Information  X 
Enter a valid email address

Impax Asian Environmental Mark (IAEM)

  Print      Mail a friend

Wednesday 28 October, 2009

Impax Asian Environmental Mark

Holding(s) in Company





TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

+-------------------------------------------------------------------+
|                                                                   |
|-------------------------------------------------------------------|
|                                      |                            |
|--------------------------------------+----------------------------|
| 1. Identity of the issuer or the     |                            |
| underlying issuer                    | IMPAX ASIAN ENVIRONMENTAL  |
| of existing shares to which voting   |        MARKETS PLC         |
| rights are                           |                            |
| attached: ii                         |                            |
|-------------------------------------------------------------------|
| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights        |              |
|----------------------------------------------------+--------------|
| An acquisition or disposal of qualifying financial |              |
| instruments which may result in the acquisition of |              |
| shares already issued to which voting rights are   |              |
| attached                                           |              |
|----------------------------------------------------+--------------|
| An acquisition or disposal of instruments with     |              |
| similar economic effect to qualifying financial    |              |
| instruments                                        |              |
|----------------------------------------------------+--------------|
| An event changing the breakdown of voting rights   |              |
|----------------------------------------------------+--------------|
| Other (please         | Placing                    |      X       |
| specify):             |                            |              |
|-------------------------------------------------------------------|
| 3. Full name of person(s)     |                                   |
| subject to the                |          Invesco Limited          |
| notification obligation: iii  |                                   |
|-------------------------------+-----------------------------------|
| 4. Full name of               |                                   |
| shareholder(s)                |                                   |
|  (if different from 3.):iv    |                                   |
|-------------------------------+-----------------------------------|
| 5. Date of the transaction    |                                   |
| and date on                   |                                   |
| which the threshold is        |          23 October 2009          |
| crossed or                    |                                   |
| reached: v                    |                                   |
|-------------------------------+-----------------------------------|
| 6. Date on which issuer       |          26 October 2009          |
| notified:                     |                                   |
|-------------------------------+-----------------------------------|
| 7. Threshold(s) that is/are   | 5%, 10%, 11%, 12%, 13%, 14%, 15%, |
| crossed or                    |   16%, 17%, 18%, 19%, 20%, 21%,   |
| reached: vi, vii              |   22%, 23%, 24%, 25%, 26%, 27%    |
+-------------------------------------------------------------------+



+-----------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                                 |
|-----------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix                                                         |
|-----------------------------------------------------------------------------------------------------|
|Class/type of   |Situation previous            |Resulting situation after the triggering transaction |
|shares          |to the triggering             |                                                     |
|if possible     |transaction                   |                                                     |
|using           |------------------------------+-----------------------------------------------------|
|the ISIN CODE   |Number           |Number      |Number    |Number of voting    |% of  voting rights x|
|                |of               |of          |of shares |rights              |                     |
|                |Shares           |Voting      |----------+--------------------+---------------------|
|                |                 |Rights      |Direct    |Direct |Indirect xii|Direct    |Indirect  |
|                |                 |            |          |xi     |            |          |          |
|----------------+-----------------+------------+----------+-------+------------+----------+----------|
|Ordinary        |                 |            |          |       |            |          |          |
|GBP.0.001 Shares|0                |0           |          |       |28,800,000  |          |22.96%    |
|----------------|                 |            |          |       |            |          |          |
|GB00B4M5KX38    |                 |            |          |       |            |          |          |
|----------------+-----------------+------------+----------+-------+------------+----------+----------|
|Subscription    |                 |            |          |       |            |          |          |
|Shares          |0                |0           |          |       |5,760,000   |          |4.59%     |
|GB00B4M82P85    |                 |            |          |       |            |          |          |
|-----------------------------------------------------------------------------------------------------|
|                                                                                                     |
|-----------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                                  |
|-----------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                                 |
|-----------------------------------------------------------------------------------------------------|
|Type of financial        |Expiration    |Exercise/             |Number of voting      |% of voting   |
|instrument               |date xiii     |Conversion Period xiv |rights that may be    |rights        |
|                         |              |                      |acquired if the       |              |
|                         |              |                      |instrument is         |              |
|                         |              |                      |exercised/ converted. |              |
|-------------------------+--------------+----------------------+----------------------+--------------|
|                         |              |                      |                      |              |
|-----------------------------------------------------------------------------------------------------|
|                                                                                                     |
|-----------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi    |
|-----------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                                 |
|-----------------------------------------------------------------------------------------------------|
|Type of financial|Exercise price  |Expiration|Exercise/   |Number of voting rights|% of voting rights|
|instrument       |                |date xvii |Conversion  |instrument refers to   |xix, xx           |
|                 |                |          |period xviii|                       |                  |
|-----------------+----------------+----------+------------+-----------------------+------------------|
|                 |                |          |            |                       |Nominal   |Delta  |
|                 |                |          |            |                       |----------+-------|
|                 |                |          |            |                       |          |       |
|-----------------------------------------------------------------------------------------------------|
|                                                                                                     |
|-----------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                        |
|-----------------------------------------------------------------------------------------------------|
|Number of voting rights                              |Percentage of voting rights                    |
|-----------------------------------------------------+-----------------------------------------------|
|34,560,000                                           |27.55%                                         |
+-----------------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
|-------------------------------------------------------------------|
| Bank of New York - 18,450,000                                     |
| HSBC Banking, London - 1,000,000                                  |
| Mellon Bank, Pittsburgh - 500,000                                 |
| State Street Trust & Banking Co, London - 8,000,000               |
| Northern Trust Company, London - 850,000                          |
| Subscription Shares                                               |
| Bank of New York - 3,690,000                                      |
| HSBC Banking, London - 200,000                                    |
| Mellon Bank, Pittsburgh - 100,000                                 |
| State Street Trust & Banking Co, London -1,600,000                |
| Northern Trust Company, London - 170,000                          |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:                              |      |
|------------------------------------------------------------+------|
| 11. Number of voting rights proxy holder will cease        |      |
| to hold:                                                   |      |
|------------------------------------------------------------+------|
| 12. Date on which proxy holder will cease to hold          |      |
| voting rights:                                             |      |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| 13. Additional information:                  |                    |
|----------------------------------------------+--------------------|
| 14. Contact name:                            |  Samantha Edwards  |
|----------------------------------------------+--------------------|
| 15. Contact telephone number:                |    01491 416381    |
+-------------------------------------------------------------------+



The person making this announcement on behalf of Impax Asian
Environmental Markets plc is as follows:

Anthony Lee
Tel: 020 7490 4355

28 October 2009
                                                                                                                                  ntent of this announcement.