Eneraqua Technolgs. - Notice to appoint Administrator over a subsidiary

Eneraqua Technologies

24/07/2025 07:00

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
Guy Stenhouse, Chair
John Samuel, Chief Financial Officer
Via Alma
Alma Strategic Communication (Financial PR)
Justine James
Andy Bryant
Will Ellis Hancock
Tel: 020 3405 0205
eneraqua@almastrategic.com

  

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

 

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