Result of Jersey Court Hearing

Further to the announcements on 22 November 2024 and 11 December 2024, Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, is pleased to announce that the Scheme, which has the effect of redomiciling the Company to the UK by putting in place a new England and Wales incorporated parent company for the Group, has today been sanctioned by the Jersey Court at the Jersey Court Hearing.

The Scheme is expected to become effective tomorrow, and accordingly the ordinary shares in the new parent company, which is also called Invinity Energy Systems plc, are expected to be admitted to AIM and the AQSE Growth Market at 8.00 a.m. on 9 January 2025 ("Admission").

Ordinary shares held in uncertificated form are expected to be credited to the appropriate CREST accounts at 8.00 a.m. on 9 January 2025, replacing the existing ordinary shares. Share certificates for ordinary shares held in certificated form will be despatched within 14 days of Admission.

Following Admission, the security identifiers for the ordinary shares of Invinity Energy Systems plc will be:

As previously stated, the introduction of a new UK parent company for the Invinity Group and the associated reduction of capital is not expected to have any impact on the market value of the Company's shares.

In alignment with the Company's Total Voting Rights announcement on 2 January 2025, the total number of ordinary shares to be admitted to trading on AIM is 441,922,559, comprising 440,561,739 issued Ordinary Shares and 1,360,820 Ordinary Shares admitted to trading under the Blocklisting but not yet issued. The total number of Ordinary Shares admitted to trading on the Aquis Stock Exchange will be 440,561,739. The number of shares admitted to AIM is higher than the number admitted to the Aquis Stock Exchange due to the Company's blocklisting facility on AIM.

Other than where defined, capitalised terms used in this announcement have the meanings given to them in the Circular published by the Company on 22 November 2024.