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Approval and Publication of Prospectus

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Neither this Announcement, nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any securities referred to in this Announcement except solely on the basis of the information contained in the prospectus referred to in this Announcement (together with any supplementary prospectus, if relevant, "Prospectus"), including the risk factors set out therein, published today by Technologies New Energy plc (company number 13672588) ("Company" and, together with its subsidiaries and subsidiary undertakings from time to time, "Enlarged Group")) in connection with, inter alia, the proposed acquisition of Technologies New Energies S.A. ("TNE") ("Acquisition") from certain vendors specified in the Prospectus pursuant to an English law governed agreement between the parties dated 5 February 2025 (as amended on 27 February 2025) and proposed admission of the ordinary shares on nominal value £0.10 each in the capital of the Company ("Ordinary Shares") to the equity shares (transition) category of the Official List of the FCA and to trading on the main market for listed securities ("Main Market") of London Stock Exchange plc ("London Stock Exchange") (together, "Admission").

A copy of the Prospectus has been submitted to the FCA's National Storage Mechanism and will shortly be available for inspection at be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and made available on the Company's website at https://www.tneplc.com.

Terms used but not otherwise defined in this Announcement shall have the meanings given to them in the Prospectus.

Technologies New Energy plc

Approval and Publication of Prospectus

The Company is pleased to announce that the Prospectus has today been approved by the FCA and published by the Company.

It is expected that Admission will become effective, and that unconditional dealings in the Ordinary Shares on the Main Market of the London Stock Exchange will commence, at 8.00 a.m. on 30 April 2025.

Conditional on Admission, the Enlarged Issued Share Capital shall comprise 158,839,050 Ordinary Shares (in aggregate), 11.6% of which shall be in "public hands".

The estimated market capitalisation of the Company on Admission is £31,767,810 based on the Subscription Price / Reference Price of £0.20.

The Company's LEI is 213800VBVRGDTYL9Y928, and the Ordinary Shares have the ISIN GB00BNVRHQ51, SEDOL code BNVRHQ5 and TIDM "TNE".

Orrick, Herrington & Sutcliffe (UK) LLP is acting as legal adviser.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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