RNS Number : 1702F
Renold PLC
28 October 2025
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
28 October 2025
Renold plc ("Renold")
Director / PDMR Shareholding
The following PDMRs (including certain directors) have exercised options to acquire ordinary shares of 5 pence each in Renold granted pursuant to the Renold plc 2013 Performance Share Plan, effective from 27 October 2025.
On 28 October 2025, in accordance with the announcement by the board of Renold on 27 October 2025, Renold allotted 1,392,251 new ordinary shares of 5 pence each in Renold to the trustee of the Renold plc Employee Benefit Trust, a trust established for the benefit of employees of Renold, in order to satisfy the exercise of share options and vesting of share awards held by employees (including certain PDMRs).
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Robert Purcell
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
Renold plc
b)
LEI
213800LNDGJY65SP6P54
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
Identification code
ISIN: GB0007325078
b)
Nature of the transaction
Exercise of options to acquire Ordinary Shares in Renold Plc granted pursuant to the Renold plc 2013 Performance Share Plan
c)
Price(s) and volume(s)
Exercise Price
Volume
Nil
12,164,467
d)
Aggregated information
- Aggregated volume
12,164,467 Ordinary Shares
- Price
Nil
e)
Date of the transaction
27 October 2025
f)
Place of the transaction
Outside of a trading platform
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jim Haughey
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
Renold plc
b)
LEI
213800LNDGJY65SP6P54
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
Identification code
ISIN: GB0007325078
b)
Nature of the transaction
Exercise of options to acquire Ordinary Shares in Renold Plc granted pursuant to the Renold plc 2013 Performance Share Plan
c)
Price(s) and volume(s)
Exercise Price
Volume
Nil
3,332,846
d)
Aggregated information
- Aggregated volume
3,332,846 Ordinary Shares
- Price
Nil
e)
Date of the transaction
27 October 2025
f)
Place of the transaction
Outside of a trading platform
Enquiries:
ENQUIRIES:
Renold plc
IFC Advisory Limited
Robert Purcell, Chief Executive
Tim Metcalfe
Jim Haughey, Group Finance Director
Graham Herring
renold@investor-focus.co.uk
0161 498 4500
020 3934 6630
Nominated Adviser and Joint Broker
Joint Broker
Peel Hunt LLP
Cavendish Capital Markets Limited
Mike Bell
Ed Frisby (Corporate Finance)
Ed Allsopp
Andrew Burdis / Harriet Ward (ECM)
020 7418 8900
020 7220 0500
NOTES FOR EDITORS
Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, metals and mining.
Further information about Renold can be found on our website at: www.renold.com
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