TIDMRNWH
RNS Number : 7478I
Renew Holdings PLC
15 December 2020
15 December 2020
Renew Holdings plc
("Renew" or the "Group")
Issue of Equity & Exercise of LTIPs
Renew (AIM: RNWH), the leading Engineering Services Group
supporting UK infrastructure, announces that a total of 126,280
options to acquire ordinary shares of 10p each in the Company
("Ordinary Shares") pursuant to the Company's Long-Term Incentive
Plan ("LTIP") were exercised on 14 December 2020. On the same day,
Paul Scott, Sean Wyndham-Quin and Andries Liebenberg, sold 23,994,
17,814 and 17,814 of these shares respectively at an average price
of 500p per share to satisfy income tax and national insurance
liabilities.
Following the exercise and sale set out above, Mr Scott's
shareholding has increased to 101,565 shares representing 0.129% of
the issued share capital, Mr Wyndham-Quin's shareholding has
increased to 33,909 representing 0.043% of the issued share capital
and Mr Liebenberg's shareholding has increased to 74,941 shares
representing 0.095 % of the issued share capital.
Following this exercise, there are a further 618,696 options
outstanding under the Company's Long-Term Incentive Plan all of
which are subject to performance criteria and none of which have
yet vested.
Application will shortly be made to the London Stock Exchange
for the admission of 126,280 new Ordinary Shares that were
exercised under the LTIP to trading on AIM. Admission is expected
to take place at 8.00am on 21 December 2020 and dealings in the
placing shares will commence at that time. The Company's total
issued share capital immediately following admission will consist
of 78,681,334 Ordinary Shares with one voting right per share. The
above figure of 78,681,334 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
.
For further information, please contact:
Renew Holdings plc www.renewholdings.com
Paul Scott, Chief Executive Officer via FTI Consulting
Sean Wyndham-Quin, Chief Financial 020 3727 1000
Officer
Numis Securities Limited (Nominated
Adviser)
Stuart Skinner/ Kevin Cruickshank 020 7260 1000
FTI Consulting (Financial PR) 020 3727 1000
Alex Beagley / James Styles Renew@fticonsulting.com
About Renew Holdings plc
Renew Holdings Group plc 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 90 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
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 Initial Notification
/Amendment
------------------------------------ ----------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan.
------------------------------------ ----------------------------------------------------------
c) Price(s) and volume(s)
------------------------------- ----------------------
Price(s) Volume(s)
------------------------------- ----------------------
Nominal cost 5 0,820
------------------------------------------------------------------------- ----------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
------------------------------------ ----------------------------------------------------------
f) Place of the transaction XLON
------------------------------------ ----------------------------------------------------------
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 Initial Notification
/Amendment
--------------------------------------- ------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Sale of ordinary shares of 10p each
--------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------
Price(s) Volume(s)
------------------- ------------------
GBP 500 2 3,994
---------------------------------------------------------------- ------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
--------------------------------------- ------------------------------------------
f) Place of the transaction XLON
--------------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
S ean Wyndham-Quin
------------------------------------ ----------------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------------ ----------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ ----------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan.
------------------------------------ ----------------------------------------------------------
c) Price(s) and volume(s)
------------------------------- ----------------------
Price(s) Volume(s)
------------------------------- ----------------------
Nominal cost 37,730
------------------------------------------------------------------------- ----------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
------------------------------------ ----------------------------------------------------------
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 Initial Notification
/Amendment
----------------------------------- ---------------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Sale of ordinary shares of 10p each
----------------------------------- ---------------------------------------------------------------
c) Price(s) and volume(s)
--------------- ----------
Price(s) Volume(s)
--------------- ----------
GBP 500 17,814
--------------- ----------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
----------------------------------- ---------------------------------------------------------------
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 Initial Notification
/Amendment
----------------------------------- ----------------------------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Exercise of nominal-cost options to
acquire ordinary shares of 10p each
under the Company's Long-Term Incentive
Plan.
----------------------------------- ----------------------------------------------------------------
c) Price(s) and volume(s)
-------------- ----------
Price(s) Volume(s)
-------------- ----------
Nominal cost 3 7,730
------------------- ----------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
----------------------------------- ----------------------------------------------------------------
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 Initial Notification
/Amendment
--------------------------------------- ------------------------------------------
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 Ordinary shares of 10p each.
financial instrument,
type of instrument
Identification code GB0005359004
b) Nature of the transaction Sale of ordinary shares of 10p each
--------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------
Price(s) Volume(s)
------------------- ------------------
GBP 500 17,814
---------------------------------------------------------------- ------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 December 2020
--------------------------------------- ------------------------------------------
f) Place of the transaction XLON
--------------------------------------- ------------------------------------------
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END
IOEFFWFLIESSESE
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December 15, 2020 09:09 ET (14:09 GMT)
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