Business
Award of Options
eEnergy Group plc announced the award of 5,650,000 nil cost ordinary share options, with 2,000,000 options granted to the Chief Financial Officer and 3,650,000 to four other employees, structured to qualify for the Enterprise Management Incentive scheme. These options are designed to incentivize and retain key personnel, aligning them with long-term shareholder value creation. The options vest on December 19, 2027, or upon a change of control, with vesting percentages tied to specific share price targets ranging from 9.32p to 15.80p. The total number of options outstanding following this award represents 2.10% of the company's issued share capital. Disclaimer*
About this update from Eenergy Group Plc
17 November 2025 eEnergy Group plc ("eEnergy", "the Company" or "the Group") Award of Options eEnergy (AIM: EAAS), a leading Energy Efficiency-as-a-Service and Energy Management-as-a-Service business in the UK, announces that the Remuneration Committee of the Board has approved the award of further nil cost share options over a total of 5,650,000 ordinary shares of £0.003 each in the capital of the Company ("Options") with 2,000,000 Options awarded to John Gahan, Chief Financial Officer and 3,650,000 Options awarded to a further four employees. The Company consulted with a number of institutional investors prior to making these awards and the feedback from those investors has been reflected in the structure of the Options award. The Options award has been made to incentivise, retain and align the wider management team of the business to help drive shareholder value over the longer term. The Options award has been structured primarily to qualify for the tax advantaged Enterprise Management Incentive ("EMI ") scheme. The awards of Options to Director and non-Directors are as follows: Name of awardee New Options Total shares under option Total options as % of issued share capital John Gahan (Director) 2,000,000 4,500,000 1.16% Non-Directors 3,650,000 3,650,000 0.94% Total 5,650,000 8,150,000 2.10% The Options announced today and options previously announced under the EMI scheme vest on the measurement date being 19 December 2027 (not evenly over three years as previously stated), or upon a change of control, subject to the Company's ordinary share price on that date as outlined below. If the share price falls in-between the figures specified below, the number of Options vesting and becoming exercisable will be determined on a straight-line (linear) basis: 9.32p 13.00p 15.80p Vesting percentage 38% 84% 100% John Gahan (Director) 760,000 1,680,000 2,000,000 Non-Directors 1,387,000 3,066,000 3,650,000 Total 2,147,000 4,746,000 5,650,000 For further information, please visit www.eenergy.com or contact: eEnergy Group plc Tel: +44 20 7078 9564 Harvey Sinclair, Chief Executive Officer John Gahan, Chief Financial Officer [email protected] Strand Hanson Limited (Nominated Adviser) Tel: +44 20 7409 3494 Richard Johnson, James Harris Canaccord Genuity Limited (Broker) Tel: +44 20 7523 8000 Max Hartley, Harry Pardoe (Corporate Broking) Tavistock Tel: +44 207 920 3150 Jos Simson, Simon Hudson, Katie Hopkins [email protected] About eEnergy Group plc eEnergy (AIM: EAAS) is revolutionising the path to Net Zero as a leading digital energy services provider for B2B and public sector organisations. We eliminate the barriers to clean energy generation and energy waste reduction, offering solutions that don't require upfront capital investment. Our vision is clear: make Net Zero possible and profitable for every organisation. Our primary services include: · Reduce : LED lighting and controls · Generate : Solar PV, ground mount, rooftop, and carport · Charge : EV charging and management software All eEnergy's services come with intelligent circuit-level energy analytics and are funded through NatWest or Siemens to provide an off-balance sheet-compliant energy-as-a-service solution. eEnergy has completed over 1,100 decarbonisation projects within the B2B and public sector. We are #1 in the education sector, having worked with over 840 schools, installing over half a million LED lights, and improving the learning environment for over 443,000 students-enough to fill Wembley Stadium almost five times over. In one year alone, eEnergy has saved the education sector £13 million in energy costs. With over 70% of schools yet to transition to LED lighting and over 90% yet to deploy solar, eEnergy estimates that at least £5.4 billion would need to be invested to install adequate rooftop solar, LED lighting, and EV charging infrastructure in UK schools. eEnergy is a market leader within the education sector and has been awarded the Green Economy Mark by the London Stock Exchange. -ends-