Block Listing Six Monthly Return

RNS Number : 5182E

AMTE Power PLC

31 October 2022

 

BLOCK LISTING SIX MONTHLY RETURN

(Note: Italicised terms have the same meaning as given in the Listing Rules.)

Date: 31 October 2022

Name of applicant:		AMTE Power plc
Name of scheme:		Enterprise Management Incentive Scheme, warrants and unapproved share option plan
Period of return:	From:	1 May 2022	To:	31 October 2022
Balance of unallotted securities under scheme(s) from previous return:		1,326,294
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		1,240,273
Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		NIL
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:		2,566,567

Name of contact:	Alan Hollis / James Hobson
Telephone number of contact:	[phone]

Notes to Editors:

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets. In March 2021, the Company was admitted to trading on the AIM market of the London Stock Exchange. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety.  These new products are targeted at a range of specialist markets including the electric vehicle industry and energy storage sector.

AMTE Power's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. AMTE Power's proposed state-of-the-art MegaFactory in Dundee, Scotland is expected to be operational and in production by Q3 2025 and be capable of producing over 25,000 high added value batteries per day enabling the Company to rapidly scale up cell production.

For further information visit the Company's website: www.amtepower.com

 

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