REG-Renewi plc Renewi plc: Director/PDMR Shareholding
25/07/2024 15:30
============
Renewi plc (RWI)
Renewi plc: Director/PDMR Shareholding
25-Jul-2024 / 15:20 GMT/BST
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Renewi plc (the "Company") announces the following transactions of Persons
Discharging Managerial Responsibility ("PDMR") in ordinary shares of £1
each in the share capital of the Company ("Shares").
Vesting of Awards under the Renewi plc 2020 Long-Term Incentive Plan
(“LTIP”) and the Renewi plc 2014 Deferred Annual Bonus Scheme (“DAB”)
2021 LTIP
On 23 July 2024, 62,314 Shares under the LTIP made as the 2021 LTIP Award
vested to Otto de Bont, Chief Executive Officer of Renewi plc, in
accordance with associated performance conditions. Mr de Bont sold 31,468
shares over 23 and 24 July to satisfy his withholding tax and social
security liabilities, retaining 30,846 Shares which are subject to a
two-year holding period.
2021 DAB
On 23 July 2024, 18,229 Shares under the DAB made as the second tranche of
the 2021 DAB Award vested to Otto de Bont, Chief Executive Officer of
Renewi plc. Mr de Bont sold 9,205 shares over 23 and 24 July to satisfy
his withholding tax and social security liabilities, retaining 9,024
Shares.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Otto de Bont
2 Reason for the notification
a) Position/status
CEO
b) Initial notification /Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Renewi plc
b) LEI
213800CNEIDZBL17KU22
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the financial
instrument, type of instrument
a) Ordinary shares of £1 each
Identification code
GB00BNR4T868
Nature of the transaction
b) Vesting of 62,314 Shares under the
Renewi plc 2020 Long-Term Incentive
Plan (2021 Award).
Price(s) and volume(s) Shares Shares
c)
Price(s) Volume(s)
£NIL 62,314
Aggregated information
d) 62,314
- Aggregated volume
£ NIL
- Price
e) Date of the transaction
23 July 2024
f) Place of the transaction London Stock Exchange, Main Market
(XLON)
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Otto de Bont
2 Reason for the notification
a) Position/status
CEO
b) Initial notification
/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Renewi plc
b) LEI
213800CNEIDZBL17KU22
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the financial
instrument, type of
instrument
a) Ordinary shares of £1 each
Identification code
GB00BNR4T868
Nature of the transaction Sale of 31,468 shares vested under the
b) Renewi plc 2020 Long Term Incentive Plan
(2021 Award) on 24 July 2024 to satisfy
tax and social security liabilities.
Shares Shares
Price(s) and volume(s)
c)
Price(s) Volume(s)
£6.594877 31,468
Aggregated information
d) 31,468
- Aggregated volume
£6.594877 per share
- Price
e) Date of the transaction
24 July 2024
f) Place of the transaction
London Stock Exchange, Main Market (XLON)
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Otto de Bont
2 Reason for the notification
a) Position/status
CEO
b) Initial notification
/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Renewi plc
b) LEI
213800CNEIDZBL17KU22
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the financial
instrument, type of
instrument
a) Ordinary shares of £1 each
Identification code
GB00BNR4T868
Nature of the transaction
b) Vesting of 18,229 Shares under the Renewi
plc 2014 Deferred Annual Bonus Scheme
(2021 Award – second tranche).
Price(s) and volume(s) Shares Shares
c)
Price(s) Volume(s)
£NIL 18,229
Aggregated information
d) 18,229
- Aggregated volume
£ NIL
- Price
e) Date of the transaction
23 July 2024
f) Place of the transaction
London Stock Exchange, Main Market (XLON)
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Otto de Bont
2 Reason for the notification
a) Position/status
CEO
b) Initial notification
/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Renewi plc
b) LEI
213800CNEIDZBL17KU22
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the financial
instrument, type of
instrument
a) Ordinary shares of £1 each
Identification code
GB00BNR4T868
Nature of the transaction Sale of 9,205 shares vested under the
b) Renewi plc 2014 Deferred Annual Bonus
Scheme (2021 Award) on 24 July 2024 to
satisfy tax and social security
liabilities.
Shares Shares
Price(s) and volume(s)
c)
Price(s) Volume(s)
£6.594883
9,205
Aggregated information
d) 9,205
- Aggregated volume
£6.594883 per share
- Price
e) Date of the transaction
24 July 2024
f) Place of the transaction
London Stock Exchange, Main Market (XLON)
About Renewi
Renewi is a pure-play recycling company that focuses on extracting value
from waste and used materials rather than disposing of them through
incineration or landfill. The company plays an important role in combating
resource scarcity by creating circular materials. In giving new life to
used materials, Renewi addresses both social and regulatory trends,
contributing to a cleaner and greener world.
Our vision is to be the leading waste-to-product company in the world's
most advanced circular economies. With a recycling rate of 63.2%, one of
the highest in Europe, Renewi puts 6.6 million tonnes of low-carbon
circular materials back into use each year. This contributes to mitigating
climate change and promotes the circular economy. Our recycling efforts
help to protect natural resources and prevent more than 2.5 million tonnes
of CO2 emissions annually.
Renewi leverages innovation and the latest technology to turn waste into
circular materials such as paper, metals, plastics, glass, wood, building
materials, compost, and water. We employ over 6,000 people across 154
operational sites in five countries in Europe. Renewi is recognised as a
leading waste-to-product company in the Benelux region and a European
leader in advanced recycling.
Visit our website for more information: 1 www.renewi.com.
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
ISIN: GB00BNR4T868
Category Code: DSH
TIDM: RWI
LEI Code: 213800CNEIDZBL17KU22
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 336590
EQS News ID: 1954475
End of Announcement EQS News Service
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References
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