Director/PDMR Shareholding

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
	[e-mail]
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

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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