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ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
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APPLICANT NAME:
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Invinity Energy Systems plc
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APPLICANT REGISTERED OFFICE, PRINCIPAL PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
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Incorporated in Jersey under the Companies Law with registered no: 92432
Registered office:
3rd Floor
Standard Bank House
47-49 La Motte Street
St Helier
Jersey
JE2 4SZ
Principal places of business:
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UK:
Suite 4.12 Clerkenwell Workshops
27-31 Clerkenwell Close
London, EC1R 0AT
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Canada:
1445 Powell St
Vancouver, BC V5L 1G8
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DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):
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Neil O'Brien
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(Non-executive Chairman)
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Larry Zulch
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(Chief Executive Officer)
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Peter Dixon-Clarke
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(Chief Financial Officer)
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Matt Harper
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(Chief Commercial Officer)
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Jonathan Marren
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(Senior Independent Director)
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Rajat Kohli
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(Non-executive Director)
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Michael Farrow
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(Non-executive Director)
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Kristina Peterson
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(Non-executive Director)
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There are no proposed directors
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APPLICANT SECTOR:
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Alternative Energy
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DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
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Invinity Energy Systems plc manufactures flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.
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NAME OF AQSE CORPORATE ADVISER:
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VSA Capital Limited
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NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
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116,048,604 ordinary shares of €0.50 each
14,465,082 Short-Term Warrants
14,465,082 Long-Term Warrants
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SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
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Ordinary
Shares
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Long-Term Warrants
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Short-Term
Warrants
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Securities in public hands
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71.82%
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30.06%
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30.06%
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Excluding shareholders and warrantholders holding over 10% of the securities in issue and directors' holdings
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SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT'S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
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Holdings both pre- and post- admission
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Ordinary
Shares
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Long-Term Warrants
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Short-Term
Warrants
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Schroders plc
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24.63%
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25.96%
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25.96%
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GSR Ventures
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7.32%
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Amati Global Investors Limited
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5.86%
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23.50%
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23.50%
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Fidelity International Limited
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5.80%
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20.39%
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20.39%
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Johnson Chiang
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5.19%
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No major shareholder has any different voting rights from other shareholders
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TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
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No offer is planned
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THE EXPECTED ADMISSION DATE:
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9 March 2022
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WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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In respect of a fast-track applicant, the following information should also be included:
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NAME OF MARKET ON WHICH THE APPLICANT'S SECURITIES ARE CURRENTLY TRADED:
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AIM (ordinary shares only)
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ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANT'S SECURITIES:
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CREST
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DETAILS OF ANY LOCK-IN ARRANGEMENTS:
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None
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DETAILS OF THE LEGAL OR REGULATORY REQUIREMENTS IN THE APPLICANT'S HOME COUNTRY REGARDING THE CONDUCT OF TAKEOVERS AND THE ACQUISITION OF SIGNIFICANT VOTING RIGHTS TO WHICH THE APPLICANT IS SUBJECT:
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The Company is subject to the Takeover Code
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In respect of an update to a prior application announcement, the date of the original announcement should also be disclosed as follows:
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UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:
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