REG - EQTEC PLC - Facility Conversion Notice and Cancellation

EQTECAnnouncement

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RNS Number : 9188T  EQTEC PLC  23 February 2026

23 February 2026

EQTEC plc

("EQTEC" or the "Company")

 

Facility Conversion Notice and Cancellation

 

EQTEC plc (AIM: EQT), the technology-led energy transition company, announces
that it received, on 20 February 2026, a conversion notice pursuant to the
facility agreement with Global Investment Strategy UK Limited ("GIS"), as
originally announced on 24 October 2025 (the "Facility"). The conversion
notice relates to the remaining principal amount of £160,000 outstanding
under the Facility, which, in accordance with its terms, will be converted at
a price of 0.034 pence per ordinary share into 470,588,235 new ordinary shares
in the Company (the "Conversion Shares").

 

Following this conversion, the balance outstanding under the Facility will be
reduced to zero and, by mutual agreement with GIS, the Facility will be
cancelled in full.

 

Admission and Total Voting Rights

 

Application will be made to the London Stock Exchange for admission of
the 470,588,235 Conversion Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective and that
dealings in the new Ordinary Shares on AIM will commence at 8.00 a.m. on or
around 27 February 2026.

 

 The Conversion Shares will rank pari passu in all respects with the
Company's existing Ordinary Shares.

 

Following Admission, there will be 8,459,876,454 Ordinary Shares in issue. The
Company holds no Ordinary Shares in Treasury. This number may be used by
shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.

 

This announcement contains inside information as defined in Article 7 of the
EU Market Abuse Regulation No 596/2014, as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018, as
amended, and has been announced in accordance with the Company's obligations
under Article 17 of that Regulation.

 

ENQUIRIES 

 

 EQTEC plc                                         www.eqtec.com (https://eqtec.com/)

 James Parsons

  
 Strand Hanson - Nomad & Financial Adviser        +44 20 7409 3494 

 James Harris / Richard Johnson 

  
 Global Investment Strategy UK Ltd - Broker       +44 20 7048 9045 

 Samantha Esqulant 

  

 

 

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