REG - Eneraqua Technolgs. - Notice to appoint Administrator over a subsidiary

Eneraqua TechnologiesAnnouncement

24/07/2025 07:00

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RNS Number : 2670S  Eneraqua Technologies PLC  24 July 2025

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 24 July 2025

Eneraqua Technologies plc

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

 

Notice to appoint an Administrator over a subsidiary

In the announcement of 9 July 2025, the Board of Eneraqua reported that
Cenergist Limited, the Group's major trading subsidiary, was in the process
of filing a notice of intention to appoint Interpath Advisory ("Interpath")
as administrators and that Interpath would be managing an accelerated sale
process to seek potential buyers of the business and assets of Cenergist.

This process is ongoing and as the first notice has now expired, a second
notice of intention to appoint Interpath as administrators has been filed.

The Company's shares remain suspended from trading on AIM and further
announcements will be made as and when appropriate.

 For further information please contact:

 Eneraqua Technologies plc                    Via Alma

 Guy Stenhouse, Chair

 John Samuel, Chief Financial Officer

 Alma Strategic Communication (Financial PR)

 Justine James                                Tel: 020 3405 0205

 Andy Bryant                                  eneraqua@almastrategic.com

 Will Ellis Hancock

 

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water
efficiency. The Group operates in two markets, energy and water. In Energy,
the Group is focused on clients with end of life gas, oil or electric heating
and hot water systems. The Group provides turnkey retrofit district or
communal heating systems based either on high-efficiency gas or ground/air
source heat pump solutions that support Net Zero and decarbonisation goals.

 

Water is a growing service offering focused on water efficiency upgrades for
utilities and commercial clients including hotels and care homes.

 

The Group's activities are underpinned by its wholly-owned intellectual
property, the Control Flow HL2024 family of products, which reduce water
wastage and improve the performance of heating and hot water systems.

 

The Group's main country of operation is the United Kingdom. The Group's head
office is based in London with additional offices in Leeds, Sunderland, India,
Spain and the Netherlands. The Group has over 200 employees, with the majority
employed within the UK.

 

To find out more, please visit:  www.eneraquatechnologies.com
(http://www.eneraquatechnologies.com/)

 

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