Remuneration Information • Jun 23, 2023
Remuneration Information
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Released : 22 Jun 2023 11:00:00
Renewi plc (RWI) Renewi plc: Director/PDMR shareholding
22-Jun-2023 / 11:00 GMT/BST
Renewi plc (the "Company") announces the following transactions of Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of £1 each in the share capital of the Company ("Shares").
On 22 June 2023, 32,543 Shares under the 2020 DAB Award vested to Otto de Bont, Chief Executive Officer of Renewi plc. Mr de Bont elected to retain all of his Shares, satisfying his associated withholding tax and social security liabilities through direct payments to the Company.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated |
|||
|---|---|---|---|---|
| a) | Name | Otto de Bont | ||
| 2 | Reason for the notification | |||
| a) | Position/status | CEO | ||
| b) | Initial notification /Amendment | Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
| a) | Name | Renewi plc | ||
| b) | LEI | 213800CNEIDZBL17KU22 | ||
| 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 £1 each | |||
| Identification code | GB00BNR4T868 | |||
| b) | Nature of the transaction | Vesting of first tranche of 2020 DAB Award under the |
| Renewi plc Deferred Annual Bonus Scheme | ||||
|---|---|---|---|---|
| c) | Price(s) and volume(s) | Shares | Shares | |
| Price(s) | Volume(s) | |||
| £NIL | 32,543 | |||
| d) | Aggregated information | |||
| - Aggregated volume | 32,543 | |||
| - Price | £NIL | |||
| e) | Date of the transaction | 22 June 2023 | ||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Renewi is a pure-play recycling company with a focus on extracting value from waste and used materials rather than disposal through incineration or landfill. The company also plays a key role in limiting resource scarcity through the creation of secondary materials, and by so doing addresses both social and regulatory trends and contributes to creating a cleaner, greener world.
Renewi's vision is to be the leading waste-to-product company in the world's most advanced circular economies. With an industry leading recycling rate of 63.6%, Renewi puts 7m tonnes of low carbon secondary materials back into reuse. This is a significant contribution to climate change mitigation and the circular economy. Our recycling protects virgin resources and avoids emissions of 2.5 million tonnes of CO2.
Renewi, which draws on innovation and the latest technology to turn waste into useful materials - paper, metals, plastics, glass, wood, building materials, compost and water - employs over 6,500 people who work on 154 operating sites in 5 countries across Europe and the UK. Renewi is recognised as a market leader in Benelux and a European leader in advanced recycling.
Visit our website for more information: www.renewi.com
Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
ISIN: GB00BNR4T868 Category Code: DSH TIDM: RWI LEI Code: 213800CNEIDZBL17KU22 OAM Categories:3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 252794 EQS News ID: 1663245
End of AnnouncementEQS News Service
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