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RNS Number : 4976R Invinity Energy Systems PLC 30 December 2024
30 December 2024
Invinity Energy Systems plc
("Invinity" or the "Company")
Notification of Transactions by Directors
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy storage, announces that it was
notified on 27 December 2024 that Neil O'Brien (Non-executive Chairman),
Jonathan Marren (CEO) and Adam Howard (CFO) have purchased an aggregate of
404,013 ordinary shares in the Company ("Ordinary Shares").
Following this transaction, Neil O'Brien now holds a total of 300,625 Ordinary
Shares, representing 0.07% of the current issued share capital. Jonathan
Marren now holds a total of 414,680 Ordinary Shares, representing 0.09% of the
current issued share capital and Adam Howard now holds a total of 134,333
Ordinary Shares, representing 0.03% of the current issued share capital.
1 Details of the person discharging managerial responsibilities
a) Name Neil O'Brien
2 Reason for the notification
a) Position/status Non-Executive Chairman
b) Initial notification/ Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Invinity Energy Systems plc
b) LEI 213800N2NKOTYUNRCU14
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of €0.01 each
b) Identification code of the Financial Instrument JE00BLR94N79
c) Nature of the transaction Purchase of shares
d) Price(s) and volume(s)
Price(s) Volume(s)
14.85p 135,000
e) Aggregated information: volume, Price N/A
f) Date of the transaction 27 December 2024
g) Place of the transaction London Stock Exchange (XLON)
e)
Aggregated information: volume, Price
N/A
f)
Date of the transaction
27 December 2024
g)
Place of the transaction
London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities
a) Name Jonathan Marren
2 Reason for the notification
a) Position/status CEO
b) Initial notification/ Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Invinity Energy Systems plc
b) LEI 213800N2NKOTYUNRCU14
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of €0.01 each
b) Identification code of the Financial Instrument JE00BLR94N79
c) Nature of the transaction Purchase of shares
d) Price(s) and volume(s)
Price(s) Volume(s)
14.85p 134,680
e) Aggregated information: volume, Price N/A
f) Date of the transaction 27 December 2024
g) Place of the transaction London Stock Exchange (XLON)
e)
Aggregated information: volume, Price
N/A
f)
Date of the transaction
27 December 2024
g)
Place of the transaction
London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities
a) Name Adam Howard
2 Reason for the notification
a) Position/status CFO
b) Initial notification/ Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Invinity Energy Systems plc
b) LEI 213800N2NKOTYUNRCU14
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of €0.01 each
b) Identification code of the Financial Instrument JE00BLR94N79
c) Nature of the transaction Purchase of shares
d) Price(s) and volume(s)
Price(s) Volume(s)
14.85p 134,333
e) Aggregated information: volume, Price N/A
f) Date of the transaction 27 December 2024
g) Place of the transaction London Stock Exchange (XLON)
e)
Aggregated information: volume, Price
N/A
f)
Date of the transaction
27 December 2024
g)
Place of the transaction
London Stock Exchange (XLON)
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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