Renewi

Renewi plc: Director/PDMR shareholding

Retrieved on: 
Thursday, July 27, 2023
LTIP, Renewi, Film industry, Security (finance)

On 27 July 2023, 173,560 Shares under the LTIP made as the 2020 LTIP Award vested to Otto de Bont, Chief Executive Officer of Renewi plc, in accordance with associated performance conditions.

Key Points: 
  • On 27 July 2023, 173,560 Shares under the LTIP made as the 2020 LTIP Award vested to Otto de Bont, Chief Executive Officer of Renewi plc, in accordance with associated performance conditions.
  • Mr de Bont sold 85,714 shares to satisfy his withholding tax and social security liabilities, retaining 87,846 Shares which are subject to a two-year holding period.

Renewi plc: Q1 trading update

Retrieved on: 
Thursday, July 13, 2023
Pressure, LSE, Plastic, Building material, RWI, COVID, EBIT, M&W, Outline, Growth, Commercial, Legislation, Renewable energy, Renewi, Acht

Renewi plc (LSE: RWI), the leading international waste-to-product company, announces its trading update for the three months ended 30 June 2023.

Key Points: 
  • Renewi plc (LSE: RWI), the leading international waste-to-product company, announces its trading update for the three months ended 30 June 2023.
  • As expected Group Revenue and EBIT in the first three months of the year were lower than prior year as recyclate prices were at peak level during Q1 last year.
  • Recyclate prices have largely stabilised since September 2022, at levels slightly above historical averages.
  • The impact of recyclate prices has been mitigated by dynamic pricing combined with cost measures and the benefits of the Renewi 2.0 programme.

Renewi plc: Director/PDMR shareholding

Retrieved on: 
Thursday, June 22, 2023
Renewi, Social Security, Insurance, Security (finance)

On 22 June 2023, 32,543 Shares under the 2020 DAB Award vested to Otto de Bont, Chief Executive Officer of Renewi plc. Mr de Bont elected to retain all of his Shares, satisfying his associated withholding tax and social security liabilities through direct payments to the Company.

Key Points: 

On 22 June 2023, 32,543 Shares under the 2020 DAB Award vested to Otto de Bont, Chief Executive Officer of Renewi plc. Mr de Bont elected to retain all of his Shares, satisfying his associated withholding tax and social security liabilities through direct payments to the Company.

Renewi plc: Notice of AGM

Retrieved on: 
Saturday, June 10, 2023
Proxy, Ashurst LLP, Publishing, Annual general meeting, Renewi

Shareholders are invited to submit questions to the Board.

Key Points: 
  • Shareholders are invited to submit questions to the Board.
  • The Board will seek to respond to all questions and anticipates publishing questions and responses on the Company’s website at: www.renewi.com/agm2023 .
  • Hard copies of these documents have also been mailed to those shareholders who have elected to continue to receive paper communications.
  • The Renewi 2023 Sustainability Review will also be made available to view at www.renewi.com/agm2023 by the end of June 2023.

Renewi plc: Preliminary Results

Retrieved on: 
Saturday, May 27, 2023
Policy, Core, EBIT, Recycling, Acquisition, Investment, European, Growth, Renewi, Renewable energy

*Core net debt used for banking leverage calculations excludes the impact of IFRS 16 lease liabilities and UK PPP net debt.

Key Points: 
  • *Core net debt used for banking leverage calculations excludes the impact of IFRS 16 lease liabilities and UK PPP net debt.
  • “Renewi has had another successful year.
  • In addition, Renewi anticipates a consistently improving cash position going forward due to efficiencies across the business and an end to deferred Covid tax payments.
  • “Renewi is now well positioned to focus on growing both the top line and profitability of its core businesses for the longer-term.

Renewi plc: Annual Report and Accounts 2023

Retrieved on: 
Saturday, May 27, 2023
Workforce, Pressure, Climate, Injury, Crime, Public opinion, Bank statement, Policy, Annual, Health, Innovation system, Company register, Wind, ICT, Transparency, Annual report, Registrar of Companies (India), DTR, Knowledge, Disclosure, Companies Act 1985, Companies Act 2006, Adverse, Safety, Insurance, Retail, Bank, Civil engineering, Risk management, Audit, Renewi

The following additional information, summarised from the Renewi plc Annual Report and Accounts 2023, is disclosed in accordance with Disclosure and Transparency Rule 6.3.5.

