RENOLD PLC

Delisting Announcement • May 8, 2019

National Storage Mechanism | Additional information

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RNS Number : 3999Y

Renold PLC

08 May 2019

Renold plc

("Renold", "the Company" or "the Group")

Result of General Meeting

8 May 2019

Renold, a leading international supplier of industrial chains and related power transmission products, today announces that, at the General Meeting held earlier today, the two special resolutions put to the meeting were passed.

The result of the poll in relation to the resolutions was as follows:

Resolution	For	%	Against	%	Votes Total	% of issued share capital voted	Withheld
1.To amend the borrowing powers in the articles of association of the Company	148,018,277	99.90	143,202	0.10	148,161,479	65.73	6,611
2.To authorise the cancellation of the listing of the ordinary shares and the preference stock on the Main Market and to authorise the admission of the ordinary shares and preference stock to trading on AIM	148,002,968	99.89	160,607	0.11	148,163,575	65.73	4,515

Note -

A vote "Withheld" is not a vote in law and is not counted towards the votes cast "For" or "Against" a resolution.

In accordance with Listing Rule 9.6.2R, a copy of the special resolutions passed at the General Meeting will be submitted to the National Storage Mechanism where they will shortly be available at www.morningstar.co.uk/uk/nsm.

Following the passing of the resolution to approve the transfer to AIM, the Company expects to make an application to cancel the listing of the Ordinary Shares and Preference Stock on the Main Market ("Cancellation") and seek admission of the Ordinary Shares and Preference Stock to trading on AIM ("Admission"). The Cancellation is expected to become effective at 8.00 a.m. on 6 June 2019 and Admission is expected to become effective at 8.00 a.m. on the same date, 6 June 2019.

Unless otherwise defined herein, capitalised terms in this announcement have the same meaning as in the shareholder circular published on 11 April 2019 available on the Company's website at www.renold.com.

ENQUIRIES:

Renold plc	0161 498 4500
Robert Purcell, Chief Executive
Ian Scapens, Group Finance Director
Peel Hunt LLP	020 7418 8900
Mike Bell Ross Allister
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

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.

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