Grant of Options

RNS Number : 5279T

Renold PLC

29 September 2010

 



Renold plc

("Renold" or the "Company")                       

Grant of Options

The Company wishes to announce the following grants of options (Options) on 27 September 2010 in Renold's ordinary shares of 5p each (Shares) in accordance with the rules of The Renold plc 2004 Non Inland Revenue Approved Company Share Option Plan:

Brian Tenner (Finance Director):       678,898 Shares

The Options have been issued with an exercise price of 27.25p per Share and no consideration was paid for the grant of the Options.

Following the issue of the Options, Mr Tenner holds the following share options:

No. of share options held	Exercise price (pence)	Date exercisable from	Exercisable until
678,898	27.25	27 September 2013	26 September 2020

29 September 2010

ENQUIRIES:

Renold plc	0161 498 4500
Bob Davies, Chief Executive
College Hill	020 7457 2020
Adam Aljewicz

Notes to Editors:

Renold is a global leader in the manufacture of industrial chains and a wide range of precision engineering products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. Its products are used in a wide variety of industries including transportation, energy, steel, manufacturing and mining.

The Company has a well deserved reputation for quality that is recognized worldwide.

For more information on Renold, visit www.renold.com

 

END

 

 

RDSBXGDCISDBGGC