21 September 2022
Renew Holdings plc
("Renew" or the "Group")
Director/PDMR shareholding
Renew (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announces that Mrs Dina Dasani, wife of Shatish Dasani, a Non-Executive Director of Renew, has notified the Company that earlier today she purchased 4,000 ordinary shares of 10p each in the Company at a price of 664p per share.
As a result, Shatish Dasani, and connected parties, resultant holding in the Group is 19,000 shares representing 0.024% of the issued share capital.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Dina Dasani | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Person closely associated with Shatish Dasani, Non-Executive 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
| Purchase of ordinary shares of 10p each. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 664.0p | 4,000 | | |
| | | | | | |
| d)
| Aggregated information | Not applicable, single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 21 September 2022 | |||
| f)
| Place of the transaction
| London | |||
For further information, please contact:
| Renew Holdings plc | www.renewholdings.com |
| Paul Scott, Chief Executive Officer | via FTI Consulting |
| Sean Wyndham-Quin, Chief Financial Officer | 020 3727 1000 |
| | |
| Numis Securities Limited (Nominated Adviser and Joint Broker) | 020 7260 1000 |
| Stuart Skinner / Kevin Cruickshank | |
|
| |
| Peel Hunt LLP (Joint Broker) | 020 7418 8900 |
| Mike Burke / Harry Nicholas / Charles Batten | |
|
| |
| FTI Consulting (Financial PR) | 020 3727 1000 |
| Alex Beagley / Sam Macpherson / Rafaella de Freitas | Renew@fticonsulting.com
|
About Renew Holdings plc
Renew is a leading UK Engineering Services business, performing a critical role in keeping the nation's infrastructure functioning efficiently and safely. The Group operates through independently branded subsidiaries across its chosen markets, delivering non-discretionary maintenance and renewal tasks through its highly skilled, directly employed workforce.
Renew's activities are focused into two business streams: Specialist Engineering, which accounts for over 95 per cent of the Group's adjusted operating profit, focuses on the key markets of Rail, Infrastructure, Energy (including Nuclear) and Environmental 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 and Science markets in London and the Home Counties.
For more information please visit the Renew Holdings plc website: www.renewholdings.com
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