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REG-Renewi plc Renewi plc: Director/PDMR Shareholding

============

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

   27-Jul-2020 / 15:27 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

    

    

   Renewi Plc (the "Company")

   Long Term Incentive Plan ("LTIP") - 2020 awards and performance targets

    

   Further to  the  shareholder  consultation  earlier in  the  year  and  as
   referenced in  the Directors'  Remuneration  Report contained  within  the
   recently published  Company  Annual  Report,  the  three-year  performance
   measures and targets relating to the  Renewi plc 27 July 2020 LTIP  awards
   granted to  the  two Executive  Directors  are as  disclosed  below.   The
   targets will be measured over the three years ending 31 March 2023.

    

   Performance targets for 2020 LTIP awards for Renewi plc Executive
   Directors:

                    TSR1             ROCE           EPS       Recycling rate2
   Weighting        25%              25%            25%             25%
             Target     Vesting Target Vesting Target Vesting Target  Vesting
   Threshold Median     25%     +0.5%  25%     +5.0%  25%     67%     25%
   Max       Upper      100%    +2.0%  100%    +15%   100%    70%     100%
             quartile

    

   Notes:

    1. The peer group for the TSR performance target is the FTSE 250
       (excluding Investment Trusts).  TSR will be calculated using a
       three-month averaging period at the start and end of the performance
       period.
    2. The recycling rate is based on a three-year target based on Renewi's
       five year sustainability plan.
    3. Vesting for all targets is calculated on a straight line basis.
    4. For participants below Board level, ROCE is excluded as a performance
       measure and the weighting of the remaining three targets are 33.3%
       each.

    

   Reflecting a  lower  share  price,  award levels  for  the  two  Executive
   Directors have  been based  on  a pre  Covid-19  notional share  price  of
   34.39p, being the  3 month average  volume corrected price  in the  period
   after the  Company's  ATM  (thermal  soil  approved  for  use  in  market)
   announcement of 20 December 2019. Based  on the closing share price  prior
   to the grant date,  the number of  shares under award to  the CEO and  CFO
   equates to 106% and 88% of current base salary respectively.

    

                                        

   About Renewi

    

   Renewi is a leading waste to product  company that gives new life to  used
   materials every  day.  We  have  around 7,000  employees  working  at  162
   operating sites across Europe. Our extensive operational network means  we
   are always close to our customers.

    

   For Renewi, waste is a state of  mind, and an opportunity. Our many  years
   of knowledge  and experience,  combined with  a broad  range of  services,
   allow us  to  offer sustainable,  practical  recycling solutions.  We  use
   innovation and the latest technology  to turn waste into useful  materials
   such as paper,  metal, plastic, glass,  wood, building materials,  compost
   and energy. In  other words,  we turn  today's waste  into tomorrow's  raw
   materials.  The result  of our  work is  less waste  and contamination,  a
   smarter use of scarce raw materials, and a reduction in carbon  emissions.
   This means that we are contributing  towards a cleaner, circular world  in
   which we "waste no more".

    

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

                                        

                                        

                                        

                                        

                                        

                                        

   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     1,803,227
       
                                          

                                          

                                          
      Aggregated information              

                                          
   d)
      - Aggregated volume                1,803,227
    
                                         £NIL

      - Price                             
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

    

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name                               Toby Woolrych

                                          
   2  Reason for the notification

       
   a) Position/status
                                         CFO
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     1,262,294
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    1,262,294
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

    

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Helen Richardson
       
   2  Reason for the notification

       
   a) Position/status
                                         Group HR Director (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Patrick Deprez
       
   2  Reason for the notification

       
   a) Position/status
                                         Group Product Sales Director (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Baukje Dreimuller
       
   2  Reason for the notification

       
   a) Position/status
                                         General Counsel (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Wim Geens
       
   2  Reason for the notification

       
   a) Position/status
                                         Commercial Belgium MD (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Meinderdjan Botman
       
   2  Reason for the notification

       
   a) Position/status
                                         Commercial Netherlands MD (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         James Priestley
       
   2  Reason for the notification

       
   a) Position/status
                                         Specialities Division MD (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

    

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Bas van Ginkel
       
   2  Reason for the notification

       
   a) Position/status                    Group Strategy and Business
                                         Development Director (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

    

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Maarten Buikhuisen
       
   2  Reason for the notification

       
   a) Position/status
                                         Chief Information Officer (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

    

                                        

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Theo Olijve
       
   2  Reason for the notification

       
   a) Position/status
                                         Mineralz & Water Division MD (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     125,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    125,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

    

                                        

   1  Details of the person discharging managerial responsibilities / person
      closely associated
    
       
   a) Name
                                         Philip Griffin-Smith
       
   2  Reason for the notification

       
   a) Position/status
                                         Group Company Secretary (PDMR)
       
   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 10 pence each
       
                                          
      Identification code
                                         GB007995243
       
      Nature of the transaction
   b)                                    Grant of award under the Renewi plc
                                         Long Term Incentive Plan 2020
    
       
                                          

                                         Shares   Shares

      Price(s) and volume(s)                       
   c)
                                         Price(s) Volume(s)
                                         £NIL     75,000
       
                                          

                                          

                                          
                                          
      Aggregated information
                                          
       
   d)                                    75,000
      - Aggregated volume
                                          
       
                                         £NIL
      - Price
                                          
   e) Date of the transaction
                                         27 July 2020
       
   f) Place of the transaction
                                         Outside a trading venue
       

    

    

    

   Contact

   Tim Pratt, Assistant Company Secretary

   Company.secretary@renewiplc.com

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           GB0007995243
   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.:   78079
   EQS News ID:    1102633


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

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References

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