RWI Renewi

Renewi plc: Voting Rights and Capital

Renewi plc (RWI)
Renewi plc: Voting Rights and Capital

07-May-2021 / 15:46 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

In conformity with the FCA's Disclosure and Transparency Rules, Renewi plc hereby notify the market that as at 7 May 2021 the Company's issued share capital consisted of 800,219,236 ordinary 10 pence shares with voting rights. No Treasury shares are held. 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, Renewi plc.

 

 

 

About Renewi plc

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: .

 
ISIN: GB0007995243
Category Code: TVR
TIDM: RWI
LEI Code: 213800CNEIDZBL17KU22
OAM Categories: 2.5. Total number of voting rights and capital
Sequence No.: 103851
EQS News ID: 1194149

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1194149&application_name=news&site_id=research_pool
EN
07/05/2021

Underlying

RWIRenewi

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Renewi

Free Trial
RWI RENEWI

Renewi: 1 director

A director at Renewi bought 19,500 shares at 7.735EUR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...

06/07/24 June 7, 2024 1 EN
Joren Van Aken
  • Joren Van Aken
RWI RENEWI

Renewi - Hoping for a tender offer

We downgrade from Buy to Hold as in our view management did not deliver on their promises and destroyed shareholder value in recent yearsThe company overpaid on the UK Municipal divestment in our view and the ramp up at ATM is going slower than previously guided. We also expect Renewi to miss its FY28 revenue target by 30%The best outcome for shareholders therefore would be a takeover by either a PE player or strategic acquirer. As hoping for a tender offer is not really the foundation for a sol...

06/07/24 June 7, 2024 1 EN
Joren Van Aken
  • Joren Van Aken
RWI RENEWI

Renewi - Results slightly below, but ATM & UK more important

Results were slightly below expectations on revenue & EBIT levelUK Municipal to be sold at EUR 154m, a value-destructive price in our viewATM TGG inventory going down slower than expectedReinitiation of dividend at EUR 0.05 p/s, below CSS and DPeOverall we are quite disappointed. We do not believe the EUR 154m is an attractive price and expect investors to be disappointed. We put our rating and TP under review. We also remove Renewi from our Preference List.

05/30/24 May 30, 2024 1 EN
Joren Van Aken
  • Joren Van Aken
RWI RENEWI

Renewi - FY24 trading update but nothing new on UK Municipal or TGG

• Renewi issued its trading update confirming it “remains on track for announcement by 30 June 2024” for the UK Municipal business. A ‘modest' dividend will be proposed for FY24, as guided at H1• Management confirmed that results would be in line with consensus. We are slightly below consensus currently. No info on progress of TGG sales, which may be disappointing• Overall, the trading update had nothing in it that impacts the investment case of Renewi. Our investment case is based on 1) a ...

04/25/24 April 25, 2024 1 EN
Joren Van Aken
  • Joren Van Aken
RWI RENEWI

Renewi - Challenging market conditions forcing warning

Market conditions continued to be challenging, especially in the Netherlands which could not be fully offset by mitigating actions Consequently, Renewi warned that FY24 results would be below market expectations. We were already below market expectations. Hence, we expect to change our estimates only modestlyWe maintain our Buy rating, as our investment case is based on the expected actions, which could double profitability   

01/30/24 January 30, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch