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DIRECTOR DEALINGS: Renold Finance Director Buys After Profit Warning

11th Feb 2016 11:12

LONDON (Alliance News) - Renold PLC on Thursday said Finance Director Brian Tenner bought 100,000 shares at a price of 33.25 pence per share on Wednesday.

Following this transaction, holds Tenner 558,396 shares, which represents 0.25% stake in the industrial equipment maker.

Renold on Wednesday said underlying sales and adjusted operating profit for its full financial year to the end of March will be lower than the prior year following a weak start to the second half.

The stock was up 7.7% at 35.00p Thursday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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