Invinity Energy Systems (IES): Equity fundraise at 10p
This situation live
IES Invinity Energy Systems
19 Oct 2026 · Announced; shares suspended in Capital Access Window · +0% until the next step
Completion of the Proposed Fundraise will be subject to, among other things, shareholder approval at a General Meeting of the Company.
19 Oct 2026 · Announced; use of proceeds and NWF backing given · +0% until the next step
The Company intends to use the minimum gross proceeds of approximately £20 million from the Proposed Fundraise as follows:
20 Oct 2026 · Terms set; placing bookbuild launched · −35% since
The Issue Price represents a discount of 43.5 per cent. to the closing mid-market price of 17.7 pence per Ordinary Share on 16 October 2026, being the last practicable date prior to the Company enteri
Equity fundraise at 10p
Terms set; placing bookbuild launched
NOV11
Next: Placing results, retail offer result, then shareholder vote at General Meeting in 17 days
Every step · 3
- 19 Oct 2026 Announced; shares suspended in Capital Access Window – Completion of the Proposed Fundraise will be subject to, among other things, shareholder approval at a General Meeting of the Company. ↗
- 19 Oct 2026 Announced; use of proceeds and NWF backing given – The Company intends to use the minimum gross proceeds of approximately £20 million from the Proposed Fundraise as follows: ↗
- 20 Oct 2026 Terms set; placing bookbuild launched – The Issue Price represents a discount of 43.5 per cent. to the closing mid-market price of 17.7 pence per Ordinary Share on 16 October 2026, being the last... ↗
What is happening
Invinity Energy Systems: Equity fundraise at 10p – Terms set; placing bookbuild launched. ['Terms set; placing bookbuild launched']
- In short
- 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.
- Announced
- 19 Oct 2026 · Announced; shares suspended in Capital Access Window
- Latest
- 20 Oct 2026 · Terms set; placing bookbuild launched
- Conditions
- Shareholder resolutions at the General Meeting; NWF needs matched funding; related party transaction under AIM Rule 13
- Trading status
- Shares suspended from 7.30am on 19 Oct 2026 until the raise concludes
- Demand
- Company reports strong indications of interest from existing shareholders and potential new investors
- Use of money
- £10m development and cost reduction; £8m working capital; £2m UK and USA manufacturing capacity
- Cornerstone
- National Wealth Fund (about 19% holder) expected to participate; Neil O'Brien intends to participate
- Discount
- 10p issue price, 43.5% below the 17.7p close on 16 Oct 2026
- Timetable
- Retail Offer closes 21 Oct; trading resumes 22 Oct; General Meeting 11 Nov; Admission 12 Nov 2026
- Runway
- Proceeds support working capital requirements into the first half of 2028
What comes next
Placing results, retail offer result, then shareholder vote at General Meeting (11 Nov 2026).
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