Invinity Energy Share Price (IES)

I’ve got a really good feeling on this for the coming year or two. There’s no way a state owned infrastructure bank would throw £25m into a listed co without a LOT of due diligence.

Also, the Mistral product was pretty much the main leading project with the US Department of Energy LDES funding round of $286m. How many validators do you want to see from state owned entities??

“ Noteworthy among the first group are new projects which will utilise the vanadium redox flow battery (VRFB) technology of Invinity Energy Systems and the carbon dioxide-based technology of Italy-based Energy Dome.

The DOE plans to fund six projects totalling 84MWh of energy storage capacity using Invinity’s latest VRFB product, Mistral, with deliveries expected in 2025. “

https://www.energy-storage.news/energy-dome-invinity-form-redflow-projects-among-does-us325-million-ldes-winners/

"There were other people looking at coming in to this deal.............." All boxes ticked.......................

At 8.45 on the VSA broadcast. That is very good news indeed. i.e. Large potential buyers of the shares who may also be strategic partners.

Also SP Angel broadcast

Https://www.youtube.com/watch?v=i-5J9R9E3_8

IES follows after CUSN comments

Worth a listen this, obviously he’s bullish as IES’s broker, but:

- Points out that this is the first investment made by the British Infrastructure fund in a publicly listed company, for which they did a lot of due diligence.

- Reminds us that IES is moving towards a licence and royalty model. This has to be good for earnings, gross margin etc.

- Hints that more orders will be forthcoming now that the company’s future is on firmer footing than it was pre-fundraise.

We just need to see Mistral launched now. But after waiting three years hopefully not much longer to go!

The following information has been taken from different resources which is not a recommendation but only used for information on YouTube, UK sites, and USA on holdings within Invinity Energy System.

The Placing will increase the number of shares within the company but many people count this as Dilution. Share dilution is the decrease in existing shareholders' ownership percentage after a fundraising round. The outlook of this can be summarised by the Link below which looks on the Positive-

https://www.youtube.com/watch?v=M80Qy1XBmTg

To add the number of shares issued by the Fund Raise seems to be oversubscribed which the previous investors may have missed out, but the uptake probably includes these Firms, Schroders was mentioned as having 32 million extra shares.

Any thresholds which have been broken would be announced by RNS which will not be until after 24 May 2024.

The figures below are taken across different sites and averaged out to show the shareholdings on 30 April 2024 of Invinity Energy Systems-

Public Companies 4.09%

Private Companies 4.57%

VC/PE Firm 5.1%

Individual Insiders 5.3%

General Public 31.7%

Institutions 49.2%

The only people who may be affected would be Private Investors after 24 May 2024 after the new shares are added. Some Private Investors would buy the shares around the present floor of 23.50 pence averaging down the shareholding, with the Open offer for every 20 shares owned before 1 May 2024 they would get 3 shares at the price of 23p if they decided to take the offer.

The dilution would seem to be a positive for IES going forward with institutions increasing the percentage from 49% before to above 60% plus once RNS are released after 24 May 2024 then we would know who will be the new Investors or old Investors maintaining their % before 1 May 2024

On the Invinty energy systems under the proposal the company said it will move Change of Domicile to the UK. It is expected that the re-domiciliation process will be completed by the end of September 2024. This impacts trading with the shares of the company as it would have stamp duty added to trading.

The Funds raised by Invinity Energy Systems will be used for:

·£29.6m to support the Company's working capital requirements;

· £18.0m invested into LDES projects in the UK using Invinity's batteries;

· £2.0m to invest in plant and equipment at the Company's manufacturing facilities in Scotland, UK; and

· £0.4m against the transaction expenses, expected to be approximately £2.8m, the balance of which will be paid from existing cash reserves or the proceeds of the Open Offer.

Presently Invinity Energy Systems has mentioned how these Funds will be spent in Part 3.