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RENOLD PLC

Director's Dealing Mar 2, 2020

7879_dirs_2020-03-02_765868ce-d101-45c2-ac27-8ede02b16ea8.html

Director's Dealing

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RNS Number : 7263E

Renold PLC

02 March 2020

Renold plc

("Renold" or the "Group")

Director/PDMR Shareholdings

2 March 2020

Renold plc ("Renold" or "the Group"), a leading international supplier of industrial chains and related power transmission products, announces that it has been notified of the following transactions in ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Mark Harper, Non-Executive-Chairman, purchased 350,000 Ordinary Shares in the Company, at an average price of 11.24 pence per share.

Ian Scapens, Group Finance Director, purchased 42,372 Ordinary Shares in the Company, at an average price of 11.80 pence per share.

Following these transactions, Mr Harper and Mr Scapens respective beneficial interest in Ordinary Shares, including the beneficial holdings of persons closely associated with them, are as follows:

No. of Ordinary Shares Percentage of issued Ordinary Share capital
Mark Harper 1,056,449 0.47%
Ian Scapens 231,952 0.10%

ENQUIRIES:

Renold plc 0161 498 4500
Robert Purcell, Chief Executive
Ian Scapens, Group Finance Director
Peel Hunt LLP 020 7418 8900
Mike Bell
Ed Allsopp
Instinctif Partners 020 7457 2020
Mark Garraway
Rosie Driscoll

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 the 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 Mark Harper
2 Reason for the notification
a) Position/status Non-Executive Chairman-PDMR
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)
11.69p 50,000
11.46p 50,000
11.41p 100,000
10.93p 50,000
10.88p 100,000
d) Aggregated information
- Aggregated volume 350,000
- Price 11.24p (average)
e) Date of the transaction 28 February 2020
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Ian Scapens
2 Reason for the notification
a) Position/status Group Finance Director-PDMR
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)
11.80p 42,372
d) Aggregated information
- Aggregated volume 42,372
- Price 11.80p (average)
e) Date of the transaction 2 March 2020
f) Place of the transaction London Stock Exchange

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 [email protected] or visit www.rns.com.

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