Business
Holdings in Company
EQTEC PLC has received a TR1 notification from Rebel Ion Limited, indicating an acquisition of voting rights. Rebel Ion Limited now holds 28.26% of the voting rights, totaling 191,882,353 shares, as of November 28, 2025. This notification follows previous discussions regarding a proposed transaction involving EQTEC, Rebel Ion Limited, and the company's existing lenders, which remain ongoing. Disclaimer*
About this update from Forgent Plc
9 December 2025 EQTEC plc ("EQTEC" or the "Company") Holdings in Company EQTEC plc (AIM:EQT), a provider of syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels, announces that it has received a TR1 notification of major holdings from Rebel Ion Limited as set out further below . The Company also refers to its Corporate and Funding Update announcement dated 24 November 2025, which set out details of ongoing discussions regarding a proposed transaction involving the Company, Rebel Ion Limited and the Company's existing lenders. These discussions remain ongoing and the Company will provide further updates as appropriate. ENQUIRIES EQTEC plc James Parsons +44 20 3883 7009 Strand Hanson - Nomad & Financial Adviser James Harris / Richard Johnson +44 20 7409 3494 Global Investment Strategy UK Ltd - Broker Samantha Esqulant +44 20 7048 9045 TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : EQTEC PLC 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii : 3. Details of person subject to the notification obligation iv Name REBEL ION LIMITED City and country of registered office (if applicable) LONDON, ENGLAND, UK 4. Full name of shareholder(s) (if different from 3.) v Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached vi : 28/11/2025 6. Date on which issuer notified (DD/MM/YYYY): 08/12/2025 7. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B) vii Resulting situation on the date on which threshold was crossed or reached 28.26 0.00 28.26 191,882,353 Position of previous notification (if applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of shares ISIN code (if possible) Number of voting rights ix % of voting rights Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Indirect (DTR5.2.1) IE000955MAJ1 191,882,353 - 28.26 - SUBTOTAL 8. A 191,882,353 28.26 B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of financial instrument Expiration date x Exercise/ Conversion Period xi Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Type of financial instrument Expiration date x Exercise/ Conversion Period xi Physical or cash Settlement xii Number of voting rights % of voting rights SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv X Name xv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold DIDIER CASIMIRO 28.26 0.00 28.26 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi Place of completion LONDON, ENGLAND, UK Date of completion 5 DECEMBER 2025