WRAP Retail Offer for up to £5,000,000
Retail offer announced to raise up to £5m at 10p per share via WRAP platform.
- Retail Offer size up to £5,000,000
- Issue Price 10 pence per share
- Retail Offer Shares up to 50,000,000
- Total fundraise (Retail + Placing + Subscription) minimum £20,000,000 plus up to £5,000,000
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Invinity Energy Systems plc (AIM: IES), a global leader in vanadium flow battery (“VFB”) technology, is pleased to announce a retail offer via the Winterflood Retail Access Platform (“WRAP”) to raise up to £5,000,000 (the “Retail Offer”) through the issue of new ordinary shares of £0.01 each in the capital of the Company (“Ordinary Shares”). Under the Retail Offer up to 50,000,000 new Ordinary Shares (the “Retail Offer Shares”) will be made available at a price of 10 pence per share (the “Issue Price”).
The Retail Offer is open to new and existing shareholders of Invinity Energy Systems plc. If the Retail Offer is oversubscribed, the Company intends to prioritise allocations for existing shareholders.
In addition to the Retail Offer, the Company is also proposing a placing of new Ordinary Shares (the “Placing”) and a subscription of new Ordinary Shares (the “Subscription”) to raise a minimum of £20,000,000 (before expenses), at the Issue Price. A separate announcement has been made regarding the Placing and its terms and sets out the reasons for the Placing and use of proceeds. The proceeds of the Retail Offer will be utilised in the same way as the proceeds of the Placing.
The issue of the Retail Offer Shares is conditional upon, inter alia, the passing of certain resolutions to be put to shareholders of Invinity Energy Systems plc at a General Meeting, which is expected to be on 11 November 2026. The Retail Offer is also conditional on the Retail Offer Shares being admitted to trading on AIM (“Admission”). Admission is expected to occur at 8.00 a.m. on or around 12 November 2026.
Expected Timetable in relation to the Retail Offer
| Retail Offer opens | 7.00 a.m. on 20 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 21 October 2026 |
| Results of the Retail Offer announced | 7.00 a.m. on 22 October 2026 |
| Admission and commencement of dealings in Retail Offer Shares issued on the London Stock Exchange | 8.00 a.m. on 12 November 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 Invinity Energy Systems plc, following release of this announcement and through certain financial intermediaries.
The Retail Offer is expected to close at 4.30 p.m. on 21 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 a.m. on 22 October 2026.
There is a minimum subscription of £100 per investor under the Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.
The Company's LEI is 213800XX6UAMF51CYM12.
UK Product Governance Requirements
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.