Issue of Shares

RNS Number : 4132W

Invinity Energy Systems PLC

22 December 2021

 

22 December 2021

Invinity Energy Systems plc

("Invinity" or the "Company")

Issue of Shares

Invinity Energy Systems plc (AIM:IES), a leading global manufacturer of utility-grade energy storage , has issued 265,619 shares relating to the exercise of options granted under the Company's Employee Share Option Plan by former Company employees (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on Wednesday 29 December 2021. 

Following the issue of the new shares, the issued share capital of the Company comprises 116,048,604 ordinary shares with one voting right per share.  The Company does not hold any shares in treasury. Therefore, this figure of 116,048,604 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of Invinity under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries :

Invinity Energy Systems plc	[phone]
Larry Zulch, Chief Executive Officer
Peter Dixon-Clarke, Chief Financial Officer Joe Worthington, Director of Communications Ralph Anderson, Corporate Relations Manager
Canaccord Genuity (Nominated Adviser and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor / James Asensio
VSA Capital (Financial Adviser and Joint Broker) Andrew Monk / Simon Barton	[phone]
Hudson Sandler (Financial PR) Nick Lyon / Nick Moore	[phone]

Notes to Editors

Invinity Energy Systems plc (AIM:IES) manufactures 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 over 10 MWh of systems deployed to date across 40 sites in 14 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and South Africa. Invinity Energy Systems plc is listed on the London Stock Exchange.

To find out more, visit  invinity.com  or call Investor Relations on [phone]

 

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