Sale of treasury shares

RNS Number : 3770A

Impax Environmental Markets PLC

20 January 2020

 

Impax Environmental Markets plc

LEI: 213800RAR6ZDJLZDND86

20 January 2020

Sale of treasury shares

The Board announces that Impax Environmental Markets plc (the "Company") has today made two sales of 380,000 ordinary shares of 10p nominal value from treasury at a price of 337.00p per share and 400,000 ordinary shares of 10p nominal value from treasury at a price of 336.5p per share. Shares sold today amount to 780,000 ordinary shares of 10p nominal value.  Both transactions represent a premium to the prevailing net asset value.

Following this sale, the Company's issued share capital will consist of 225,737,355 ordinary shares, including 14,618,109 ordinary shares held in treasury. Each ordinary share entitles the holder to one vote. Ordinary shares held in treasury do not carry voting rights.

The total number of ordinary shares with voting rights in the Company is 211,119,246. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. For the purposes of the FCA's Disclosure Guidance and Transparency Rules, the Company's Home Member State is the United Kingdom.

Enquiries:

Dominic Waters

Investec Bank plc                                                             020 7597 4000

Broker

Maria Matheou

PraxisIFM Fund Services (UK) Limited                         020 7653 9690

Company Secretary and Administrator

 

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POSUROBRRAUAUAR