TIDMRNO

RNS Number : 9590Y

Renold PLC

09 September 2022

09 September 2022

Renold plc

("Renold", or the "Company")

Director/PDMR Shareholding

Renold plc, a leading international supplier of industrial chains and related power transmission products, announces that it has been notified that Victoria Potter, Non-Executive-Director, has purchased 45,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Following this transaction, Mrs Potter's beneficial interest in Ordinary Shares is 45,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

ENQUIRIES:

 
 Renold plc                            IFC Advisory Limited 
 Andrew Batchelor, Company Secretary   Tim Metcalfe 
                                       Graham Herring 
                                       renold@investor-focus.co.uk 
 0161 498 4500                         020 3934 6630 
 
 Nominated Adviser and Joint Broker    Joint Broker 
 Peel Hunt LLP                         FinnCap Limited 
 Mike Bell                             Ed Frisby / Tim Harper 
                                        (Corporate Finance) 
 Ed Allsopp                            Andrew Burdis / Harriet 
                                        Ward (ECM) 
 
 020 7418 8900                         020 7220 0500

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:

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                   Victoria Potter 
      -------------------------------------  -------------------------------------- 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------- 
 a)    Position/status                        Non-Executive Director 
      -------------------------------------  -------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                   Renold plc 
      -------------------------------------  -------------------------------------- 
 b)    LEI                                    213800LNDGJY65SP6P54 
      -------------------------------------  -------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                     Ordinary shares of 5 pence each 
        financial instrument, 
        type of instrument 
       Identification code                    ISIN: GB0007325078 
      -------------------------------------  -------------------------------------- 
 b)    Nature of the transaction              Purchase of Ordinary Shares 
      -------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                              -------------------  -------------- 
                                               Price(s)             Volume(s) 
                                              -------------------  -------------- 
    24.19 pence                                                     45,000 
   --------------------------------------------------------------  -------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    45,000 
 
  - Price                                24.19 pence (average) 
 
 e)    Date of the transaction                08 September 2022 
      -------------------------------------  -------------------------------------- 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  --------------------------------------

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END

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(END) Dow Jones Newswires

September 09, 2022 06:37 ET (10:37 GMT)

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