REG - eEnergy Group PLC - Award of Options

EenergyAnnouncement

17/11/2025 15:30

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RNS Number : 8558H  eEnergy Group PLC  17 November 2025

17 November 2025

 

 

 

eEnergy Group plc

("eEnergy", "the Company" or "the Group")

 

Award of Options

 

eEnergy (AIM: EAAS), a leading Energy Efficiency-as-a-Service and Energy
Management-as-a-Service business in the UK, announces that the Remuneration
Committee of the Board has approved the award of further nil cost share
options over a total of 5,650,000 ordinary shares of £0.003 each in the
capital of the Company ("Options") with 2,000,000 Options awarded to John
Gahan, Chief Financial Officer and 3,650,000 Options awarded to a further four
employees. The Company consulted with a number of institutional investors
prior to making these awards and the feedback from those investors has been
reflected in the structure of the Options award.

The Options award has been made to incentivise, retain and align the wider
management team of the business to help drive shareholder value over the
longer term.  The Options award has been structured primarily to qualify for
the tax advantaged Enterprise Management Incentive ("EMI ") scheme.

The awards of Options to Director and non-Directors are as follows:

  Name of awardee       New Options  Total shares under option  Total options as % of issued share capital
 John Gahan (Director)  2,000,000    4,500,000                  1.16%
 Non-Directors          3,650,000    3,650,000                  0.94%
 Total                  5,650,000    8,150,000                  2.10%

 

The Options announced today and options previously announced under the EMI
scheme vest on the measurement date being 19 December 2027 (not evenly over
three years as previously stated), or upon a change of control, subject to the
Company's ordinary share price on that date as outlined below. If the share
price falls in-between the figures specified below, the number of Options
vesting and becoming exercisable will be determined on a straight-line
(linear) basis:

                        9.32p         13.00p        15.80p
 Vesting percentage     38%           84%           100%
 John Gahan (Director)  760,000       1,680,000     2,000,000
 Non-Directors          1,387,000     3,066,000     3,650,000
 Total                  2,147,000     4,746,000     5,650,000

 

For further information, please visit www.eenergy.com (http://www.eenergy.com)
or contact:

 

 eEnergy Group plc                              Tel: +44 20 7078 9564
 Harvey Sinclair, Chief Executive Officer       info@eenergy.com (mailto:info@eenergy.com)

 John Gahan, Chief Financial Officer

 Strand Hanson Limited (Nominated Adviser)      Tel: +44 20 7409 3494
 Richard Johnson, James Harris

 Canaccord Genuity Limited (Broker)             Tel: +44 20 7523 8000
 Max Hartley, Harry Pardoe (Corporate Broking)

 Tavistock                                      Tel: +44 207 920 3150
 Jos Simson, Simon Hudson, Katie Hopkins        eEnergy@tavistock.co.uk (mailto:eEnergy@tavistock.co.uk)

 

About eEnergy Group plc

eEnergy (AIM: EAAS) is revolutionising the path to Net Zero as a leading
digital energy services provider for B2B and public sector organisations. We
eliminate the barriers to clean energy generation and energy waste reduction,
offering solutions that don't require upfront capital investment. Our vision
is clear: make Net Zero possible and profitable for every organisation.

 

Our primary services include:

·      Reduce: LED lighting and controls

·      Generate: Solar PV, ground mount, rooftop, and carport

·      Charge: EV charging and management software

 

All eEnergy's services come with intelligent circuit-level energy analytics
and are funded through NatWest or Siemens to provide an off-balance
sheet-compliant energy-as-a-service solution.

 

eEnergy has completed over 1,100 decarbonisation projects within the B2B and
public sector. We are #1 in the education sector, having worked with over 840
schools, installing over half a million LED lights, and improving the learning
environment for over 443,000 students-enough to fill Wembley Stadium almost
five times over. In one year alone, eEnergy has saved the education sector
£13 million in energy costs. With over 70% of schools yet to transition to
LED lighting and over 90% yet to deploy solar, eEnergy estimates that at least
£5.4 billion would need to be invested to install adequate rooftop solar, LED
lighting, and EV charging infrastructure in UK schools.

 

eEnergy is a market leader within the education sector and has been awarded
the Green Economy Mark by the London Stock Exchange.

 

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