Invinity Energy Systems
IES · AIM · Industrial Goods and Services · mcap £101m · 11.5p 1 open situation →
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Dilutive fundraise◷ in 17 days
Equity fundraise at 10p
Terms set; placing bookbuild launched
On 19 Oct 2026 Invinity announced a proposed fundraise of at least £20m at 10p per share, with shares suspended. On 20 Oct 2026 it set terms: a National Wealth Fund (about 19.1%) subscription of £10m-£12.5m, a £10m+ placing via bookbuild and a retail offer of up to £5m. The price is a 43.5% discount, and the money is meant to fund the company into H1 2028.
- Conditions
- Shareholder resolutions at the General Meeting; NWF needs matched funding; related party transaction under AIM Rule 13 20 Oct 2026 ↗
- Trading status
- Shares suspended from 7.30am on 19 Oct 2026 until the raise concludes 19 Oct 2026 ↗
- Demand
- Company reports strong indications of interest from existing shareholders and potential new investors 19 Oct 2026 ↗
- Use of money
- £10m development and cost reduction; £8m working capital; £2m UK and USA manufacturing capacity 20 Oct 2026 ↗
- Cornerstone
- National Wealth Fund (about 19% holder) expected to participate; Neil O'Brien intends to participate 19 Oct 2026 ↗
- Discount
- 10p issue price, 43.5% below the 17.7p close on 16 Oct 2026 20 Oct 2026 ↗
Next: Placing results, retail offer result, then shareholder vote at General Meeting · 11 Nov 2026
- 20 Oct 2026 Terms set; placing bookbuild launched
- 19 Oct 2026 Announced; use of proceeds and NWF backing given
- 19 Oct 2026 Announced; shares suspended in Capital Access Window
Closed · 1
Company filings. Not investment advice.