Amersfoort, The Netherlands - 16 October 2018 – Envipco Holding N.V. (“Envipco” or the “Company”) a leading global provider of recycling systems and Reverse Vending Machine technology, has completed a private placement of a total of 260,000 new ordinary shares by way of an accelerated bookbuilding process, raising gross proceeds of EUR 2,860,000 (the "Placement"). The shares in the Placement were offered to selected (qualified) institutional investors in Europe and represent 6.8% of the Company's outstanding ordinary share capital. The price of the shares in the Placement was derived through an accelerated bookbuilding process and was set at EUR 11.00 per share, representing a discount of 6.0% compared to the last closing price on Euronext Amsterdam. The settlement and listing of the new ordinary shares on Euronext Amsterdam is expected to take place on or about 18 October 2018. Following the Placement, the Company’s issued share capital will consist of 4,097,607 ordinary shares.

Gool Santchurn, President & CEO of Envipco: “We are pleased with the private placement of 260,000 new shares. In view of the potential of new schemes in Europe we fully acknowledge the importance of undertaking the necessary activities and investments to ensure that we are well-positioned to seize opportunities when they arise, as we now see progressing in Scotland and other geographies. We are convinced that our competitive technology provides a highly efficient solution to enable consumers around the world to recycle their beverage containers.”

NIBC Bank N.V. acted as Sole Bookrunner in the Placement.