Director's Dealing • Jan 9, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 3999B
Renew Holdings PLC
09 January 2018
Renew Holdings plc
("Renew" or the "Company")
Director/PDMR Shareholding - Exercise of LTIPS
Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that a total of 107,136 options ("LTIP options") to acquire ordinary shares of 10p each pursuant to the Company's Long Term Incentive Plan have been exercised on 8 January 2018. On 9 January 2018, Paul Scott and Andries Liebenberg, directors, sold 18,081 and 13,614 of these shares respectively at an average price of £4.44 per share. Mr Scott's shareholding has increased to 22,000 shares representing 0. 04% of the issued share capital and Mr Liebenberg's has increased to 12,000 shares representing 0.02 % of the issued share capital.
Following this exercise, there are a further 530,800 options outstanding under the Company's Long Term Incentive Plan all of which are subject to performance criteria and none of which have yet vested.
| 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 /Amendment | Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 10p each. | |||
| Identification code | GB0005359004 | ||||
| b) | Nature of the transaction | Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nominal cost | 24,592 | ||||
| £2.86 | 10,489 | ||||
| d) | Aggregated information | Single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 8 January 2018 | |||
| 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 /Amendment | Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 10p each. | |||
| 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) | ||||
| GBP 444 | 18,081 | ||||
| d) | Aggregated information | Single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 9 January 2018 | |||
| 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 /Amendment | Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 10p each. | |||
| Identification code | GB0005359004 | ||||
| b) | Nature of the transaction | Exercise of nominal-cost and approved options to acquire ordinary shares of 10p each under the Company's Long Term Incentive Plan. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nominal cost | 15,125 | ||||
| £2.86 | 10,489 | ||||
| d) | Aggregated information | Single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 8 January 2018 | |||
| 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 /Amendment | Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 10p each. | |||
| 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) | ||||
| GBP 444 | 13,614 | ||||
| d) | Aggregated information | Single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 9 January 2018 | |||
| f) | Place of the transaction | XLON |
Enquiries:
| Renew Holdings plc | Tel: 0113 281 4200 | |||
| Paul Scott, Chief Executive Sean Wyndham-Quin, Group Finance Director |
||||
| Numis Securities Limited | Tel: 020 7260 1000 | |||
| Stuart Skinner/ Kevin Cruickshank (Nominated Adviser) | ||||
| Michael Burke (Corporate Broker) | ||||
| Walbrook PR | Tel: 020 7933 8780 or [email protected] | |||
| Paul McManus | Mob: 07980 541 893 | |||
| Nick Rome Lianne Cawthorne |
Mob: 07748 325 236 Mob: 07584 391 303 |
|||
About Renew Holdings plc
Engineering Services, which accounts for over 80% of Group revenue and 90% of operating profit, focuses on the key markets of Energy (including Nuclear), Environmental and Infrastructure, 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 market 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 company news service from the London Stock Exchange
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