Final Possible Offer - Irrevocable Undertakings
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY RESTRICTED JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
For immediate release
9 January 2025
Final Possible Offer for Renewi by Macquarie - Irrevocable Undertakings
On 28 November 2024, Macquarie Asset Management, on behalf of one or more funds or entities managed by Macquarie Infrastructure and Real Assets (Europe) Limited (including as portfolio manager) and its affiliates and any relevant subsidiaries of such funds or entities ("Macquarie") and Renewi plc ("Renewi") announced a possible offer for Renewi by Macquarie (the "Final Possible Offer") (the "Final Possible Offer Announcement"). The Final Possible Offer Announcement disclosed the terms of irrevocable undertakings given by certain Renewi shareholders in respect of the Renewi shares over which they each have voting control, to vote, or procure a vote, in favour of the Final Possible Offer.
Macquarie confirms that the irrevocable undertaking from Avenue Europe International Management LP (acting by funds and entities that it advises) ("Avenue Europe") was extended such that it will cease to be binding if Macquarie has not announced a firm intention to make an offer for Renewi by 5.00 p.m. (London time) on 31 March 2025, or such later date as Macquarie and Avenue Europe may agree.
Enquiries:
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Macquarie Helena Slater
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+44 20 3037 4014
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Important Notice
This announcement is not intended to, and does not, constitute or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction, whether pursuant to this announcement or otherwise.
The release, distribution or publication of this announcement in jurisdictions outside the United Kingdom or The Netherlands may be restricted by laws of the relevant jurisdictions and therefore persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.
Rule 26.1 Disclosure
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