18
December 2024
Renew Holdings
plc
("Renew" or the
"Group")
Director
Dealing
Renew (AIM: RNWH), the leading
Engineering Services Group supporting the maintenance and renewal
of UK infrastructure, announces that a total of 18,496 ordinary
shares of 10p each in the Company ("Ordinary Shares") have been
issued and allotted to satisfy the Company's obligations under the
Long-Term Incentive Plan ("LTIP") and Executive Incentive Scheme
("EIS") on 17 December 2024. 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 6,718 Ordinary Shares, Sean Wyndham-Quin, Chief Financial
Officer was issued 5,142 Ordinary Shares and Andries Liebenberg,
Executive Director was issued 4,884 Ordinary Shares.
Application has been made to the
London Stock Exchange for the admission of 18,496 new Ordinary
Shares that were exercised under the LTIP to trading on AIM.
Admission is expected to take place at 8.00am on 23 December 2024
and dealings in the placing shares will commence at that time. The
Company's total issued share capital immediately following
admission will consist of 79,156,691 Ordinary Shares with one
voting right per share. The above figure of 79,156,691 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 239,650 shares
representing 0.30% of the issued share capital, My Wyndham-Quin's
shareholding has increased to 137,674 representing 0.17% of the
issued share capital and Mr Liebenberg's shareholding has increased
to 54,365 shares representing 0.07% of the issued share
capital.
Following the exercise set out
above, there are a further 613,539 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.
For further information, please
contact: 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
|
|
|
|
|
Deutsche Numis (Nominated Adviser and Joint
Broker)
|
020 7260
1000
|
|
Stuart Skinner / Kevin Cruickshank /
Will Wickham
|
|
|
|
|
|
Peel
Hunt LLP (Joint Broker)
|
020 7418
8900
|
|
Ed Allsopp / Pete Mackie / Charlotte
Sutcliffe
|
|
|
|
|
|
FTI
Consulting (Financial PR)
|
020 3727
1000
|
|
Alex Beagley / Tom Hufton / Amy
Goldup / Matthew Young
|
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 on
Engineering Services in the key markets of Rail, Infrastructure,
Energy (including Wind and Nuclear) and Environmental which are
largely governed by regulation and benefit from non-discretionary
spend with long-term visibility of committed funding.
For more information please visit
the Renew Holdings plc website: www.renewholdings.com
The information set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
1.
P. Scott
2.
S. Wyndham-Quin
3.
A. Liebenberg
|
|
2
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Reason for the notification
|
|
a)
|
Position/status
|
1.
Chief Executive Officer
2.
Chief Financial Officer
3.
Executive Director
|
|
b)
|
Initial notification
/Amendment
|
Initial Announcement
|
|
3
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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 10 pence each
|
|
|
|
|
Identification code
|
ISIN: GB0005359004
|
|
|
|
|
b)
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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)
|
|
|
|
|
|
|
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Price(s)
|
Volume(s)
|
|
|
|
|
Nominal Cost
|
1. 6,718
2. 5,142
3. 4,884
|
|
|
|
|
|
|
|
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d)
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Aggregated information
|
|
|
|
|
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- Aggregated volume
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16,744
|
|
|
|
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- Price
|
Nominal Cost
|
|
|
|
|
e)
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Date of the transaction
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17 December 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading
venue
|
