DJ Renewi plc: Director/PDMR Shareholding
Renewi plc (RWI)
Renewi plc: Director/PDMR Shareholding
25-Jun-2024 / 15:00 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 GBP1 each in the share capital of the Company ("Shares").
Vesting of Awards under the Deferred Annual Bonus Scheme ("DAB")
2020 DAB
On 24 June 2024, 16,271 Shares under the 2020 DAB Award vested to Otto de Bont, Chief Executive Officer of Renewi plc.
Mr de Bont elected to sell 8,216 Shares to satisfy his associated withholding tax and social security liabilities, and
retained the balance of 8,055 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
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
Description of the financial
instrument, type of
instrument
a) Ordinary shares of GBP1 each
Identification code
GB00BNR4T868
Nature of the transaction
b) Vesting of second tranche of 2020 DAB Award under the Renewi plc Deferred
Annual Bonus Scheme and sale of sufficient shares for tax and social
security liabilities
Shares Shares
Price(s) and volume(s) Price(s) Volume(s)
c)
GBPNIL 16,271
GBP6.911 8,216
Aggregated information
d) 8,216
- Aggregated volume
GBP6.911 per share
- Price
e) Date of the transaction
24 June 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: www.renewi.com
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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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.: 329891 EQS News ID: 1932051 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
June 25, 2024 10:00 ET (14:00 GMT)
