REG - Invinity Energy Sys - Blocklisting Applications

Invinity Energy SystemsAnnouncement

21/09/2022 08:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220921:nRSU0658Aa&default-theme=true

RNS Number : 0658A  Invinity Energy Systems PLC  21 September 2022

 

21 September 2022

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Blocklisting Applications

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy storage, announces that an
application has been made to the London Stock Exchange for a block listing of
securities in respect of 1,500,000 Ordinary Shares of €0.50 each (the "New
Ordinary Shares") to be admitted to trading on AIM. It is expected that
admission will become effective on or around 26 September 2022.

 

The New Ordinary Shares will be issued when necessary, in order to satisfy the
issue of shares pursuant to the exercise of Short-Term Warrants and Long-Term
Warrants issued in the capital raising in December 2021 and the exercise of
options under the Invinity Energy Systems Employee Share Option Plan 2018.
When issued, the New Ordinary Shares will be credited as fully paid and will
rank pari passu in all respects with the existing Ordinary Shares of €0.50
each in the capital of the Company ("Ordinary Shares").

 

 

Enquiries:

 

 Invinity Energy Systems plc                             +44 (0)204 551 0361
 Peter Dixon-Clarke, Chief Financial Officer

 Joe Worthington, Director of Communications

 Canaccord Genuity (Nominated Adviser and Joint Broker)  +44 (0)20 7523 8000
 Henry Fitzgerald-O'Connor / James Asensio

 VSA Capital (Financial Adviser and Joint Broker)        +44 (0)20 3005 5000
 Andrew Monk / Simon Barton

 EAS Advisors LLC (US Corporate Advisor)                 +1 (646) 495 2225
 Matthew Bonner / Chris Chesworth

 

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 over 33
MWh of systems deployed to date across more than 50 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 listed on the AIM Market of the London Stock Exchange and on
the Aquis Stock Exchange (AQSE). The Company also trades in the USA on OTCQX
Best Market under the symbol "IESVF".

 

To find out more, visit invinity.com (https://invinity.com/?utm_source=rns) or
call Investor Relations on +44 (0)204 551 0361.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NEXFBLLLLKLZBBK