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RNS Number : 7906E Eco Buildings Group PLC 24 October 2025
Reach Announcement
24 October 2025
Eco Buildings Group PLC
("Eco Buildings" or the "Company")
Update on Chilean Operations
Eco Buildings Group plc ("Eco Buildings" or the "Company"), the AIM-quoted
designer, manufacturer and builder of advanced modular housing systems, issues
the following clarification in response to recent investor enquiries and
online commentary regarding its operations in Chile.
As part of Chile's regulated social housing framework, all projects are
administered through licensed entities known as Entidades de Gestión
Inmobiliaria Social (EGIS), officially accredited Social Housing Management
Organisations that act as the primary interface between government programmes
and private sector delivery partners.
Eco Buildings' agreement in Chile is with E.P. Solhabit Ltda., a fully
licensed and accredited EGIS authorised to participate in Chile's national
social housing programme. Under this framework, Solhabit designates the
qualifying recipient families and oversees compliance with national housing
policy requirements, while Eco provides its advanced modular housing
technology and construction expertise.
The Company confirms that its collaboration with Solhabit is fully consistent
with Chilean administrative procedures and housing legislation. Eco Buildings
is also in active and extensive discussions with several additional licensed
EGIS entities, reflecting the substantial and growing demand for the Company's
innovative, high-tech, and energy-efficient building systems. There are in
excess of 370 licenced EGIS organisations in Chile.
These arrangements are set out in the Government legislation : Resolution 1439
Exenta under the New Housing Policy of the Chilean Government
Eco Buildings continues to progress these opportunities in a structured and
transparent manner, ensuring that each partnership meets both local regulatory
standards and the Company's own governance requirements.
Further updates will be provided as developments occur.
For context, investors can refer to the publicly available documentation
outlining the EGIS framework within Chile's national social housing programme.
Please use the following link:
https://www.arcom.ac.uk/-docs/proceedings/ar2008-371-380_Salvatierra-Garrido_Pasquire_and_Thorpe.pdf
(https://www.arcom.ac.uk/-docs/proceedings/ar2008-371-380_Salvatierra-Garrido_Pasquire_and_Thorpe.pdf)
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About Eco Buildings Group Plc
Eco Buildings Group Plc is a technology company redefining global housing
delivery. Its proprietary automated GFRG modular building system enables the
construction of sustainable, high-quality homes at unmatched speed and cost,
certified across multiple jurisdictions. Eco's strategy is to deploy at least
two production lines per country in partnership with governments and
developers to meet urgent housing demand worldwide. Our modular housing
solutions cater to both affordable and high-end housing markets. With a
growing portfolio of international projects, Eco Buildings is dedicated to
redefining construction for the future.
Further information is available on Eco Buildings
website: www.eco-buildings.net (http://www.eco-buildings.net/)
For more information contact:
Eco Buildings Group plc Tel: +44 (0) 207 380 0999
Dr Etrur Albani , Executive Vice Chairman
Fiona Hadfield, Finance Director
Spark Advisory Partners Limited (Nominated Adviser) Tel: +44 (0) 203 368 3550
Matt Davis / James Keeshan
Tavira Securities Limited (Broker) Tel: +44 (0) 203 192 1739
Oliver Stansfield / Jonathan Evans
CMC Capital Markets (Joint Broker)
Douglas Crippen
Tel: +44 (0) 203 003 8254
Notes
The Company has acquired proven and innovative prefabricated technology which
has been in development and commercial use since 2006. Eco Buildings' range of
prefabricated, green housing products based on glass fibre reinforced gypsum
walls ("GFRG") provides a construction solution for both affordable and
high-end housing.
Eco Buildings has already secured two sales contracts with major construction
companies, one in Albania, the other in Kosovo, which are expected to generate
gross sales revenue of approximately up to €38 million in total per annum
over the first three years (approximately €114 million in total) following
Admission.
The market share for factory-based building technology is expected to grow
significantly over the coming years as private developers and the public
sector seek to address the substantial and growing deficit in housing stock
and issues of construction cost, speed and quality and housing affordability.
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