TIDMRNWH
RNS Number : 5084S
Renew Holdings PLC
10 March 2023
10 March 2023
Renew Holdings plc
("Renew" or the "Group")
Issue of Equity & Director Dealing
Renew (AIM: RNWH), the Engineering Services Group supporting UK
infrastructure, announces that a total of 265,096 ordinary shares
of 10p each in the Company ("Ordinary Shares") have been issued and
allotted to satisfy the Company's obligations under the Long-Term
Incentive Plan ("LTIP") on 9 March 2023.
Paul Scott, Chief Executive was issued 104,659 Ordinary Shares,
Sean Wyndham-Quin, Chief Financial Officer was issued 78,494
Ordinary Shares and Andries Liebenberg, Executive Director was
issued 75,136 Ordinary Shares. On the same day, Paul Scott and Sean
Wyndham-Quin sold 49,190 and 36,892 of these shares respectively at
an average price of 680p per share to satisfy income tax and
national insurance liabilities. Following the share issue and sale
set out above, Mr Scott's shareholding has increased to 232,932
Ordinary Shares representing 0.29% of the issued share capital and
Mr Wyndham-Quin's shareholding has increased to 132,532 Ordinary
Shares representing 0.17% of the issued share capital.
Andries Liebenberg sold 75,136 Ordinary Shares at an average
price of 680p per share. Following this share issue and sale, Mr
Liebenberg's shareholding remains unchanged at 49,481 Ordinary
Shares representing 0.06% of the issued share capital.
Application has been made to the London Stock Exchange for the
admission of 265,096 new Ordinary Shares to trading on AIM.
Admission is expected to take place at 8.00am on 15 March 2023. The
Company's total issued share capital immediately following
admission will consist of 79,133,889 Ordinary Shares with one
voting right per share. The above figure of 79,133,889 Ordinary
Shares may be used by shareholders as the denominator for the
calculations by which they can determine if they are required to
notify their interest in, or a change to their interest in, the
Company following admission .
Following the exercise and grant set out above, there are a
further 641,603 options outstanding under the Company's LTIP, all
of which are subject to performance criteria and none of which have
yet vested.
For further information, please contact:
Renew Holdings plc www.renewholdings.com
Paul Scott, Chief Executive Officer via FTI Consulting
Sean Wyndham-Quin, Chief Financial 020 3727 1000
Officer
Numis Securities Limited (Nominated
Adviser & Broker)
Stuart Skinner/ Kevin Cruickshank 020 7260 1000
Peel Hunt LLP (Joint Broker)
Mike Burke / Harry Nicholas / Charles
Batten 020 7418 8900
FTI Consulting (Financial PR) 020 3727 1000
Alex Beagley / Sam Macpherson / Renew@fticonsulting.com
Rafaella de Freitas
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Paul Scott
------------------------------------ ------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------------
a) Position/status Chief Executive
------------------------------------ ------------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ ------------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan [and issue of ordinary shares
of 10p each under the Company's Executive
Incentive Plan].
------------------------------------ ------------------------------------------------------------
c) Price(s) and volume(s)
-------------------------------- -----------------------
Price(s) Volume(s)
-------------------------------- -----------------------
Nominal cost 1 04,659
-------------------------------------------------------------------------- -----------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ ------------------------------------------------------------
f) Place of the transaction XLON
------------------------------------ ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Paul Scott
------------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status Chief Executive
------------------------------------ ------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ ------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
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)
---------------------- ---------------
Nominal cost 49,190
---------------------------------------------------------------- ---------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ ------------------------------------------
f) Place of the transaction XLON
------------------------------------ ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
S ean Wyndham-Quin
------------------------------------ ------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------------ ------------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ ------------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan [and issue of ordinary shares
of 10p each under the Company's Executive
Incentive Plan].
------------------------------------ ------------------------------------------------------------
c) Price(s) and volume(s)
-------------------------------- -----------------------
Price(s) Volume(s)
-------------------------------- -----------------------
Nominal cost 78,494
-------------------------------------------------------------------------- -----------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ ------------------------------------------------------------
f) Place of the transaction XLON
------------------------------------ ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
S ean Wyndham-Quin
------------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------------ ------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ ------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
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)
---------------------- ---------------
Nominal cost 36,892
---------------------------------------------------------------- ---------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ ------------------------------------------
f) Place of the transaction XLON
------------------------------------ ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andries Petrus Liebenberg
------------------------------------ -------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Director
------------------------------------ -------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ -------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan [and issue of ordinary shares
of 10p each under the Company's Executive
Incentive Plan].
------------------------------------ -------------------------------------------------
c) Price(s) and volume(s)
-------------------------- ------------------
Price(s) Volume(s)
-------------------------- ------------------
Nominal cost 75,136
-------------------------------------------------------------------- ------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ -------------------------------------------------
f) Place of the transaction XLON
------------------------------------ -------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---------------------------------------------------------------------------------------
a) Name Andries Petrus Liebenberg
------------------------------------ -------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Director
------------------------------------ -------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ -------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction S ale of ordinary shares of 10p each
------------------------------------ -------------------------------------------------
c) Price(s) and volume(s)
-------------------------- ------------------
Price(s) Volume(s)
-------------------------- ------------------
Nominal cost 75,136
-------------------------------------------------------------------- ------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 9 March 2023
------------------------------------ -------------------------------------------------
f) Place of the transaction XLON
------------------------------------ -------------------------------------------------
A bout 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.
Engineering Services, 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCNKCBKKBKBONK
(END) Dow Jones Newswires
March 10, 2023 02:00 ET (07:00 GMT)
Renew (LSE:RNWH)
Historical Stock Chart
From Dec 2024 to Jan 2025
Renew (LSE:RNWH)
Historical Stock Chart
From Jan 2024 to Jan 2025
