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9.90    -0.15 (-1.49%)
Bid:
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Spread: 0.20 (2.041%)
Market Cap: £13.96m
ECOB Live PriceLast checked at - London Stock Exchange

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Update on Senegal Joint Venture Payment

31 Dec 2025 07:00

RNS Number : 2049N
Eco Buildings Group PLC
31 December 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.

 

31 December 2025

Eco Buildings Group PLC ("Eco Buildings" or the "Company")

Update on Senegal Joint Venture Payment

 

Eco Buildings Group plc (the "Company" or the "Group"), a UK-listed modular construction company, is pleased to provide an update regarding its strategic joint venture in Senegal with G2 Invest Group.

The Company now expects to receive the initial €1.75 million deposit from G2 Invest in mid-February 2026, representing a key milestone in advancing the Senegal joint venture.

In addition, the Company is actively securing additional residential construction projects on the ground in Senegal. The scale and volume of these confirmed housing commitments will directly inform the final configuration and number of production lines to be deployed under the joint venture. The Company believes this disciplined approach ensures capital deployment remains closely aligned with contracted demand, optimising operational efficiency and supporting scalable growth. Further updates will be provided as appropriate.

Eco Buildings Group plc

Etrur Albani, Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0)20 7380 0999

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel: +44 (0)20 3368 3550

Tavira Financial Limited (Joint Broker)

Oliver Stansfield/Jonathan Evans

Tel: +44 (0)20 3192 1739

CMC Markets UK Plc (Joint Broker)

Douglas Crippen

Tel: +44 (0)20 71708200

 

 

About Eco Buildings Group plc

Eco Buildings Group plc is a UK-listed innovator in prefabricated, green-housing technology. Its modular systems, based on proprietary GFRG wall panels, serve both affordable and high-end markets, combining cost efficiency, rapid deployment and sustainability. The Group is expanding globally with established partnerships and projects across Europe, Africa and Latin America.Further information: www.eco-buildings.net

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12

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