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RENOLD PLC

Director's Dealing Mar 10, 2020

7879_dirs_2020-03-10_54580107-d1c7-4d5b-8c08-91d4ab167a90.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 5082F

Renold PLC

10 March 2020

Renold plc

("Renold" or the "Group")

Director/PDMR Shareholdings

10 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 transaction in ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Tim Cooper, Non-Executive-Director, purchased 43,482 Ordinary Shares in the Company, at an average price of 11.50 pence per share.

Following this transaction, Mr Cooper's beneficial interest in Ordinary Shares, including the beneficial holdings of persons closely associated with him is:

No. of Ordinary

Shares
Percentage of issued

Ordinary Share capital
Tim Cooper 43,482 0.02%

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 Tim Cooper
2 Reason for the notification
a) Position/status Non-Executive 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)
11.50p 43,482
d) Aggregated information
- Aggregated volume 43,482
- Price 11.50p (average)
e) Date of the transaction 9 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.

END

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