REG - Pineapple Power Corp - Restoration of Listing

Pineapple PowerAnnouncement

04/09/2025 08:00

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RNS Number : 9002X  Pineapple Power Corporation PLC  04 September 2025

This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of English
Law by virtue of the European (Withdrawal) Act 2018, as amended.  On
publication of this announcement via a Regulatory Information Service, this
information is considered to be in the public domain

September 4, 2025

Pineapple Power Corporation PLC ("Company" or "Pineapple")

Termination of proposed acquisition of Buffalo Battery Metals PTY Limited
(Buffalo)

Request to lift suspension of Listing and resumption of trading

 

Pineapple Power Corporation PLC previously announced on 2 May 2025 the
proposed acquisition of Buffalo Battery Metals PTY. Despite significant effort
by both parties, Pineapple and Buffalo have mutually agreed to discontinue
discussions on the proposed acquisition.

Accordingly, Pineapple has applied to the FCA to lift the suspension of the
Company's ordinary shares from the Official List and from trading on the Main
Market of the London Stock Exchange (LON:LSEG). The Company anticipates
trading will resume shortly.

Pineapple considered the proposed acquisition internally and as such no
external due diligence costs have been incurred in connection with the
proposed acquisition.

Clive de Larrabeiti, Corporate Finance Advisor to the Company stated - "It is
regretful that the proposed amalgamation with Buffalo Battery Metals could not
be completed despite the best efforts of both parties. However, the resumption
of trading on the Main Market of the LSE will bring additional opportunities
for the company and its shareholders as Pineapple is now one of very few
available cash shells still listed on this market which enables an expeditious
route to the international financial markets.

I am pleased to report that the Company has, over the past month, received a
number of enquiries from interested companies, which we are actively exploring
and will update the market in due course."

ENQUIRIES

For further information, please visit - www.pineapple-powercorp.com
(http://www.pineapple-powercorp.com/) ,  or contact:

 Pineapple Power Corporation PLC

 Clive de Larrabeiti                 +44 203 039 3913

 Corporate Finance Advisor

 clive.d.l@pineapple-powercorp.com   +44 797 317 7973

 Corporate Broker                    +44 207 220 9791

 Peterhouse Capital

 Charles Goodfellow

 cg@peterhousecap.com

 Media Relations

 David Burton

 Total Market Solutions

 davidburton.tms@gmail.com

 

 

 

 

 

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