Director/PDMR Shareholding

RNS Number : 6804F

Renold PLC

19 July 2021

 

19 July 2021

Renold plc

("Renold", the "Company" or the "Group")

Director/PDMR Shareholding

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Andrew Magson, Non-Executive-Director, has purchased 50,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Following this transaction, Mr Magson's beneficial interest in Ordinary Shares is 50,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

ENQUIRIES:

Renold plc	0161 498 4500
Robert Purcell, Chief Executive
Peel Hunt LLP	020 7418 8900
Mike Bell
Ed Allsopp
IFC Advisory Limited Tim Metcalfe Greham Herring	020 3934 6630 [e-mail]

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 their 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	Andrew Magson
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)
			24.3819p	50,000
d)	Aggregated information
	- Aggregated volume	50,000
	- Price	24.3819 pence (average)
e)	Date of the transaction	16 July 2021
f)	Place of the transaction	London Stock Exchange

 

END

 

 

DSHBGGDRDDBDGBC