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 scheme | 1,365,009 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 | 4,189 Ordinary Shares |
| Equals: Balance under the scheme of securities not yet issued at the end of the period | 1,360,820 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 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.
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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, 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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