TIDMDGI

RNS Number : 2084W

DG Innovate PLC

16 August 2022

16 August 2022

DG Innovate plc

("DG Innovate " or the "Company")

Restoration of Trading

DG Innovate (LSE: DGI), the advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, requested a suspension of listing from 7:30 a.m. on 1 July 2022 due to the delay in publishing its audited report and accounts for the year ended 31 December 2022 as announced on 30 June 2022. Following the publication of its audited report and accounts for the year ended 31 December 2021, the Company is pleased to announce the lifting of the temporary suspension and the restoration of trading in its ordinary shares on the Main Market of the London Stock Exchange.

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For further information please contact:

 
 DG Innovate plc                              C/O IFC 
 Peter Tierney 
  Jack Allardyce 
 
 IFC Advisory (Financial PR & IR)             020 3934 6630 
 Tim Metcalfe 
  Zach Cohen 
 
 Grant Thornton UK LLP (Financial Adviser) 
  Samantha Harrison 
  Jamie Barklem 
  Daphne Zhang 
  Ciara Donnelly                              020 7383 5100 
 
 OvalX (Broker)                               020 7392 1400 
 Tom Curran 
  Thomas Smith

About DG Innovate

DG Innovate is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DG Innovate is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government, and has filed 18 patents worldwide. DG Innovate's current research and development activities are broadly split into two areas, focusing on novel electric motor technologies and energy storage solutions. Its two main products are:

- Enhanced Drive Technology (EDT) - High efficiency, lightweight, cost-effective electric motors and electronics;

- Enhanced Battery Technology (EBT) - Sodium-ion batteries offering a sustainable energy storage solution at similar/greater energy density to incumbent technologies at a lower cost, increased safety with lower environmental footprint.

Further information may be found at: https://www.dgiplc.com

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(END) Dow Jones Newswires

August 16, 2022 08:00 ET (12:00 GMT)

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