Invinity Energy Systems (IES): Placing of 20% of the market value

This situation live

IES Invinity Energy Systems

£66m · 11.5p · −35% since the first step

19 Oct 2026 · announced · +0% on the day · +0% until the next step The Company intends to use the minimum gross proceeds of approximately £20 million from the Proposed Fundraise to accelerate development and product cost reduction, working capital, and manufacturing

19 Oct 2026 · announced · +0% on the day · +0% until the next step The Company has received strong indications of interest from existing shareholders and potential new investors to support the Subscription and Placing.

20 Oct 2026 · announced · +0% on the day · −37% until the next step The Company has conditionally raised gross proceeds of £10 million through an oversubscribed Placing of 100,000,000 new Ordinary Shares at the Issue Price of 10 pence per new Ordinary Share.

20 Oct 2026 · announced · +0% on the day · −37% until the next step Up to 50,000,000 new Ordinary Shares will be made available at a price of 10 pence per share.

20 Oct 2026 · announced · +0% on the day · −37% until the next step The Fundraising will enable the Company to progress its product cost reduction plans, building on the margin improvements reported in the H1 2026 results and strengthen its working capital position.

22 Oct 2026 · announced · +4% since Invinity stands at a moment of real opportunity. The challenges of transitioning from technology pioneer to commercially scaling business are well understood.

Dilutive fundraise

Placing of 20% of the market value

announced

RaisePlacing · approximately £20 million

Of market value19.8%

Discount43.5% to the last close

Reaction on the day−37%

As of 22 Oct 2026 ↗

Since Oct 2023: 301 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened

NOV11 Next: General Meeting to approve the fundraise, then Admission in 16 days

Every step · 6

19 Oct 2026 announced · +0% on the day – The Company intends to use the minimum gross proceeds of approximately £20 million from the Proposed Fundraise to accelerate development and product cost... ↗
19 Oct 2026 announced · +0% on the day – The Company has received strong indications of interest from existing shareholders and potential new investors to support the Subscription and Placing. ↗
20 Oct 2026 announced · +0% on the day – The Company has conditionally raised gross proceeds of £10 million through an oversubscribed Placing of 100,000,000 new Ordinary Shares at the Issue Price... ↗
20 Oct 2026 announced · +0% on the day – Up to 50,000,000 new Ordinary Shares will be made available at a price of 10 pence per share. ↗
20 Oct 2026 announced · +0% on the day – The Fundraising will enable the Company to progress its product cost reduction plans, building on the margin improvements reported in the H1 2026 results... ↗
22 Oct 2026 announced – Invinity stands at a moment of real opportunity. The challenges of transitioning from technology pioneer to commercially scaling business are well understood. ↗

What is happening

Invinity Energy Systems: Placing of 20% of the market value – announced. ['announced']

In short: On 19 Oct 2026 Invinity announced a fundraise of at least £20m at 10p per share, a 43.5% discount, with shares suspended. On 20 Oct 2026 it reported a £10m oversubscribed placing and NWF's £10m cornerstone. On 22 Oct 2026 the Retail Offer raised £2.8m, lifting NWF's subscription to about £12.2m and the total to £25m (250,000,000 shares). Trading resumed on 22 Oct; shareholder approval is still needed.
Announced: 19 Oct 2026 · announced · +0% on the day
Latest: 22 Oct 2026 · announced · -37% on the day
Placing: £10m, 100,000,000 shares
Bookrunners: Canaccord Genuity, Panmure Liberum and VSA Capital
NWF: £10m cornerstone; matches Retail Offer pound for pound, so Subscription up to £12.5m, total Fundraising capped at £25m
Admission: expected on or around 12 Nov 2026, subject to resolutions
Next milestone: General Meeting 11 Nov 2026; circular to follow in coming days
Size: £25m gross, 250,000,000 Fundraising Shares at 10p, result announced 22 Oct 2026
NWF Subscription: about £12.2m, 121,976,365 shares, matching the Retail Offer
Retail Offer: £2.8m, 28,023,635 shares

What comes next

General Meeting to approve the fundraise, then Admission (11 Nov 2026).

From the company's own announcements. Not investment advice.

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