TIDMRNWH

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             via FTI Consulting 
  Sean Wyndham-Quin, Chief Financial                  020 3727 1000 
  Officer 
 Numis Securities Limited (Nominated 
  Adviser & Joint Broker) 
  Stuart Skinner/ Kevin Cruickshank                   020 7260 1000 
 
  Peel Hunt LLP (Joint Broker) 
  Mike Burke / Harry Nicholas / Charles 
  Batten                                              020 7418 8900 
 FTI Consulting (Financial PR)                        020 3727 1000 
  Alex Beagley / Sam Macpherson /           Renew@fticonsulting.com 
  Rafaella de Freitas 
 
 
 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                        I ssue 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 
                                               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                        I ssue 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                  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             I ssue 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 
      ------------------------------------  ----------------------------------------------- 
 

A bout 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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END

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December 23, 2022 02:00 ET (07:00 GMT)

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