Secondary listing in Amsterdam underlines Renewi’s strong presence in the Benelux
Amsterdam – 30 January 2020 – Euronext congratulates Renewi (ticker: RWI), the leading waste-to-product company, on its listing on Euronext’s regulated market in Amsterdam (Compartment A). Based on the reference price of € 0.4268, Renewi’s total market capitalisation stands at € 341.5 million.
The listing on Euronext Amsterdam is a secondary listing in addition to Renewi’s listing on the London Stock Exchange. No additional capital has been raised on this occasion.
Renewi, created in 2017 following the merger of Shanks Group plc with Van Gansewinkel Groep BV, is
market leader in collection and treatment of commercial waste in the Benelux, the European leader in treatment of contaminated soil and water and leader in industrial cleaning in the Netherlands.
Otto de Bont, CEO of Renewi, says: “We are delighted to have completed the secondary listing, a natural development reflecting Renewi’s core Benelux presence. Through government legislation and the demands of consumers and companies for sustainable solutions, the Benelux is driving the circular agenda.
The secondary Euronext listing will provide greater access for European investors, including those who are increasingly focused on ESG investing and the Green proposition.”
To mark Renewi’s first day of trading in Amsterdam, Otto de Bont, CEO of Renewi, sounds the gong to open the market.
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: www.renewiplc.com.