30 December 2024
Invinity Energy Systems
plc
("Invinity" or the "Company")
Notification of Transactions
by Directors
Invinity Energy Systems plc (AIM:
IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy
storage, announces that it was notified on
27 December 2024 that Neil O'Brien (Non-executive Chairman),
Jonathan Marren (CEO) and Adam Howard (CFO) have purchased an
aggregate of 404,013 ordinary shares in the Company ("Ordinary
Shares").
Following this transaction, Neil
O'Brien now holds a total of 300,625 Ordinary Shares, representing
0.07% of the current issued share capital. Jonathan Marren now
holds a total of 414,680 Ordinary Shares, representing 0.09% of the
current issued share capital and Adam Howard now holds a total of
134,333 Ordinary Shares, representing 0.03% of the current issued
share capital.
|
1
|
Details of the person discharging
managerial responsibilities
|
|
a)
|
Name
|
Neil O'Brien
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Non-Executive Chairman
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Invinity Energy Systems
plc
|
|
b)
|
LEI
|
213800N2NKOTYUNRCU14
|
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument
|
Ordinary shares of €0.01
each
|
|
b)
|
Identification code of the Financial
Instrument
|
JE00BLR94N79
|
|
c)
|
Nature of the transaction
|
Purchase of shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
14.85p
|
135,000
|
|
|
e)
|
Aggregated information: volume,
Price
|
N/A
|
|
f)
|
Date of the transaction
|
27 December 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging
managerial responsibilities
|
|
a)
|
Name
|
Jonathan Marren
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Invinity Energy Systems
plc
|
|
b)
|
LEI
|
213800N2NKOTYUNRCU14
|
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument
|
Ordinary shares of €0.01
each
|
|
b)
|
Identification code of the Financial
Instrument
|
JE00BLR94N79
|
|
c)
|
Nature of the transaction
|
Purchase of shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
14.85p
|
134,680
|
|
|
e)
|
Aggregated information: volume,
Price
|
N/A
|
|
f)
|
Date of the transaction
|
27 December 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging
managerial responsibilities
|
|
a)
|
Name
|
Adam Howard
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
CFO
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Invinity Energy Systems
plc
|
|
b)
|
LEI
|
213800N2NKOTYUNRCU14
|
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument
|
Ordinary shares of €0.01
each
|
|
b)
|
Identification code of the Financial
Instrument
|
JE00BLR94N79
|
|
c)
|
Nature of the transaction
|
Purchase of shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
14.85p
|
134,333
|
|
|
e)
|
Aggregated information: volume,
Price
|
N/A
|
|
f)
|
Date of the transaction
|
27 December 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
Stay up to date with news from
Invinity. Join the distribution list for the Company's monthly
investor newsletter here.
Enquiries:
|
Invinity Energy Systems plc
|
+44 (0)20 4551 0361
|
|
Jonathan Marren, Chief Executive
Officer
Joe Worthington, Senior Director,
Corporate Affairs
|
|
|
|
|
|
Canaccord Genuity (Nominated Adviser
and Joint Broker)
|
+44 (0)20 7523 8000
|
|
Henry Fitzgerald-O'Connor / Harry
Pardoe / Charlie Hammond
|
|
|
|
|
|
VSA
Capital (AQSE Corporate Advisor, Financial Adviser and Joint
Broker)
|
+44 (0)20 3005 5000
|
|
Andrew Monk / Andrew Raca
|
|
Notes to Editors
Invinity Energy Systems plc (AIM:
IES) (AQSE: IES) (OTCQX: IESVF)
manufactures vanadium flow batteries for
large-scale, high-throughput energy storage requirements of
business, industry and electrical networks.
Invinity's factory-built flow
batteries run continually with no degradation for over 25 years,
making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on
Invinity's batteries are safe, reliable, and economical, and range
in size from less than 250 kilowatt-hours to tens of
megawatt-hours.
Invinity was created in April 2020
through the merger of two flow battery industry leaders: redT
energy plc and Avalon Battery Corporation. With 75 MWh of systems
already deployed or contracted for delivery across 82 sites in 15
countries, Invinity is active in all major global energy storage
markets and has operations in the UK, Canada, USA, China and
Australia. Invinity Energy Systems plc is quoted in the UK on AIM
and AQSE and trades in the USA on OTCQX.
To find out more, visit
invinity.com,
sign up to our monthly
Investor Newsletter here or
contact Investor Relations on via +44 (0)20 4551 0361 or
ir@invinity.com.