Facility Conversion Notice
EQTEC plc has received a conversion notice for £50,000 from the Global Investment Strategy UK Limited facility, which will be converted into 30,595,875 new ordinary shares at approximately 0.163p per share. These conversion shares are expected to be admitted to trading on AIM on or around November 14, 2025, and will rank pari passu with existing shares. Following admission, the total number of ordinary shares in issue will be 678,892,432.
Select text to share a quote on X · sign in to keep highlights & notes in your FORG notes
EQTEC plc (AIM:EQT), a provider of proprietary syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels, received on 7 November 2025 a conversion notice pursuant to the Global Investment Strategy UK Limited facility ("Facility") as announced on 24 October 2025 for the principal amount of £50,000 to be converted, under the terms of the Facility, at c. 0.163p per share into 30,595,875 new ordinary shares in the Company ("Conversion Shares").
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for admission of the 30,595,875 Conversion Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new Ordinary Shares on AIM will commence at 8.00 a.m. on or around 14 November 2025.
Following Admission, there will be 678,892,432 Ordinary Shares in issue. The Company holds no Ordinary Shares in Treasury. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Further information on the Company can be found at www.eqtec.com.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.