Key Points: 
  • The following additional information, summarised from the Renewi plc Annual Report and Accounts 2023, is disclosed in accordance with Disclosure and Transparency Rule 6.3.5.
  • The 2023 Annual Report contains a responsibility statement in compliance with DTR 4.1.12.
  • Statutory accounts for 2021/22 have been delivered to the Registrar of Companies and those for 2022/23 will be delivered following the Company's Annual General Meeting on 13 July 2023.
  • The changes to the Board of Directors of Renewi plc since the 2022 Annual Report are:
    A list of current directors is maintained on the Renewi plc website: www.renewi.com.

Renewi plc: Appointment of Joint Corporate Broker

Retrieved on: 
Tuesday, May 9, 2023
Renewi, Bank

Renewi plc, the leading European waste-to-product business, is pleased to announce the appointment of Joh. Berenberg, Gossler & Co KG, London Branch (“Berenberg”) as Joint Corporate Broker to work alongside Peel Hunt LLP, with immediate effect.

Key Points: 

Renewi plc, the leading European waste-to-product business, is pleased to announce the appointment of Joh. Berenberg, Gossler & Co KG, London Branch (“Berenberg”) as Joint Corporate Broker to work alongside Peel Hunt LLP, with immediate effect.

Renewi plc: Total Voting Rights

Retrieved on: 
Saturday, April 15, 2023
FCA, Treasury, Disclosure, Renewi, Security (finance)

In conformity with the FCA's Disclosure and Transparency Rules, Renewi plc hereby notify the market that as at 31 March 2023 the Company's issued share capital consisted of 80,250,295 ordinary £1.00 shares with voting rights.

Key Points: 
  • In conformity with the FCA's Disclosure and Transparency Rules, Renewi plc hereby notify the market that as at 31 March 2023 the Company's issued share capital consisted of 80,250,295 ordinary £1.00 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.

Renewi plc: pre-close trading update

Retrieved on: 
Saturday, April 15, 2023
Legislation, Special Division, Carbon, Certification, Puurs, TGG, Sand, Renewable energy, EU, Acht, Renewi

Renewi, the leading European waste-to-product business, announces its pre close trading update for the year ended 31 March 2023 ahead of the results presentation on 25 May 2023.

Key Points: 
  • Renewi, the leading European waste-to-product business, announces its pre close trading update for the year ended 31 March 2023 ahead of the results presentation on 25 May 2023.
  • “Trading in the final quarter of the year has been good and we expect year end profit to be slightly ahead of market expectations [1] .
  • Trading in the final quarter of the year has been good and we expect year end profit to be slightly ahead of market expectations.
  • The demand for higher quality low carbon secondary materials is steadily increasing, requiring more advanced production processes, which Renewi is developing.

Renewi plc: Positive conclusion to European Commission landfill investigation

Retrieved on: 
Saturday, March 11, 2023
Wallonia, State, Walloon, Civil service commission, Mont-Saint-Guibert, Rehabilitation, EC, Subsidy, European Commission, Renewi

Renewi plc announces that the European Commission (EC) has concluded its formal investigation, first announced on 6 February 2020, into the alleged State Aid relating to the tax rate applied to certain recycled waste materials that were added to the now closed Cetem landfill in Mont Saint Guibert to contour the site for closure and rehabilitation.

Key Points: 
  • Renewi plc announces that the European Commission (EC) has concluded its formal investigation, first announced on 6 February 2020, into the alleged State Aid relating to the tax rate applied to certain recycled waste materials that were added to the now closed Cetem landfill in Mont Saint Guibert to contour the site for closure and rehabilitation.
  • In its decision published on 3 March 2023, the EC determined that the Belgian Walloon Region did not provide State Aid to Renewi Valorisation and Quarry NV.
  • In the past two years, the Belgian Walloon Region and Renewi both provided extensive information to the European Commission demonstrating that all materials used in the landfill rehabilitation were appropriate and that there was no selectivity in the Walloon Region’s treatment of Renewi.
  • Renewi is pleased this matter is now resolved and the provision of €15m taken for this liability in FY20 can be released.