Invinity Energy Share News (IES)

UK shareholder meetings calendar - next 7 days

Invinity agrees to prepay convertible loan facility with Riverfort

(Alliance News) - Invinity Energy Systems PLC on Friday said that it has entered a prepayment agreement to repay the outstanding drawn amount of its convertible loan facility with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd.

Invinity inks deal to repay December bridging loan

(Sharecast News) - Energy storage specialist Invinity has entered into a prepayment agreement to repay the outstanding amount of a convertible loan facility with RiverFort Global Opportunities PCC and YA II PN, it announced on Friday.

TRADING UPDATES: Anglo Asian eyes "pivotal" 2023, Cordel signs deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

AIM WINNERS & LOSERS: Quadrise says fuel cleared by Moroccan customs

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: Invinity Energy Systems plans fundraise for GBP16 million

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Plans to raise GBP16 million through a placing, subscription, and open offer for 42.2 million new shares at a price of 32 pence per share. Receives a strategic investment of GBP2.5 million by Everbrite Technology Co Ltd through a subscription. Adds that the open offer will raise GBP4 million through the offer 12.5 million new ordinary shares. Says the issue price represents a discount of 14% to the closing middle market price of 37 pence per share on February 22. Says that the proceeds from the proposed placing are expected to provide it with sufficient working capital to the end of June 2024.

Invinity Energy trading in line with guidance on several contract wins

(Alliance News) - Invinity Energy Systems PLC on Monday said it expects revenue for last year in line with market expectations, as a result of a "significant number of contract wins".

TRADING UPDATES: Bankers net assets drop; Invinity Energy wins funds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Invinity Energy signs MoU to build battery rental offering

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Signs a non-binding Memorandum of Understanding with Dawsongroup Power Solutions Ltd, part of Dawsongroup PLC. Dawsongroup is a leading commercial asset rental business operating across the UK and EU. Says the partnership will see Dawsongroup procure battery storage products exclusively from Invinity and "become Invinity's exclusive rental partner in the UK". Says they see a strong potential for a rental market in the UK for vanadium flow batteries. Expects to target customer commitments of more than 50 megawatt hours over the next two years.

Invinity optimistic of year ahead despite delayed revenues

(Alliance News) - Invinity Energy Systems PLC on Friday said it will not be able to recognise revenue on projects in Canada and Australia for a brief period, despite meeting production goals this year.

AIM WINNERS & LOSERS: Pantheon Resources, Harland & Wolff shares fall

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

TRADING UPDATES: Pantheon Resources repays notes; Corcel raises funds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

AIM WINNERS & LOSERS: Invinity Energy jumps on battery systems order

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

LONDON MARKET MIDDAY: Stocks up as focus shifts to US inflation data

(Alliance News) - Stock prices in London edged into the green around midday on Tuesday as markets were in wait-and-see mode ahead of a key inflation reading for the US economy.

Invinity Energy sells flow battery system to Hyosung Heavy Industries

(Alliance News) - Invinity Energy Systems PLC on Tuesday said it is selling a 1.5 megawatt per hour VS3 flow battery system to Hyosung Heavy Industries Corp for an undisclosed sum.