REG - Invinity Energy Sys - Block listing Interim Review & Total Voting Rights

Invinity Energy SystemsAnnouncement

02/01/2025 07:00

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RNS Number : 5037R  Invinity Energy Systems PLC  02 January 2025

 

 

2 January 2025

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Blocklisting Interim Review & Total Voting Rights

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy storage, provides the following
update in accordance with Schedule Six of the AIM Rules for Companies
regarding its existing blocklisting arrangements.

 

 Name of company                                                                 Invinity Energy Systems plc
 Name of scheme                                                                  Warrant exercise & Employee share option listing
 Period of return (from / to)                                                    21/09/2024 to 02/01/2025
 Number and Class of Securities not issued at the start of the period under the  1,365,009 Ordinary Shares of €0.01 each ("Ordinary Shares")
 scheme
 Plus: the amount for which a blocklisting application has been made since the   Nil
 last date of return
 Less: Number of securities issued under the scheme during the period            4,189 Ordinary Shares
 Equals: Balance under the scheme of securities not yet issued at the end of     1,360,820 Ordinary Shares
 the period
 Number and class of securities originally admitted and the date of admission    1,500,000 Ordinary Shares admitted on 26 September 2022

 

The Company also announces that it has issued 4,189 Ordinary Shares of €0.01
each (the "New Ordinary Shares") pursuant to the exercises of Long-Term
Warrants which were issued as part of the capital raising in December 2021.
All of the Ordinary Shares were issued under the Company's existing
blocklisting entitlement.

 

Following the issue of the New Ordinary Shares the issued ordinary share
capital of the Company comprises 440,561,739 Ordinary Shares with one vote per
share. Therefore, this figure can be used by shareholders as the denominator
for the calculations by which to determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure and Transparency Rules.

 

The New Ordinary Shares are already admitted to trading on AIM under the
Company's existing blocklisting entitlement. The total number of Ordinary
Shares admitted to trading on AIM remains 441,922,559, comprising 440,561,739
issued Ordinary Shares and 1,360,820 Ordinary Shares admitted to trading under
the Blocklisting but not yet issued.

 

An application has been made for the New Ordinary Shares to be admitted to
trading on the Aquis Stock Exchange and dealings are expected to commence on 2
January 2025, following which, the total number of Ordinary Shares admitted to
trading on the Aquis Stock Exchange will be 440,561,739. The number of shares
admitted to AIM is higher than the number admitted to the Aquis Stock Exchange
due to the Company's block-listing facility on AIM.

 

 

Stay up to date with news from Invinity. Join the distribution list for the
Company's monthly investor newsletter here
(https://invinity.com/newsletter/?utm_source=iesrns) .

 

Enquiries:

 

 Invinity Energy Systems plc                                               +44 (0)20 4551 0361
 Jonathan Marren, Chief Executive Officer

 Joe Worthington, Senior Director, Corporate Affairs

 Canaccord Genuity (Nominated Adviser and Joint Broker)                    +44 (0)20 7523 8000
 Henry Fitzgerald-O'Connor / Harry Pardoe / Charlie Hammond

 VSA Capital (AQSE Corporate Advisor, Financial Adviser and Joint Broker)  +44 (0)20 3005 5000
 Andrew Monk / Andrew Raca

 

Notes to Editors

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) manufactures
vanadium flow batteries for large-scale, high-throughput energy storage
requirements of business, industry and electrical networks.

 

Invinity's factory-built flow batteries run continually with no degradation
for over 25 years, making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on Invinity's
batteries are safe, reliable, and economical, and range in size from less than
250 kilowatt-hours to tens of megawatt-hours.

 

Invinity was created in April 2020 through the merger of two flow battery
industry leaders: redT energy plc and Avalon Battery Corporation. With 75 MWh
of systems already deployed or contracted for delivery across 82 sites in 15
countries, Invinity is active in all major global energy storage markets and
has operations in the UK, Canada, USA, China and Australia. Invinity Energy
Systems plc is quoted in the UK on AIM and AQSE and trades in the USA on
OTCQX.

 

To find out more, visit invinity.com (https://invinity.com/?utm_source=rns) ,
sign up to our monthly Investor Newsletter here
(https://invinity.com/newsletter/?utm_source=iesrns) or contact Investor
Relations on via +44 (0)20 4551 0361 or ir@invinity.com
(mailto:ir@invinity.com) .

 

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