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RNS Number : 0070F Eco Buildings Group PLC 28 October 2025
Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.
28 October 2025
Eco Buildings Group plc
("Eco" or the "Company")
Issue of Equity
Eco Buildings Group Plc (ECOB), a modular housing company, announces that it
has issued 192,307 new ordinary shares following receipt of a warrant notice
of £25,000 on the warrants issued on the 14 May 2025 at a conversion price of
13 pence per share (the "Conversion").
Admission & Total Voting Rights
The new ordinary shares in relation to the Conversion will rank pari passu
with the existing ordinary shares in all respects. Admission of the new
ordinary shares on the AIM Market pursuant to the Conversion will occur on or
around 31 October 2025.
Following the admission of the new ordinary shares in relation to the
Conversion, the total issued share capital of the Company will be 121,404,054
ordinary shares, each with voting rights. The above figure 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 to
their interest in, the Company, under the Disclosure and Transparency Rules.
The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014.
For more information on Eco Buildings please visit www.eco-buildingsplc.com
(http://www.eco-buildingsplc.com) or contact:
Eco Buildings Group plc Tel: +44 (0)20 7380 0999
Etrur Albani, Executive Vice Chairman
Fiona Hadfield, Finance Director
Spark Advisory Partners Limited (Nominated Adviser) Tel: +44 (0)20 3368 3550
Matt Davis / James Keeshan
Tavira Financial Limited (Joint Broker) Tel: +44 (0)20 3192 1739
Oliver Stansfield/Jonathan Evans
CMC Markets UK Plc (Joint Broker) Tel: +44 (0)20 71708200
Douglas Crippen
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
panels ("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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