Impax Asset Management Regulatory News (IEM)

Impax Environmental Markets plc

Legal Entity Identifier: 213800RAR6ZDJLZDND86

22 January 2025

Publication of Circular

At the annual general meeting of Impax Environmental Markets plc (the "Company") on 20 May 2024 (the "2024 AGM") Shareholders gave authority to the Directors to make market purchases of up to 40,371,073 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") representing 14.99 per cent. of the then issued ordinary share capital (excluding treasury shares). As at 20 January 2025, the Company has bought back 28,109,153 Ordinary Shares and the authority granted at the 2024 AGM has been substantially utilised. The Directors have concluded that the remaining capacity would be fully utilised before the Company's next annual general meeting, which is expected to be held on 20 May 2025, if the Company's purchases of its own shares were to continue at the same rate as they have since the 2024 AGM. The Directors therefore wish to seek approval for a renewal of this authority.

Accordingly, the Company has today published a circular (the "Circular") and notice of meeting to convene a general meeting (the "General Meeting") at which the appropriate shareholder authorities will be sought. The General Meeting will be held at 10 a.m. on 18 February 2025 at 7th floor, 30 Panton Street, London SW1Y 4AJ.

Terms used and not defined in this announcement shall have the meanings given to them in the Circular.

A copy of the Circular has been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism *

The Circular will also be available on the Company's website, https://impaxenvironmentalmarkets.co.uk/*

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.