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RENOLD PLC

Director's Dealing Sep 22, 2020

7879_dirs_2020-09-22_3759445b-b5b5-4928-b311-e30ca9a349fc.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 7664Z

Renold PLC

22 September 2020

Renold plc

("Renold" or the "Group")

Director/PDMR Shareholdings

22 September 2020

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Robert Purcell, Chief Executive, has purchased 390,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), 90,000 of which were purchased in his wife's name.

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

No. of Ordinary Shares Percentage of issued Ordinary Share capital
Robert Purcell 4,743,789 2.10%

ENQUIRIES:

Renold plc 0161 498 4500
Robert Purcell, Chief Executive
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 Robert Purcell
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 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)
9.60p 30,000
9.60p 100,000
9.43p 30,000
9.43p 25,000
9.43p 10,000
9.43p 25,000
9.43p 30,000
9.50p 50,000
d) Aggregated information
- Aggregated volume 300,000
- Price 9.51 pence (average)
e) Date of the transaction 18 September 2020
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Anna Purcell
2 Reason for the notification
a) Position/status PCA of 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)
9.44p 30,000
9.44p 30,000
9.43p 30,000
d) Aggregated information
- Aggregated volume 90,000
- Price 9.44 pence (average)
e) Date of the transaction 18 September 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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