THIS ANNOUNCEMENT, (THE "ANNOUNCEMENT") AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
FURTHER, THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE SHARES IN INVINITY ENERGY SYSTEMS PLC IN ANY JURISDICTION.
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY INVINITY ENERGY SYSTEMS PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
19 October 2026
Invinity Energy Systems plc
("Invinity" or the "Company")
Proposed Fundraise and Capital Access Window
Invinity Energy Systems plc (AIM: IES), a global leader in vanadium flow battery (“VFB”) technology, is pleased to announce its intention to undertake a subscription (the “Subscription”) and an institutional placing (the “Placing”) to raise, in aggregate, minimum gross proceeds of approximately £20.0 million.
Alongside the Subscription and Placing, the Company also intends to launch a separate retail offer (the "Retail Offer") (together with the Subscription and Placing, the “Proposed Fundraise”). The Proposed Fundraise will all be conducted at an issue price of 10 pence per new ordinary share.
The Company has received strong indications of interest from existing shareholders and potential new investors to support the Subscription and Placing.
Completion of the Proposed Fundraise will be subject to, among other things, shareholder approval at a General Meeting of the Company. Notice of the General Meeting will be included in a shareholder circular, which will be posted to shareholders after the Proposed Fundraise has been finalised.
Capital Access Window
The Company has decided to utilise a Capital Access Window for the Proposed Fundraise. The Capital Access Window is a voluntary pause in trading of a company's shares permitted under the AIM Rules for Companies, designed to make it easier for companies to reach a broader range of investors during a fundraise.
Accordingly, the Company's ordinary shares will enter a Capital Access Window as at 7.30 a.m. today and trading in the ordinary shares will be temporarily suspended. The Company expects to announce the details of the Proposed Fundraise, including the terms and conditions, in due course. The Capital Access Window will remain open until the conclusion of the Proposed Fundraise, after which trading in the ordinary shares is expected to be restored.
The Placing is being arranged by Canaccord Genuity Limited, Panmure Liberum Limited and VSA Capital Limited (the “Joint Bookrunners”).
This announcement does not constitute an offer of securities in any jurisdiction. Further announcements will be made as and when appropriate.
Enquiries:
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Invinity Energy Systems plc |
+44 (0)20 4551 0361 |
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Jonathan Marren, Chief Executive Officer Joe Worthington, Senior Director, Corporate Affairs |
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Canaccord Genuity (Nominated Adviser, Joint Broker and Joint Bookrunner) |
+44 (0)20 7523 8000 |
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Henry Fitzgerald-O'Connor / Harry Pardoe / Charlie Hammond Sam Lucas / Darren Furby (ECM) |
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Panmure Liberum (Joint Broker and Joint Bookrunner) |
+44 (0)20 3100 2000 |
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Scott Mathieson / Amrit Mahbubani / Inaya Rafique Mark Murphy / Sam Elder (ECM) |
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VSA Capital (Joint Broker and Joint Bookrunner) |
+44 (0)20 3005 5000 |
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Andrew Monk / Andrew Raca |
Notes to Editors
Invinity Energy Systems plc (AIM: IES) is a world-leading manufacturer of vanadium flow batteries for energy storage. Built in our factories in the UK and Canada, the Company's proven, commercialised, flexible energy storage technology has been deployed at scale and dispatched gigawatt-hours of electricity for customers across the world.
Invinity's safe, scalable and durable battery technology is a trusted and safer alternative to lithium-ion batteries. Endurium VFBs are engineered for heavy-duty, high throughput applications, they don't wear out, cannot catch fire and are designed to be operated for 30 years or more. Our products address the challenges of our global energy system, unlocking the power of renewable generation by delivering energy storage without limits.
To find out more, visit invinity.com, sign up to our monthly Investor Newsletter here or contact Investor Relations on +44 (0)20 4551 0361 or ir@invinity.com.
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