RENEW HOLDINGS PLC RNS Number : 9662B
Renew Holdings PLC
05 February 2020
Renew Holdings plc
("Renew" or the "Company")
Issue of Equity & Exercise of LTIPs
Renew (AIM: RNWH), the Engineering Services Group suppor ng UK infrastructure, announces that a total of 67,936 op ons to acquire ordinary shares of 10p each in the Company ("Ordinary Shares") pursuant to the Company's Long-Term Incen ve Plan ("LTIP") were exercised on 4 February 2020. On the same day, Paul Sco and Andries Liebenberg, sold 17,151 and 12,704 of these shares respectively at an average price of 510p per share to satisfy income tax and national insurance liabilities.
Following the exercise and sale set out above, Mr Sco 's shareholding has increased to 74,739 shares represen ng 0.095% of the issued share capital and Mr Liebenberg's shareholding has increased to 55,025 shares represen ng 0.070 % of the issued share capital.
Following this exercise, there are a further 565,126 op ons outstanding under the Company's Long-Term Incen ve Plan all of which are subject to performance criteria and none of which have yet vested.
Applica on has been made to the London Stock Exchange for the admission of 67,936 new Ordinary Shares that were exercised under the LTIP to trading on AIM. Admission is expected to take place at 8.00am on 11 February 2020 and dealings in the placing shares will commence at that me. The Company's total issued share capital immediately following admission will consist of 78,555,054 Ordinary Shares with one vo ng right per share. The above figure of 78,555,054 Ordinary Shares may be used by shareholders as the denominator for the calcula ons 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.
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 financial | Ordinary shares of 10p each. | ||||
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 | 39,028 | |||||
d) | Aggregated information | Single transaction | ||||
- Aggregated volume | ||||||
- Price | ||||||
e) | Date of the transaction | 4 February 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 financial | Ordinary shares of 10p each. |
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 510 | 17,151 | ||||
d) | Aggregated information | Single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 4 February 2020 | |||
f) | Place of the transaction | XLON | |||
- 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 financial | Ordinary shares of 10p each. | ||||
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 | 28,908 | ||||
d) | Aggregated information | Single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 4 February 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 | ||
- 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 | Ordinary shares of 10p each. | ||||
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 510 | 12,704 | |||||
d) | Aggregated information | Single transaction | ||||
- Aggregated volume | ||||||
- Price | ||||||
e) Date of the transaction | 4 February 2020 |
f) Place of the transaction | XLON |
Enquiries: | |
Renew Holdings plc | Tel: 0113 281 4200 |
Paul Scott, CEO | |
Sean Wyndham-Quin, CFO | |
Numis Securities Limited | Tel: 020 7260 1000 |
Stuart Skinner/ Kevin Cruickshank | |
Walbrook PR | Tel: 020 7933 8780 or renew@walbrookpr.com |
Paul McManus | Mob: 07980 541 893 |
Lianne Cawthorne | Mob: 07584 391 303 |
Nick Rome | Mob: 07748 325 236 |
About Renew Holdings plc
Engineering Services, which accounts for over 90% of Group revenue and over 95% of opera ng profit, focuses on the key markets of Infrastructure, Energy (including Nuclear) and Environmental, which are largely governed by regula on 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.
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Renew Holdings plc published this content on 05 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2020 11:00:05 UTC
