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Clarification re Eco over €400m Chile Contract

22 Oct 2025 14:34

RNS Number : 4375E
Eco Buildings Group PLC
22 October 2025
 

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.

22 October 2025

Eco Buildings Group PLC

("Eco", "Eco Buildings" or the "Company")

Clarification re Eco Buildings over €400m Chile Contract

Accelerated Schedule and Increased Year-One Deliveries

 

Further to the Company's announcement on 21 October 2025 regarding the initial 50% deposit of €12.75 million received pursuant to the Chilean government's flagship housing programme, the Company wishes to clarify that this amount relates to the construction of 1,214 homes, not 607 homes as previously stated. The revised figure reflects a variation from the original contract following the Chilean housing authorities' agreement to accelerate the schedule of delivery in Year One, under which the total number of homes to be delivered under the first tranche has been increased accordingly.

All other information in the announcement on 21 October 2025 remains unchanged, including the initial deposit payment of €12.75 million which will be used to fund the initial production lines, the overall contract value of approximately €420 million and the total programme of 20,000 homes over seven years.

For more information contact:Eco Buildings Group plcDr Etrur Albani, Executive Vice ChairmanFiona Hadfield, Finance DirectorTel: +44 (0) 207 380 0999Spark Advisory Partners Limited (Nominated Adviser)Matt Davis / James KeeshanTel: +44 (0) 203 368 3550Tavira Securities Limited (Broker)Oliver Stansfield / Jonathan EvansTel: +44 (0) 203 192 1739CMC Capital Markets (Joint Broker)Tel: +44 (0) 203 003 8632

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9th Feb 20267:00 amRNS-REco Albania Awarded Key ISO Certifications
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31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
11th Nov 20257:00 amRNS-REco Albania Completes Independent Standards Tests
30th Oct 20257:00 amRNS-REco Buildings exhibits modular housing in Tirane
28th Oct 20257:00 amRNSIssue of Equity
27th Oct 20257:00 amRNSAlbania Project Update
24th Oct 202512:06 pmRNS-RUpdate on Chilean Operations
22nd Oct 20252:34 pmRNSClarification re Eco over €400m Chile Contract
21st Oct 20257:00 amRNSEco Buildings Secures over €400m Chile Contract
16th Oct 20257:00 amRNS-ROperational Update on Geographic Expansion
15th Oct 20257:00 amRNSHolding(s) in Company
14th Oct 20257:00 amRNSEco to Expand in Africa with Sudanese Subsidiary
8th Oct 20257:00 amRNS-RFirst Canadian Order
7th Oct 20257:00 amRNSOperational Update on Senegalese Subsidiary
30th Sep 20257:00 amRNSInterim Results
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14th Jul 20257:00 amRNSLitigation against the Republic of Kosovo Update
1st Jul 20257:00 amRNSFinal Results for the year ended 31 December 2024
15th May 20257:00 amRNSCompletion of Fundraise
6th May 20257:00 amRNS-ROperational Update on Senegalese Subsidiary
28th Apr 20257:00 amRNS-RCertification of Environmental Management Award
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27th Mar 20255:08 pmRNSResult of GM
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3rd Feb 20257:00 amRNS-RCE marking approval and certification
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