Impax Asset Management Group plc Recommendation to Trustees of EBT (2060N)
May 04 2018 - 8:30AM
UK Regulatory
TIDMIPX
RNS Number : 2060N
Impax Asset Management Group plc
04 May 2018
Impax Asset Management Group plc
Recommendation to Trustees of EBT
Impax Asset Management Group plc (the "Company" or "Impax")
announces that prior to entering into a close period, ahead of the
release its interim results for the six month period ended 31 March
2018 on Thursday 7 June 2018, it provided a recommendation to Sanne
Fiduciary Services Limited, the independent trustee of the Impax
Asset Management Group plc Employee Benefit Trust 2012, to continue
to acquire Impax ordinary shares of 1p each ("Impax Shares") in the
market to satisfy share awards to employees.
The recommendation is subject to a pre-agreed maximum price and
general availability of Impax Shares in the market.
Given the low levels of liquidity in Impax Shares, the EBT may
be the largest purchaser of Impax Shares on any given day.
As at the date of this announcement the Impax Asset Management
Group plc Employee Benefit Trust 2012 owns 12,203,808 Impax Shares
and the Impax Group Employee Benefit Trust 2004 owns 15,388,353
Impax Shares. In aggregate they own 27,592,161 Impax Shares.
The total number of voting rights in Impax is 130,415,087.
LEI number: 213800AJDNW4S2B7E680
-ENDS-
Enquiries:
Ian Simm
Chief Executive Tel: +44 (0) 20 3912 3000 (switchboard)
Impax Asset Management Group plc
7th floor, 30 Panton Street
London SW1Y 4AJ
www.impaxam.com
Anne Gilding Tel: +44 (0) 20 3912 3000 (switchboard)
Head of Brand & Communications Tel: +44 (0) 20 3912 3126
(direct)
Impax Asset Management Group plc Tel: +44 (0) 7881 249612
(mobile)
7th floor, 30 Panton Street
London SW1Y 4AJ
www.impaxam.com Email: a.gilding@impaxam.com
Guy Wiehahn Tel: +44 (0) 20 7418 8893
Nominated Adviser and Broker
Peel Hunt LLP
This information is provided by RNS
The company news service from the London Stock Exchange
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