Renold PLC Director/PDMR Shareholding (6804F)
19 July 2021 - 8:23PM
UK Regulatory
TIDMRNO
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 020 3934 6630
Tim Metcalfe renold@investor-focus.co.uk
Greham Herring
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 Initial notification
/Amendment
--------------------------------------- -------------------------------------
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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
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
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END
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