Impax Asian Environmental Mkts Plc Rollover entitlement (4179L)

TIDMIAEA TIDMIAES TIDMIAEB

RNS Number : 4179L

Impax Asian Environmental Mkts Plc

09 August 2013

Impax Asian Environmental Markets plc

(in Members' Voluntary Liquidation)

- rollover entitlement

9 August 2013

As noted in the Company's announcement dated 7 August 2013, holders of Reclassified Shares with A Rights (being those Shareholders who elected, or were deemed to have elected, to receive IAEMI Shares) will receive IAEMI Shares in accordance with the formula set out in paragraph 6.5 of the Terms and Conditions of the Scheme. Pursuant to this formula, which is calculated by reference to, inter alia, the value of the Transfer Portfolio on 7 August and the Rollover Price (being the net asset value per IAEMI Share as at close of business on 7 August), holders of Reclassified Shares with A Rights will receive:

1.22686449 IAEMI Shares for every 1 Reclassified Share held

provided that the number of IAEMI Shares to be issued shall be rounded down to the nearest whole number and fractional entitlements shall not be issued.

Contract notes in respect of the IAEMI Shares to be issued pursuant to the Scheme will be despatched to the relevant Shareholders shortly.

All terms capitalised but not defined herein shall have the meaning given to them in the Company's circular to Shareholders dated 4 July 2013.

Enquiries

   Allan McKenzie                                                020 7490 4355 

Chairman

   Anthony Lee                                                      020 7490 4355 

Cavendish Administration Limited

   David Yovichic                                                   020 7523 8361 

Canaccord Genuity

Important Information

This Announcement has been issued by and is the sole responsibility of the Company.

No representation or warranty express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Canaccord Genuity Limited ("Canaccord") or by any of its respective affiliates or agents as to or in relation to, the accuracy or completeness of this Announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

This announcement and the information contained herein is not for publication, release or distribution, directly or indirectly, in or into the United States, Australia, Canada or Japan or any jurisdiction in which the same would be unlawful. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire shares in the capital of the Company in the United States, Australia, Canada or Japan or any jurisdiction in which such an offer or solicitation is unlawful.

Canaccord Genuity Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting for Impax Asian Environmental Markets plc and is acting for no-one else in connection with the Proposals.

This information is provided by RNS

The company news service from the London Stock Exchange

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