Company Announcements

Block listing Interim Review

Source: RNS
RNS Number : 4813K
Invinity Energy Systems PLC
12 April 2024
 

 

 

12 April 2024

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Blocklisting Interim Update

 

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)

21/09/2023 to 20/03/2024

Number and Class of Securities not issued at the start of the period under the scheme

1,400,143 Ordinary Shares of €0.01 each ("Ordinary Shares")

Plus: the amount for which a blocklisting application has been made since the last date of return

Nil

Less: Number of securities issued under the scheme during the period

35,134 Ordinary Shares

Equals: Balance under the scheme of securities not yet issued at the end of the period

1,365,009 Ordinary Shares

Number and class of securities originally admitted and the date of admission

1,500,000 Ordinary Shares admitted on 26 September 2022

 

The Company has 14,463,665 Long-Term Warrants outstanding which are admitted to trading on the Aquis Stock Exchange.

 

Stay up to date with news from Invinity. Join the distribution list for the Company's monthly investor newsletter here.

 

Enquiries:

 

Invinity Energy Systems plc

+44 (0)20 4551 0361

Jonathan Marren, Chief Financial Officer and Chief Development Officer

Joe Worthington, Director of Communications




Canaccord Genuity (Nominated Adviser and Joint Broker)

+44 (0)20 7523 8000

Henry Fitzgerald-O'Connor / Harry Pardoe




VSA Capital (Financial Adviser and Joint Broker)

+44 (0)20 3005 5000

Andrew Monk / Andrew Raca




Tavistock (Financial PR Advisor)

+44 (0)20 7920 3150

Simon Hudson / Saskia Sizen

invinity@tavistock.co.uk

 

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 75 MWh of systems already deployed or contracted for delivery across over 79 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 in the UK on AIM and AQSE and trades in the USA on OTCQX.

 

To find out more, visit invinity.com, sign up to our monthly Investor Newsletter here or contact Investor Relations on via +44 (0)20 4551 0361 or ir@invinity.com 

 

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