Director/PDMR Shareholding

RNS Number : 0991J

Renew Holdings PLC

08 December 2022

 

08 December 2022

Renew Holdings plc

("Renew" or the "Group")

Director/PDMR shareholding

Renew (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announces that Andries Liebenberg, an Executive Director of Renew, has notified the Company that earlier today, he sold 63,718 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 701p per share and 16,282 Ordinary Shares at 693p per share.

As a result, Andries Liebenberg's resultant holding in the Group is 47,718 shares representing 0.06% of the issued share capital. Following this sale, Andries Liebenberg will continue to hold more than 100% of his annual basic salary in Ordinary Shares as required by the terms of the remuneration committee.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andries Liebenberg
2	Reason for the notification
a)	Position/status	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	Renew Holdings plc
b)	LEI	213800O3DC3V4WYA2E09
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 10p each.
	Identification code	GB0005359004
b)	Nature of the transaction	Sale of ordinary shares of 10p each.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			701p	63,718
			693p	16,282
d)	Aggregated information
	- Aggregated volume	80,000
	- Price	699p
e)	Date of the transaction	8 December 2022
f)	Place of the transaction	London

For further information, please contact:

Renew Holdings plc	www.renewholdings.com
Paul Scott, Chief Executive Officer	via FTI Consulting
Sean Wyndham-Quin, Chief Financial Officer	020 3727 1000
Numis Securities Limited (Nominated Adviser and Joint Broker)	020 7260 1000
Stuart Skinner / Kevin Cruickshank
Peel Hunt LLP (Joint Broker)	020 7418 8900
Mike Burke / Harry Nicholas / Charles Batten
FTI Consulting (Financial PR)	020 3727 1000
Alex Beagley / Sam Macpherson / Rafaella de Freitas	[e-mail]

About Renew Holdings plc

Renew is a leading UK Engineering Services business, performing a critical role in keeping the nation's infrastructure functioning efficiently and safely. The Group operates through independently branded subsidiaries across its chosen markets, delivering non-discretionary maintenance and renewal tasks through its highly skilled, directly employed workforce.

Renew's activities are focused into two business streams: Specialist Engineering, which accounts for over 95 per cent of the Group's adjusted operating profit, focuses on the key markets of Rail, Infrastructure, Energy (including Nuclear) and Environmental which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.

Specialist Building focuses on the High Quality Residential and Science markets in London and the Home Counties.

For more information please visit the Renew Holdings plc website: www.renewholdings.com 

 

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