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An announcement from Renew Holdings plc ( (GB:RNWH) ) is now available.
Renew Holdings plc announced the issuance of 18,496 ordinary shares to fulfill obligations under its Long-Term Incentive Plan and Executive Incentive Scheme. The shares were allocated to key executives, including CEO Paul Scott, CFO Sean Wyndham-Quin, and Executive Director Andries Liebenberg. This issuance is part of the company’s strategy to align executive interests with shareholder value. Following this issuance, the company’s total share capital will consist of 79,156,691 ordinary shares, enabling shareholders to adjust their holdings accordingly.
More about Renew Holdings plc
Renew Holdings plc is a leading UK Engineering Services business that plays a critical role in maintaining and renewing the nation’s infrastructure. The company operates through independently branded subsidiaries focusing on key markets such as Rail, Infrastructure, Energy (including Wind and Nuclear), and Environmental sectors. These markets are largely regulated and benefit from non-discretionary spending with long-term funding visibility.
YTD Price Performance: 14.99%
Average Trading Volume: 214,869
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £766.1M
For a thorough assessment of RNWH stock, go to TipRanks’ Stock Analysis page.
