Renew Holdings PLC Issue of Equity & Exercise of LTIPs (9662B)
05 Febbraio 2020 - 8:00AM
UK Regulatory
TIDMRNWH
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 supporting UK
infrastructure, announces that a total of 67,936 options to acquire
ordinary shares of 10p each in the Company ("Ordinary Shares")
pursuant to the Company's Long-Term Incentive Plan ("LTIP") were
exercised on 4 February 2020. On the same day, Paul Scott 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 Scott's
shareholding has increased to 74,739 shares representing 0.095% of
the issued share capital and Mr Liebenberg's shareholding has
increased to 55,025 shares representing 0.070 % of the issued share
capital.
Following this exercise, there are a further 565,126 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.
Application 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 time. The Company's total issued share capital
immediately following admission will consist of 78,555,054 Ordinary
Shares with one voting right per share. The above figure of
78,555,054 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.
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.
------------------------------------ -----------------------------------------------------
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 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)
------------------- ------------------
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
--------------------------------------- ------------------------------------------
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.
------------------------------------ ------------------------------------------
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
--------------------------------------- ------------------------------------------
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)
------------------- ------------------
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 operating profit, focuses on the key
markets of 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
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.com or visit www.rns.com.
END
IOESSEFWLESSESE
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February 05, 2020 02:00 ET (07:00 GMT)
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