Subscription and Total Voting Rights

IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED WITHIN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF INSIDE INFORMATION (AS DEFINED UNDER UK MAR).

UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THOSE PERSONS THAT RECEIVED INSIDE INFORMATION (AS DEFINED IN UK MAR) IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION, WHICH IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Technologies New Energy plc

("TNE" or the "Company")

Subscription and Total Voting Rights

Technologies New Energy plc (LSE: TNE), the energy transition company focused on developing clean energy projects to drive industrial decarbonisation for clients with international business operations, is pleased to announce that it raised gross proceeds of £84,900 (before expenses) by way of a subscription by new investors (the "Subscription") for 424,500 new ordinary shares of nominal value £0.10 ("Ordinary Shares") at a price of £0.20 each (the "Subscription Price") (the "Subscription Shares"). The Company intends to allot and issue the Subscription Shares for cash on a non-pre-emptive basis utilising existing shareholder authorities.

The Subsciption is conditional only on admission of the Subscription Shares to listing on equity shares (transition) category of the Official List ("ES(T)C Listing") of the Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities of London Stock Exchange plc ("Admission").

Following Admission, the Susbcription Shares will represent approximately 0.27% of the enlarged share capital of the Company. The Subscription Shares will upon allotment and issue be credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after Admission and will otherwise rank on Admission pari passu in all respects with each other and with the existing Ordinary Shares.

Use of net proceeds

The Company intends to use the net proceeds of the Subscription for general corporate purposes.

Admission and Total Voting Rights

The Company has made applications to the FCA and the LSE to have Subscription Shares admitted to an ES(T)C Listing and to trading on the Main Market, respectively, with Admission expected to occur on or around 8 July 2025.

On Admission, the Company's issued share capital will comprise 159,263,550 Ordinary Shares, with each Ordinary Share carrying the right to one vote. Accordingly, the total number of voting rights in the Company will be 159,263,550 and this figure may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

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