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RNWH Renew Holdings Plc

940.00
-4.00 (-0.42%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Renew Holdings Plc LSE:RNWH London Ordinary Share GB0005359004 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.42% 940.00 940.00 944.00 946.00 935.00 940.00 293,908 16:29:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contractor-oth Residentl 921.55M 43.38M 0.5482 17.15 743.86M

Renew Holdings PLC Issue of Equity & Director Dealing (5084S)

10/03/2023 7:00am

UK Regulatory


Renew (LSE:RNWH)
Historical Stock Chart


From Apr 2022 to Apr 2024

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TIDMRNWH

RNS Number : 5084S

Renew Holdings PLC

10 March 2023

10 March 2023

Renew Holdings plc

("Renew" or the "Group")

Issue of Equity & Director Dealing

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that a total of 265,096 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") on 9 March 2023.

Paul Scott, Chief Executive was issued 104,659 Ordinary Shares, Sean Wyndham-Quin, Chief Financial Officer was issued 78,494 Ordinary Shares and Andries Liebenberg, Executive Director was issued 75,136 Ordinary Shares. On the same day, Paul Scott and Sean Wyndham-Quin sold 49,190 and 36,892 of these shares respectively at an average price of 680p per share to satisfy income tax and national insurance liabilities. Following the share issue and sale set out above, Mr Scott's shareholding has increased to 232,932 Ordinary Shares representing 0.29% of the issued share capital and Mr Wyndham-Quin's shareholding has increased to 132,532 Ordinary Shares representing 0.17% of the issued share capital.

Andries Liebenberg sold 75,136 Ordinary Shares at an average price of 680p per share. Following this share issue and sale, Mr Liebenberg's shareholding remains unchanged at 49,481 Ordinary Shares representing 0.06% of the issued share capital.

Application has been made to the London Stock Exchange for the admission of 265,096 new Ordinary Shares to trading on AIM. Admission is expected to take place at 8.00am on 15 March 2023. The Company's total issued share capital immediately following admission will consist of 79,133,889 Ordinary Shares with one voting right per share. The above figure of 79,133,889 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 exercise and grant set out above, there are a further 641,603 options outstanding under the Company's LTIP, all of which are subject to performance criteria and none of which have yet vested.

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 & 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                        Exercise of nominal-cost options to 
                                                         acquire ordinary shares of 10p each 
                                                         under the Company's Long-Term Incentive 
                                                         Plan [and issue of ordinary shares 
                                                         of 10p each under the Company's Executive 
                                                         Incentive Plan]. 
      ------------------------------------  ------------------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                             --------------------------------  ----------------------- 
                                              Price(s)                          Volume(s) 
                                             --------------------------------  ----------------------- 
    Nominal cost                                                                1 04,659 
   --------------------------------------------------------------------------  ----------------------- 
 
 d)    Aggregated information                Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------------------------ 
 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) 
                                             ----------------------  --------------- 
    Nominal cost                                                      49,190 
   ----------------------------------------------------------------  --------------- 
 
 d)    Aggregated information                Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------ 
 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 [and issue of ordinary shares 
                                                         of 10p each under the Company's Executive 
                                                         Incentive Plan]. 
      ------------------------------------  ------------------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                             --------------------------------  ----------------------- 
                                              Price(s)                          Volume(s) 
                                             --------------------------------  ----------------------- 
    Nominal cost                                                                78,494 
   --------------------------------------------------------------------------  ----------------------- 
 
 d)    Aggregated information                Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------------------------ 
 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             Sale of ordinary shares of 10p each 
      ------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                             ----------------------  --------------- 
                                              Price(s)                Volume(s) 
                                             ----------------------  --------------- 
    Nominal cost                                                      36,892 
   ----------------------------------------------------------------  --------------- 
 
 d)    Aggregated information                Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------ 
 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 [and issue of ordinary shares 
                                              of 10p each under the Company's Executive 
                                              Incentive Plan]. 
      ------------------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------------  ------------------ 
                                              Price(s)                    Volume(s) 
                                             --------------------------  ------------------ 
    Nominal cost                                                          75,136 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                Single transaction 
 
       - Aggregated volume 
 
       - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------------- 
 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             S ale of ordinary shares of 10p each 
      ------------------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------------  ------------------ 
                                              Price(s)                    Volume(s) 
                                             --------------------------  ------------------ 
    Nominal cost                                                          75,136 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               9 March 2023 
      ------------------------------------  ------------------------------------------------- 
 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 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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