Result of Meeting and Total Voting Rights
Invinity Energy Systems PLC announced that all resolutions were passed at the General Meeting. For the resolution to authorize directors to allot shares, 270,338,340 votes were cast for and 103,221 against. For the resolution to approve the disapplication of shareholder pre-emption rights, 265,467,773 votes were cast for and 4,979,953 against. Applications have been made for 128,205,128 Subscription Shares to be admitted to trading on AIM. Upon admission, the Enlarged Share Capital is expected to be up to 568,766,867 Ordinary Shares. The gross proceeds of the Subscription, totaling £25 million, have been received by the Company. Following admission, Atri Energy Transition Private Limited and Next Gen Mobility Limited will each hold 64,102,564 shares, representing 11.3% of the issued share capital.
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Invinity Energy Systems plc (AIM: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, announces that all resolutions were passed at the Company's General Meeting held today at 11.00 a.m. The result of the poll voting (including all proxies) is detailed below.
| RESOLUTION | VOTES FOR* | VOTES AGAINST | WITHHELD | ||
|---|---|---|---|---|---|
| Number of votes | % | Number of votes | Number of votes | ||
| 1 | To authorise the Directors to allot shares | 270,338,340 | 99.96 | 103,221 | 186,495 |
| 2 | To approve the disapplication of shareholder pre-emption rights | 265,467,773 | 98.16 | 4,979,953 | 230,330 |
Admission
Applications have been made to the London Stock Exchange for 128,205,128 Subscription Shares to be admitted to trading on AIM by 8.00 a.m. on 30 September 2025.
Upon Admission, the Enlarged Share Capital is expected to be up to 568,766,867 Ordinary Shares of £0.01 each with one vote per share. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The gross proceeds of the Subscription, totalling £25 million, have now been received by the Company and following Admission, will be available to the Company.
Significant Shareholders
Following Admission, the Subscribers will have the following interests in the Company
| Number of Ordinary Shares Subscribed | Resultant % of the Issued Share Capital following Admission | |
|---|---|---|
| Atri Energy Transition Private Limited | 64,102,564 | 11.3% |
| Next Gen Mobility Limited* | 64,102,564* | 11.3%* |
*Jonathan Keeling, the majority owner of Next Gen Mobility Limited, and persons closely associated with him also hold 88,327 Ordinary Shares representing 0.02% of the Issued Share Capital following Admission
The minority owner of Next Gen Mobility Limited is Artha Global Opportunities Fund which currently has a direct holding in the Company of 22,428,676 Ordinary Shares representing 3.9% of the Issued Shares Capital following Admission
Other than where defined, capitalised terms in this announcement have the meanings given to them in the Announcement released by the Company at 8.06 a.m. (London time) on 9 September 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.