Business
Director/PDMR Shareholding - Exercise of LTIPS
Director/PDMR Shareholding - Exercise of LTIPS.
About this update from Renew Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 3999B Renew Holdings PLC 09 January 2018 \n\n \nRenew Holdings plc\n(\"Renew\" or the \"Company\")\n \nDirector/PDMR Shareholding - Exercise of LTIPS\n \nRenew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that a total of 107,136 options (\"LTIP options\") to acquire ordinary shares of 10p each pursuant to the Company's Long Term Incentive Plan have been exercised on 8 January 2018. On 9 January 2018, Paul Scott and Andries Liebenberg, directors, sold 18,081 and 13,614 of these shares respectively at an average price of £4.44 per share. Mr Scott's shareholding has increased to 22,000 shares representing 0. 04% of the issued share capital and Mr Liebenberg's has increased to 12,000 shares representing 0.02 % of the issued share capital.\n \nFollowing this exercise, there are a further 530,800 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. \n \n \n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\n \n Paul Scott\n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n \n\n\nChief Executive\n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n \n\n\nInitial Notification\n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nRenew Holdings plc\n\n\n\n\nb) \n \n\n\nLEI \n \n \n\n\n213800O3DC3V4WYA2E09\n \n\n\n\n\n4 \n \n\n\nDetails 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 \n \n \n\n\n\n\na) \n \n\n\nDescription of the financial instrument, type of instrument \n\n\nOrdinary shares of 10p each.\n\n\n\n\n\n\n\n\n\n\n\n\nIdentification code \n\n\nGB0005359004\n\n\n\n\n\n\n\n\n\n\n\n\nb) \n \n\n\nNature of the transacti...