Impax Environmental Markets : Sale of treasury shares (Replacement)

Impax Environmental Markets plc

LEI: 213800RAR6ZDJLZDND86

20 January 2020

Sale of treasury shares

The following announcement is a replacement of the announcement released on 15 January 2020 under the RNS Number: 9440Z. The number of ordinary shares held in treasury and the total number of ordinary shares with voting rights has been corrected.

The Board announces that Impax Environmental Markets plc (the 'Company') on 15 January 2020 sold 500,000 ordinary shares of 10p nominal value from treasury at a price of 335.00p per share, representing a premium to the prevailing net asset value.

Following this sale, the Company's issued share capital will consist of 225,737,355 ordinary shares, including 16,848,109 ordinary shares held in treasury. Each ordinary share entitles the holder to one vote. Ordinary shares held in treasury do not carry voting rights.

On 15 January 2020 the total number of ordinary shares with voting rights in the Company is 208,889,246. 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 to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. For the purposes of the FCA's Disclosure Guidance and Transparency Rules, the Company's Home Member State is the United Kingdom.

Enquiries:

Dominic Waters

Investec Bank plc 020 7597 4000

Broker

Maria Matheou

PraxisIFM Fund Services (UK) Limited 020 7653 9690

Company Secretary and Administrator