Block listing Interim Review & Total Voting Rights

Invinity Energy Systems PLC
21 September 2023
 

 

 

21 September 2023

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Blocklisting Interim Update and 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)

21/03/2023 to 20/09/2023

Number and Class of Securities not issued at the start of the period under the scheme

1,400,267 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

124 Ordinary Shares

Equals: Balance under the scheme of securities not yet issued at the end of the period

1,400,143 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 50 Ordinary Shares of €0.01 each (the "New Ordinary Shares") pursuant to the exercise of Short-Term Warrants, which were issued as part of the capital raising in December 2021, under the Company's existing block listing entitlement.

 

Following the issue of the New Ordinary Shares the issued ordinary share capital of the Company comprises 191,032,173 ordinary shares of €0.01 each 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 block listing entitlement. 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 today.

 

The Company has 14,464,178 Short-Term Warrants and 14,464,415 Long-Term Warrants outstanding, both of which are admitted to trading on the Aquis Stock Exchange.

 

 

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 Development Officer and Interim CFO

Joe Worthington, Director of Communications




Canaccord Genuity (Nominated Adviser and Joint Broker)

+44 (0)20 7523 8000

Henry Fitzgerald-O'Connor / Harry Pardoe / Gordon Hamilton




VSA Capital (Financial Adviser and Joint Broker)

+44 (0)20 3005 5000

Andrew Monk / Andrew Raca / Alex Cabral




Tavistock (Financial PR Advisor)

+44 (0)20 7920 3150

Simon Hudson / Charles Baister

invinity@tavistock.co.uk

 

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 over 65 MWh of systems already deployed or contracted for delivery across over 70 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 listed 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 

 

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