RNS Number : 6610K
Renew Holdings PLC
23 December 2022
 

23 December 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 a total of 6,050 ordinary shares of 10p each in the Company ("Ordinary Shares") have been issued and allotted to satisfy the Company's obligations under the Executive Incentive Scheme ("EIS") on 22 December 2022. These shares have been issued net of any income tax and national insurance charges which will be settled through the Company's payroll.

 

Paul Scott, Chief Executive was issued 2,420 Ordinary Shares, Sean Wyndham-Quin, Chief Financial Officer was issued 1,867 Ordinary Shares and Andries Liebenberg, Executive Director was issued 1,763 Ordinary Shares.

 

Application has been made to the London Stock Exchange for the admission of 6,050 new Ordinary Shares to trading on AIM. Admission is expected to take place at 8.00am on 30 December 2022. The Company's total issued share capital immediately following admission will consist of 78,868,793 Ordinary Shares with one voting right per share. The above figure of 78,868,793 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following admission.

 

Following the share issue set out above, Mr Scott's shareholding has increased to 177,463 shares representing 0.23% of the issued share capital, My Wyndham-Quin's shareholding has increased to 90,930 representing 0.12% of the issued share capital and Mr Liebenberg's shareholding has increased to 49,481 shares representing 0.06% of the issued share capital.

 

For further information, please contact:

 

Renew Holdings plc

www.renewholdings.com

 

Paul Scott, Chief Executive Officer

Sean Wyndham-Quin, Chief Financial Officer

 

via FTI Consulting

020 3727 1000

Numis Securities Limited (Nominated Adviser & Joint Broker)

Stuart Skinner/ Kevin Cruickshank

 

Peel Hunt LLP (Joint Broker)

Mike Burke / Harry Nicholas / Charles Batten

 

020 7260 1000

 

 

 

020 7418 8900

FTI Consulting (Financial PR)

Alex Beagley / Sam Macpherson / Rafaella de Freitas

020 3727 1000

Renew@fticonsulting.com

 

 

  

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

 

 

Issue of ordinary shares of 10p each under the Company's under the Company's Executive Incentive Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nominal cost

2,420







d)

 

Aggregated information

Single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

22 December 2022

f)

 

Place of the transaction

 

 

XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Sean Wyndham-Quin

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

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

 

 

Issue of ordinary shares of 10p each under the Company's under the Company's Executive Incentive Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nominal cost

1,867







d)

 

Aggregated information

Single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

22 December 2022

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

 

 

Issue of ordinary shares of 10p each under the Company's under the Company's Executive Incentive Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nominal cost

1,763







d)

 

Aggregated information

Single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

22 December 2022

f)

 

Place of the transaction

 

 

XLON

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: Engineering Services, 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, Landmark 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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