Director/PDMR Shareholding

RNS Number : 0769F

Renold PLC

10 July 2019

 

Renold plc

DIRECTOR'S PURCHASE OF SHARES

10 July 2019

Renold plc ("Renold" or "the Group"), a leading international supplier of industrial chains and related power transmission products, today issues the following statement.

Renold announces that Mark Harper, Non-Executive-Chairman, notified the Company on 09 July 2019 of the following purchase of ordinary shares of 5p in the Company ("Ordinary Shares").  The shares were purchased by Mandy Jane Harper, a person closely associated with Mark Harper:

	Date of purchase	No. of Ordinary Shares	Price
Mandy Jane Harper	09 July 2019	95,000	25.44p
Mandy Jane Harper	09 July 2019	3,000	25.38p

Following this purchase, Mark Harper's beneficial interest in the Ordinary Shares, including the beneficial holdings of persons closely associated with him, is as follows:

	No. of Ordinary Shares	Percentage of issued Ordinary Share capital
Mark Harper	706,449	0.31%

ENQUIRIES:

Renold plc	0161 498 4500
Robert Purcell, Chief Executive
Ian Scapens, Group Finance Director
Peel Hunt LLP	020 7418 8900
Mike Bell
Ross Allister
Ed Allsopp
Instinctif Partners	020 7457 2020
Mark Garraway
Rosie Driscoll

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	Mandy Jane Harper
2	Reason for the notification
a)	Position/status	PCA with Mark Harper (Non-Executive Chairman)
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)
			25.44p	95,000
			25.38p	3,000
d)	Aggregated information
	- Aggregated volume	98,000
	- Price	25.44p (average)
e)	Date of the transaction	9 July 2019
f)	Place of the transaction	London Stock Exchange

 

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