WRAP Retail Offer for up to £2 million
eEnergy Group Plc is launching a retail offer to raise up to £2 million by issuing new ordinary shares at 0.3 pence each, with up to 666,666,666 shares available. This retail offer, which opens on October 2, 2026, and closes on October 5, 2026, is conditional on the completion of a separate placing and subscription aiming to raise approximately £6.3 million. The proceeds from both the retail offer and the placing/subscription will be used for the same purposes, with admission of the retail offer shares to AIM anticipated on October 26, 2026.
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eEnergy Group Plc (AIM: EAAS) is pleased to announce a retail offer via the Winterflood Retail Access Platform (“WRAP”) to raise up to £2 million (the “Retail Offer”) through the issue of new ordinary shares of 0.3 pence each in the capital of the Company (“Ordinary Shares”). Under the Retail Offer up to 666,666,666 new Ordinary Shares (the “Retail Offer Shares”) will be made available to new retail investors and existing shareholders at a price of 0.3 pence per share (the “Issue Price”).
In addition to the Retail Offer the Company is conducting a placing of new Ordinary Shares (the “Placing”) and a subscription of new Ordinary Shares (the “Subscription”) to raise approximately £6.3 million before expenses, both at the Issue Price.
A separate announcement has today been made regarding the Placing and Subscription, containing their terms, the reasons for the Placing and Subscription and the use of proceeds. The proceeds of the Retail Offer will be utilised in the same way as the proceeds of the Placing and Subscription.
For the avoidance of doubt, the Retail Offer is not part of the Placing. Completion of the Retail Offer is conditional, inter alia, upon the completion of the Placing but completion of the Placing is not conditional on the completion of the Retail Offer.
The issue of the Retail Offer Shares is conditional upon, inter alia, the passing of certain resolutions to be put to shareholders of eEnergy Group plc at a General Meeting, which is expected to be convened for 23 October 2026.
The Retail Offer is conditional on the Retail Offer Shares being admitted to trading on the AIM Market (“AIM“) of London Stock Exchange plc (“Admission”). It is anticipated that Admission will become effective and that dealings in the Retail Offer Shares will commence on AIM, at 08.00 a.m. on 26 October 2026.
Expected Timetable in relation to the Retail Offer
| Retail Offer opens | 7.00 a.m. on 2 October 2026 |
| Latest time and date for commitments under the Retail Offer (Please note that intermediaries’ closing times may differ) | 4.30 p.m. on 5 October 2026 |
| Results of the Retail Offer announced | 7.00 a.m. on 6 October 2026 |
| Admission and commencement of dealings in Retail Offer Shares issued on the London Stock Exchange | 8.00 a.m. on 26 October 2026 |
WRAP Retail Offer
Therefore, the Company is making the Retail Offer open to eligible investors in the United Kingdom, being new or existing shareholders of eEnergy Group Plc, following release of this announcement and through certain financial intermediaries.
The Retail Offer is expected to close at 4.30 p.m. on 5 October 2026. Eligible retail investors should note that financial intermediaries may have earlier closing times. The result of the Retail Offer is expected to be announced by the Company on or around 7.00 a.m. on 6 October 2026.
It should be noted that a subscription for new Ordinary Shares and investment in the Company carries a number of risks, including the risk that investors may lose their entire investment. Investors should take independent advice from a person experienced in advising on investment in securities such as the Ordinary Shares if they are in any doubt.
The Company's LEI is 2138003SZQSPC16PLX94.
UK Product Governance Requirements
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