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REG - Renold PLC - Director/PDMR Shareholding

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RNS Number : 9590Y  Renold PLC  09 September 2022

09 September 2022

 

Renold plc

("Renold", or the "Company")

Director/PDMR Shareholding

 

 

Renold plc, a leading international supplier of industrial chains and related
power transmission products, announces that it has been notified that Victoria
Potter, Non-Executive-Director, has purchased 45,000 ordinary shares of 5
pence each in the Company ("Ordinary Shares").

 

Following this transaction, Mrs Potter's beneficial interest in Ordinary
Shares is 45,000 Ordinary Shares, representing approximately 0.02 per cent. of
the Company's issued share capital.

 

 

ENQUIRIES:

 

 Renold plc                           IFC Advisory Limited
 Andrew Batchelor, Company Secretary  Tim Metcalfe
                                      Graham Herring
                                      renold@investor-focus.co.uk (mailto:renold@investor-focus.co.uk)
 0161 498 4500                        020 3934 6630

 Nominated Adviser and Joint Broker   Joint Broker
 Peel Hunt LLP                        FinnCap Limited
 Mike Bell                            Ed Frisby / Tim Harper (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 well-deserved reputation for quality that is
recognised worldwide. Its products are used in a wide variety of industries
including manufacturing, transportation, energy, steel and mining.

 

Further information about Renold can be found on the website at:
www.renold.com (http://www.renold.com)

 

 

 

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                                                         Victoria Potter
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Director
 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 of 5 pence each

      Identification code                                          ISIN: GB0007325078
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     24.19 pence       45,000

 d)   Aggregated information

      - Aggregated volume                                          45,000

      - Price                                                      24.19 pence (average)

 e)   Date of the transaction                                      08 September 2022

 f)   Place of the transaction                                     London Stock Exchange

 

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