REG-Renewi plc Renewi plc: Directorate change

RenewiAnnouncement

05/01/2022 07:05

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   Renewi plc (RWI)
   Renewi plc: Directorate change

   05-Jan-2022 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside information
   according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   5 January 2022

                                         

                                    Renewi plc

                                         

    ("Renewi", the "Company" or, together with its subsidiaries, the "Group")

                                         

                                Directorate Change

                                         

                                         

   Renewi plc (LSE: RWI),  the leading international waste-to-product  company,
   announces the  departure of  Toby Woolrych,  Chief Financial  Officer, on  1
   April 2022 after  nearly ten years  in the  role. Toby joined  the Board  of
   Shanks Group plc in  September 2012 and  was part of  the team that  created
   Renewi  plc  through  the  2017  merger  with  Van  Gansewinkel.  With   the
   integration complete and  the business  performing strongly,  the Board  and
   Toby came to this mutual decision, as Renewi delivers the next stage of  its
   growth. The Board has commenced a search process to recruit his successor.

    

   Otto de Bont, Chief Executive Officer, said: "Toby has been instrumental  to
   the creation of Renewi and  to the transition from  a waste collection to  a
   waste-to-product company. He has helped Renewi get to the next level in  its
   journey and will be leaving  the company in great shape  at the end of  this
   fiscal year, with a much stronger balance sheet, leverage well below 2x  and
   record earnings."

    

   Toby Woolrych, Chief Financial  Officer, said: "It has  been a privilege  to
   have been  a part  of the  creation  of Renewi  and to  have seen  both  its
   successful integration and now its strong performance, perfectly  positioned
   as an enabler in the fast growing circular economy."

    

    

   For further information:                                       
                                                                  
    
                                                                  
    
                                                                 Renewi plc
   Paternoster Communications
                                                                 Adam Richford,
   Tom Buchanan                                                  Head of IR

   +44 (0)20 3012 0241                                           +44 7976 321
                                                                 540
    
                                                                  
   Ben
   Honan                                                         Michelle
                                                                 James, Head of
   +44 (0)20 3012 0241                                           Communications

                                                                 +44 7773 813
                                                                 180
                                                                  
    1 www.renewi.com
                                                                  
                                                                  
                                                                  

    

   About Renewi  

   Renewi is a  pure-play recycling company  with a focus  on extracting  value
   from waste and used materials  rather than disposal through incineration  or
   landfill. The company also  plays a key role  in limiting resource  scarcity
   through the creation of secondary materials, and by so doing addresses  both
   social and regulatory trends and contributes to creating a cleaner,  greener
   world.

    

   Renewi's vision is to be the leading waste-to-product company in the world's
   most advanced circular economies. By  opting to recycle, the company  avoids
   emissions of more than 3 million tonnes of CO2 and as a result plays a  part
   in contributing  to  a  sustainable society,  transitioning  to  a  circular
   economy and driving the progress needed to halt climate change.

    

   Renewi, which draws on innovation and the latest technology to turn waste
   into useful materials - paper, metals, plastics, glass, wood, building
   materials, compost and energy - employs over 6 500 people who work on 165
   operating sites in 6 countries across Europe and the UK. Renewi is
   recognised as a market leader in Benelux and a regional European leader in
   recycling.

    

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   ISIN:           GB00BNR4T868
   Category Code:  BOA
   TIDM:           RWI
   LEI Code:       213800CNEIDZBL17KU22
   OAM Categories: 2.2. Inside information
   Sequence No.:   134480
   EQS News ID:    1264796


    
   End of Announcement EQS News Service

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