Sign In
Last checked at 
30 Dec 2024 07:00
30 December 2024
Invinity Energy Systems plc
("Invinity" or the "Company")
Notification of Transactions by Directors
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, announces that it was notified on 27 December 2024 that Neil O'Brien (Non-executive Chairman), Jonathan Marren (CEO) and Adam Howard (CFO) have purchased an aggregate of 404,013 ordinary shares in the Company ("Ordinary Shares").
Following this transaction, Neil O'Brien now holds a total of 300,625 Ordinary Shares, representing 0.07% of the current issued share capital. Jonathan Marren now holds a total of 414,680 Ordinary Shares, representing 0.09% of the current issued share capital and Adam Howard now holds a total of 134,333 Ordinary Shares, representing 0.03% of the current issued share capital.
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Neil O'Brien | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Chairman | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Invinity Energy Systems plc | ||||
b) | LEI | 213800N2NKOTYUNRCU14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of €0.01 each | ||||
b) | Identification code of the Financial Instrument | JE00BLR94N79 | ||||
c) | Nature of the transaction | Purchase of shares | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information: volume, Price | N/A | ||||
f) | Date of the transaction | 27 December 2024 | ||||
g) | Place of the transaction | London Stock Exchange (XLON) | ||||
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Jonathan Marren | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Invinity Energy Systems plc | ||||
b) | LEI | 213800N2NKOTYUNRCU14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of €0.01 each | ||||
b) | Identification code of the Financial Instrument | JE00BLR94N79 | ||||
c) | Nature of the transaction | Purchase of shares | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information: volume, Price | N/A | ||||
f) | Date of the transaction | 27 December 2024 | ||||
g) | Place of the transaction | London Stock Exchange (XLON) | ||||
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Adam Howard | ||||
2 | Reason for the notification | |||||
a) | Position/status | CFO | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Invinity Energy Systems plc | ||||
b) | LEI | 213800N2NKOTYUNRCU14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of €0.01 each | ||||
b) | Identification code of the Financial Instrument | JE00BLR94N79 | ||||
c) | Nature of the transaction | Purchase of shares | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information: volume, Price | N/A | ||||
f) | Date of the transaction | 27 December 2024 | ||||
g) | Place of the transaction | London Stock Exchange (XLON) | ||||
Stay up to date with news from Invinity. Join the distribution list for the Company's monthly investor newsletter here.
Enquiries:
Invinity Energy Systems plc | +44 (0)20 4551 0361 |
Jonathan Marren, Chief Executive Officer Joe Worthington, Senior Director, Corporate Affairs | |
Canaccord Genuity (Nominated Adviser and Joint Broker) | +44 (0)20 7523 8000 |
Henry Fitzgerald-O'Connor / Harry Pardoe / Charlie Hammond | |
VSA Capital (AQSE Corporate Advisor, Financial Adviser and Joint Broker) | +44 (0)20 3005 5000 |
Andrew Monk / Andrew Raca |
Notes to Editors
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) manufactures vanadium flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.
Invinity's factory-built flow batteries run continually with no degradation for over 25 years, making them suitable for the most demanding applications in renewable energy production. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours.
Invinity was created in April 2020 through the merger of two flow battery industry leaders: redT energy plc and Avalon Battery Corporation. With 75 MWh of systems already deployed or contracted for delivery across 82 sites in 15 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and Australia. Invinity Energy Systems plc is quoted in the UK on AIM and AQSE and trades in the USA on OTCQX.
To find out more, visit invinity.com, sign up to our monthly Investor Newsletter here or contact Investor Relations on via +44 (0)20 4551 0361 or ir@invinity.com.
Follow the stocks
