Invinity Energy Sys - Blocklisting Applications
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 or call Investor Relations on +44 (0)204 551 0361.

 

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