2 January 2025
Invinity Energy Systems
plc
("Invinity" or the "Company")
Blocklisting Interim Review
& Total Voting Rights
Invinity Energy Systems plc (AIM:
IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy
storage, provides the following update in
accordance with Schedule Six of the AIM Rules for Companies
regarding its existing blocklisting arrangements.
|
Name of company
|
Invinity Energy Systems
plc
|
|
Name of scheme
|
Warrant exercise & Employee
share option listing
|
|
Period of return (from /
to)
|
21/09/2024 to 02/01/2025
|
|
Number and Class of Securities not
issued at the start of the period under the scheme
|
1,365,009 Ordinary Shares of €0.01 each ("Ordinary Shares")
|
|
Plus: the amount for which a
blocklisting application has been made since the last date of
return
|
Nil
|
|
Less: Number of securities issued
under the scheme during the period
|
4,189 Ordinary Shares
|
|
Equals: Balance under the scheme of
securities not yet issued at the end of the period
|
1,360,820 Ordinary Shares
|
|
Number and class of securities
originally admitted and the date of admission
|
1,500,000 Ordinary Shares admitted on 26 September 2022
|
The Company also announces that it
has issued 4,189 Ordinary Shares of €0.01 each (the "New Ordinary
Shares") pursuant to the exercises of Long-Term Warrants which were
issued as part of the capital raising in December 2021. All of the
Ordinary Shares were issued under the Company's existing
blocklisting entitlement.
Following the issue of the New
Ordinary Shares the issued ordinary share capital of the Company
comprises 440,561,739 Ordinary Shares with one vote per share.
Therefore, this figure can be used by shareholders as the
denominator for the calculations by which to determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency
Rules.
The New Ordinary Shares are already
admitted to trading on AIM under the Company's existing
blocklisting entitlement. The total number of Ordinary Shares
admitted to trading on AIM remains 441,922,559, comprising
440,561,739 issued Ordinary Shares and 1,360,820 Ordinary Shares
admitted to trading under the Blocklisting but not yet
issued.
An application has been made for the
New Ordinary Shares to be admitted to trading on the Aquis Stock
Exchange and dealings are expected to commence on 2 January 2025,
following which, the total number of Ordinary Shares admitted to
trading on the Aquis Stock Exchange will be 440,561,739. The number
of shares admitted to AIM is higher than the number admitted to the
Aquis Stock Exchange due to the Company's block-listing facility on
AIM.
Stay up to date with news from Invinity. Join the distribution
list for the Company's monthly investor newsletter
here.
Enquiries:
|
Invinity Energy Systems plc
|
+44 (0)20 4551 0361
|
|
Jonathan Marren, Chief Executive
Officer
Joe Worthington, Senior Director,
Corporate Affairs
|
|
|
|
|
|
Canaccord Genuity (Nominated Adviser
and Joint Broker)
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+44 (0)20 7523 8000
|
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Henry Fitzgerald-O'Connor / Harry
Pardoe / Charlie Hammond
|
|
|
|
|
|
VSA
Capital (AQSE Corporate Advisor, Financial Adviser and Joint
Broker)
|
+44 (0)20 3005 5000
|
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Andrew Monk / Andrew Raca
|
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Notes to Editors
Invinity Energy Systems plc (AIM:
IES) (AQSE: IES) (OTCQX: IESVF)
manufactures vanadium flow batteries for
large-scale, high-throughput energy storage requirements of
business, industry and electrical networks.
Invinity's factory-built flow
batteries run continually with no degradation for over 25 years,
making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on
Invinity's batteries are safe, reliable, and economical, and range
in size from less than 250 kilowatt-hours to tens of
megawatt-hours.
Invinity was created in April 2020
through the merger of two flow battery industry leaders: redT
energy plc and Avalon Battery Corporation. With 75 MWh of systems
already deployed or contracted for delivery across 82 sites in 15
countries, Invinity is active in all major global energy storage
markets and has operations in the UK, Canada, USA, China and
Australia. Invinity Energy Systems plc is quoted in the UK on AIM
and AQSE and trades in the USA on OTCQX.
To find out more, visit
invinity.com,
sign up to our monthly
Investor Newsletter here or
contact Investor Relations on via +44 (0)20 4551 0361 or
ir@invinity.com.