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€2.2 Million contract - Production Update

9 Sep 2025 07:00

RNS Number : 4915Y
Eco Buildings Group PLC
09 September 2025
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Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

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9th September 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Β Production Update

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Highlights

● First delivery of Eco product to site for recently announced 18-unit apartment block contract

● 40% of material required for first apartment block in Tirana already in stock

● Factory operating at full production capacity

● €2.2 million gross revenue contracted for this first apartment block

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Further to the announcement of the signing of €2.2 Million contract on 4 September 2025, Eco Buildings Group plc ("Eco Buildings" or the "Company") is pleased to announce a major operational milestone: the successful delivery of the first full-scale Eco Wall components to the construction site of the 18-unit apartment block in central Tirana, Albania. This marks the start of on-site assembly using Eco's prefabricated system driven by its manufacturing process powered by its proprietary IP.

We are now in active production and delivery mode with cash flows now secured. Our Tirana factory is now operating at full capacity and already has 40% of the stock required to produce the walling required for the first apartment block.

Eco's ability to scale up construction at speed is now fully visible on the ground. The Company is seeing considerable interest in its product and anticipates securing further contracts during 2025 from new customers.

Figure 1: Full size Wall Figure 2: Inventory ready to dispatch

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Figure 3 delivery leaving the Eco Buildings' Facility

Etrur Albani, Executive Vice Chairman of Eco Buildings, stated:

"Our factory is performing very well and reliably producing our Eco walls at pace. Our inventory is sufficient to provide 40% of the total material required for this first apartment block. We have letters of intent for a further two apartment blocks of identical size and anticipate constructing all six planned for this site in the centre of Tirana. We look forward to announcing further contracts of this nature and hopefully others in the near term"

For more information, visitΒ www.eco-buildings.net.

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About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future.Β 

Further information is available on Eco Buildings website:Β www.eco-buildings.net

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For more information contact:

Eco Buildings Group plc

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

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Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

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Tel:Β Β +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

Tel: +44 (0) 203 192 1739

CMC Capital Markets (joint Broker). Tel: +44 (0) 203 003 8632

Douglas Crippen

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Notes

The Company has acquired proven and innovative prefabricated technology which has been in development and commercial use since 2006. Eco Buildings' range of prefabricated, green housing products based on glass fibre reinforced gypsum panels ("GFRG") provides a construction solution for both affordable and high-end housing.

Eco Buildings has already secured two sales contracts with major construction companies, one in Albania, the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million in total per annum over the first three years (approximately €114 million in total) following Admission.

The market share for factory-based building technology is expected to grow significantly over the coming years as private developers and the public sector seek to address the substantial and growing deficit in housing stock and issues of construction cost, speed and quality and housing affordability.

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END
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8th Oct 20257:00 amRNS-RFirst Canadian Order
7th Oct 20257:00 amRNSOperational Update on Senegalese Subsidiary
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26th Sep 202511:08 amRNSHolding(s) in Company
22nd Sep 202510:33 amRNSHolding(s) in Company
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28th Apr 20257:00 amRNS-RCertification of Environmental Management Award
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