REG - Impax Asset Mgmnt - Distribution agreement

Impax Asset ManagementAnnouncement

14/02/2022 13:30

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RNS Number : 6212B  Impax Asset Management Group plc  14 February 2022

Impax Asset Management Group plc

 

Distribution agreement

 

Impax Asset Management Group plc (the "Company") is pleased to announce a new
client mandate that has been introduced by BNP Paribas Asset Management Japan
Limited ("BNPP AM Japan") as part of the ongoing distribution arrangement
between the Company and BNP Paribas Asset Management Holding in a number of
international markets. The introductory fee arrangements between BNPP AM Japan
and the Company are a small variation to those set out in the distribution
agreement announced by the Company on 28 October 2020, formalised by an
agreement between BNPP AM Japan and the Company's subsidiary Impax Asset
Management Limited.

 

BNPP AM Japan is an affiliate of BNP Paribas Asset Management Holding
("BNPP"). As BNPP is a substantial shareholder of the Company, as defined
under the AIM Rules, and BNPP AM Japan is an associate of BNPP, as defined
under the AIM Rules, the entry into this agreement constitutes related party
transaction under Rule 13 of the AIM Rules.

 

The independent directors of the Company, having consulted with Peel Hunt LLP
in its capacity as the Company's nominated adviser for the purposes of the AIM
Rules, consider the terms of the transactions to be fair and reasonable
insofar as the Company's shareholders are concerned.

 

Independent directors in relation to the matter are all the directors of the
Company except Arnaud de Servigny who is not considered independent because of
his role as non-executive director at BNP Paribas Asset Management France.

 

 

 

LEI number: 213800AJDNW4S2B7E680

 

- Ends -

 

Enquiries:

 

 Impax Asset Management Group plc

 Ian Simm, Chief Executive                              +44 (0)20 3912 3000

 Paul French, Director of Communications                +44 (0)20 3912 3032

 p.french@impaxam.com (mailto:p.french@impaxam.com)

 Montfort Communications

 Gay Collins                                            +44 (0)77 9862 6282

 Louis Supple                                           +44 (0)77 3943 0102

 impax@montfort.london (mailto:impax@montfort.london)

 Peel Hunt LLP, Nominated Adviser and Joint Broker

 James Britton or Rishi Shah                            +44 (0)20 7418 8900

 Berenberg, Joint Broker

 Alex Reynolds                                          +44 (0)20 3207 7800

 

 

Notes to Editors - About Impax Asset Management

 

Founded in 1998, Impax is a specialist asset manager, with £37.9 billion as
of 31 December 2021 in both listed and private markets strategies, investing
in the opportunities arising from the transition to a more sustainable global
economy.

 

Impax believes that capital markets will be shaped profoundly by global
sustainability challenges, including climate change, pollution and essential
investments in human capital, infrastructure and resource efficiency. These
trends will drive growth for well-positioned companies and create risks for
those unable or unwilling to adapt.

 

The company seeks to invest in higher quality companies with strong business
models that demonstrate sound management of risk. Impax offers a well-rounded
suite of investment solutions spanning multiple asset classes seeking superior
risk-adjusted returns over the medium to long term.

 

Impax has ca. 220 staff across six offices in the United Kingdom, the United
States, Ireland and Hong Kong, making it one of the investment management
sector's largest investment teams dedicated to sustainable development.

 

www.impaxam.com
(https://urldefense.proofpoint.com/v2/url?u=http-3A__www.impaxam.com&d=DwQFAw&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=v5u_ign-x4obpQGVppVuyta9kTAFtmS1CnnqmBVO3HM&m=GuMT3Jqd1jVk3Xt7wuFJUmYGQPDeQGnghIZUDs9iqaA&s=1QFHojBT9jKKLjAREJME-lbPJ-X14MZRvG3qxT39mT0&e=)
 

 

For further information please visit www.impaxam.com (http://www.impaxam.com)
.

 

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted
on the Alternative Investment Market of the London Stock Exchange.  Impax
Asset Management Group plc is registered in England & Wales, number
03262305.  AUM relates to Impax Asset Management Limited, Impax Asset
Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax
Asset Management LLC.  Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the Financial
Conduct Authority and are wholly owned subsidiaries of Impax Asset Management
Group plc.  Please note that the information provided and links from it
should not be relied upon for investment purposes.

 

 

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