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Renewi plc (RWI)
Renewi plc: Change of European Home Member State
04-Jan-2021 / 10:33 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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Change of European Home Member State
Renewi plc (LSE: RWI, Euronext: RWI), the leading international
waste-to-product business, announces a change of its Home Member State.
Since 31 January 2020, the United Kingdom ceased to be a member of the
European Union. Following the end of the United Kingdom's transition
period for leaving the European Union on 31 December 2020, the United
Kingdom can no longer be the Home Member State of Renewi for the purposes
of the EU Transparency Directive. Renewi hereby announces that it has
chosen the Netherlands as its Home Member State.
As a result hereof, shareholders of Renewi owning 3% or more of Renewi's
issued capital must report this to the Dutch Authority for the Financial
Markets ("AFM"). This must be reported without delay via Loket AFM
( 1 https://www.loket.afm.nl/). Further notification must be made without
delay as soon as a substantial shareholding or short position reaches,
exceeds or goes below a threshold. This may be the case if shareholders
obtain or lose ownership of shares and/or votes, or due to an increase or
decrease in the issued capital of Renewi. The thresholds are: 3%, 5%, 10%,
15%, 20%, 25%, 30%, 40%, 50%, 60%, 75% and 95%.
Renewi continues to be listed on the Official List of the UK Financial
Conduct Authority and traded on the main market of the London Stock
Exchange. Accordingly, and in addition to the new notification
requirements set out above, shareholders should continue to comply with
disclosure and other requirements under the UK Disclosure Guidance and
Transparency Rules, which provides that the relevant thresholds regarding
notification of shareholdings to be 3% and each 1% threshold thereafter up
to 100%.
This announcement is intended as general information only and each
shareholder should consult its own adviser with respect to the
consequences of the change of the Home Member State of Renewi and/or their
obligations generally as a shareholder of a company listed in the UK and
in the Netherlands.
As at the close of business on 1 January 2021, Renewi's issued share
capital consisted of 800,141,536 ordinary shares of 10 pence each. No
shares were held in Treasury. Therefore, the total number of voting rights
in Renewi was 800,141,536. 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 in their interest in,
Renewi.
Renewi has registered the issued share capital of 800,141,536 ordinary
shares of 10 pence each and total number of voting rights of 800,141,536
with the AFM today. It is noted, however, that it may take a few days
before the registration is visible in the AFM Register and shareholders
can notify their interest via Loket AFM.
For further information
Philip Griffin-Smith, Renewi plc Company Secretary
Company.secretary@renewi.com
About Renewi
Renewi is a leading waste to product company that gives new life to used
materials every day. We have around 7,000 employees working at 174
operating sites across Europe. Our extensive operational network means we
are always close to our customers. For Renewi, waste is a state of mind,
and an opportunity. Our many years of knowledge and experience, combined
with a broad range of services, allow us to offer sustainable, practical
recycling solutions. We use innovation and the latest technology to turn
waste into useful materials such as paper, metal, plastic, glass, wood,
building materials, compost and energy. In other words, we turn today's
waste into tomorrow's raw materials. The result of our work is less waste
and contamination, a smarter use of scarce raw materials, and a reduction
in carbon emissions. This means that we are contributing towards a
cleaner, circular world in which we "waste no more".
Visit our website for more information: www.renewiplc.com.
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ISIN: GB0007995243
Category Code: MSCM
TIDM: RWI
LEI Code: 213800CNEIDZBL17KU22
OAM Categories: 2.1. Home Member State
Sequence No.: 90762
EQS News ID: 1158221
End of Announcement EQS News Service
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