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On 27 October 2025, Renold plc's Chief Executive Robert Purcell exercised options to acquire 12,164,467 ordinary shares at Nil price, and Chief Financial Officer Jim Haughey exercised options for 3,332,846 ordinary shares at Nil price. On 28 October 2025, Renold plc allotted 1,392,251 new ordinary shares of 5 pence each to the Renold plc Employee Benefit Trust to satisfy employee share options and awards.
| Date | 28 Oct 2025 |
| Time | 16:00:00 |
| Category | Director/PDMR dealings |
| ID | 1702F |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
28 October 2025
Renold plc ("Renold")
Director / PDMR Shareholding
The following PDMRs (including certain directors) have exercised options to acquire ordinary shares of 5 pence each in Renold granted pursuant to the Renold plc 2013 Performance Share Plan, effective from 27 October 2025.
On 28 October 2025, in accordance with the announcement by the board of Renold on 27 October 2025, Renold allotted 1,392,251 new ordinary shares of 5 pence each in Renold to the trustee of the Renold plc Employee Benefit Trust, a trust established for the benefit of employees of Renold, in order to satisfy the exercise of share options and vesting of share awards held by employees (including certain PDMRs).
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Robert Purcell |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Renold plc
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b) |
LEI |
213800LNDGJY65SP6P54
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4
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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 |
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares |
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Identification code |
ISIN: GB0007325078 |
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|
b) |
Nature of the transaction |
Exercise of options to acquire Ordinary Shares in Renold Plc granted pursuant to the Renold plc 2013 Performance Share Plan |
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c)
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Price(s) and volume(s) |
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Exercise Price |
Volume |
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|
|
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Nil |
12,164,467 |
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|
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d)
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Aggregated information |
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- Aggregated volume |
12,164,467 Ordinary Shares |
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|
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- Price |
Nil |
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|
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e)
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Date of the transaction
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27 October 2025 |
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f)
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Place of the transaction
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Outside of a trading platform |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Jim Haughey |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
|
a) |
Name |
Renold plc
|
|||
|
b) |
LEI |
213800LNDGJY65SP6P54
|
|||
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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 |
|||
|
Identification code |
ISIN: GB0007325078 |
||||
|
b) |
Nature of the transaction |
Exercise of options to acquire Ordinary Shares in Renold Plc granted pursuant to the Renold plc 2013 Performance Share Plan |
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c)
|
Price(s) and volume(s) |
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Exercise Price |
Volume |
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|
Nil |
3,332,846 |
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|
|
|
|
|
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d)
|
Aggregated information |
|
|||
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|
|
||||
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- Aggregated volume |
3,332,846 Ordinary Shares |
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|
|
|
||||
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- Price |
Nil |
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|
|
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e)
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Date of the transaction
|
27 October 2025 |
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f)
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Place of the transaction
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Outside of a trading platform |
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Enquiries:
ENQUIRIES:
|
Renold plc |
IFC Advisory Limited |
|
Robert Purcell, Chief Executive |
Tim Metcalfe |
|
Jim Haughey, Group Finance Director |
Graham Herring |
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|
|
0161 498 4500 |
020 3934 6630 |
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Nominated Adviser and Joint Broker |
Joint Broker |
|
Peel Hunt LLP |
Cavendish Capital Markets Limited |
|
Mike Bell |
Ed Frisby (Corporate Finance) |
|
Ed Allsopp |
Andrew Burdis / Harriet Ward (ECM) |
|
020 7418 8900 |
020 7220 0500 |
NOTES FOR EDITORS
Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, metals and mining.
Further information about Renold can be found on our website at: www.renold.com