REG - Eco Buildings Group - Fundraise of £600,000

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RNS Number : 1784Z  Eco Buildings Group PLC  12 September 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.

12  September 2025

Eco Buildings Group plc

(the "Company" or the "Group")

Fundraise of £600,000

Eco Buildings Group Plc (ECOB), a modular housing company, announces that it
has raised an aggregate of £600,000 through a firm placing of new ordinary
shares at a placing price of 4 pence per share ("Placing Price") arranged by
its broker, Tavira Financial Limited.

 

Firm Placing

The Company has raised gross proceeds of £600,000 through the Placing of
15,000,000 new ordinary shares at the Placing Price ("Placing").  The Placing
enables the Company to fast-track its growth and has been undertaken at the
same price as the Convertible Note announced last week.

Use of Funds

The Placing proceeds will be used to enable the Company to expand
manufacturing capacity at the facility and secure and commence construction on
additional contracts currently under negotiation. These contracts are expected
to utilise the Company's fully operating manufacturing facilities in Albania
and compliment the recently announced apartment block development in Tirana.
The funds will also accelerate delivery of large-scale contracts in Albania.

 

Admission & Total Voting Rights

The new ordinary shares in relation to the Firm Placing will rank pari passu
with the existing ordinary shares in all respects. Admission of the new
ordinary shares for the Firm Placing to the AIM Market will occur on or around
18 September 2025.

Following the admission of the new ordinary shares in relation to the Firm
Placing, the total issued share capital of the Company will be 116,211,747
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.

Etrur Albani, Vice Executive Chairman , commented: "This successful placing
underlines investor belief in Eco Buildings' vision. With this support we can
complete our first major projects, expand manufacturing capacity and deliver
innovative, sustainable housing at scale. The strengthened balance sheet
allows Eco Buildings to progress new GFRG production lines and strategic
partnerships."

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 (Broker)                                                  Tel: +44 (0)20 3192 1739

 Oliver Stansfield/Jonathan Evans
 CMC Capital Markets (joint Broker)                                                 Tel: +44 (0) 203 003 8632

 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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