information
                                          
       
   d)                                    173,560
      - Aggregated volume
                                          
       
                                         £ NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2023
       
   f) Place of the transaction           London Stock Exchange, Main Market
                                         (XLON)
       

                                        

   Notification and public disclosure of transactions by persons discharging
      managerial responsibilities and persons closely associated with them

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name                          Otto de Bont

                                     
   2  Reason for the notification

       
   a) Position/status
                                    CEO
       
   b) Initial notification
      /Amendment                    Initial Notification
    
       
   3  Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
    
       
   a) Name
                                    Renewi plc
       
   b) LEI
                                    213800CNEIDZBL17KU22
       
      Details of the transaction(s): section to be repeated for (i) each type
   4  of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
    
       
      Description of the financial
      instrument, type of            
      instrument
   a)                               Ordinary shares of £1 each
       
                                     
      Identification code
                                    GB00BNR4T868
       
      Nature of the transaction     Sale of 85,714 shares vested under the
   b)                               Renewi plc Long Term Incentive Plan (2020
                                    grant) on 27 July 2023 to satisfy tax and
                                    social security liabilities.
       
                                     

      Price(s) and volume(s)        Shares   Shares
   c)
                                              
    
                                    Price(s) Volume(s)
                                    £5.10    85,714

                                     
                                     
      Aggregated information
                                     
       
   d)                               85,714
      - Aggregated volume
                                     
       
                                    £5.10 per share
      - Price
                                     
   e) Date of the transaction
                                    27 July 2023
       
   f) Place of the transaction
                                    London Stock Exchange, Main Market (XLON)
       

                                        

    

   About Renewi

    

   Renewi is a pure-play recycling company  with a focus on extracting  value
   from waste and used materials rather than disposal through incineration or
   landfill. The company also plays a key role in limiting resource  scarcity
   through the creation  of secondary  materials, and by  so doing  addresses
   both social and regulatory trends  and contributes to creating a  cleaner,
   greener world.

    

   Renewi’s vision  is to  be  the leading  waste-to-product company  in  the
   world’s  most  advanced  circular  economies.  With  an  industry  leading
   recycling rate  of 64%,  Renewi puts  7m tonnes  of low  carbon  secondary
   materials back into reuse.  This is a significant contribution to  climate
   change mitigation and the circular economy.  Our recycling protects virgin
   resources and avoids emissions of more than 2.5 million tonnes of CO2.

    

   Renewi, which draws on innovation and the latest technology to turn  waste
   into useful materials  - paper,  metals, plastics,  glass, wood,  building
   materials, compost and water - employs  over 6,500 people who work on  154
   operating sites  in  5 countries  across  Europe  and the  UK.  Renewi  is
   recognised as a market leader in Benelux and a European leader in advanced
   recycling.

    

   Visit our website for more information:  1 www.renewi.com.

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00BNR4T868
   Category Code:  DSH
   TIDM:           RWI
   LEI Code:       213800CNEIDZBL17KU22
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   260731
   EQS News ID:    1690387


    
   End of Announcement EQS News Service

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