Invinity Energy Systems Conditionally Raises GBP10 Million via Oversubscribed Share Placing

12:21 PM EDT, 10/20/2026 (MT Newswires) -- Invinity Energy Systems (IES.L) conditionally raised gross proceeds of 10 million pounds sterling through an oversubscribed placing of 100 million shares at 0.10 pound each. The placing is part of the previously announced fundraising, which also includes a subscription by National Wealth Fund, or NWF, and a retail offer, according to a Tuesday release. NWF agreed to match the funds raised through the retail offer on a pound-for-pound basis, provided that the total fundraising does not exceed 25 million pounds. The final subscription size will be announced alongside the retail offer result on Thursday. The British vanadium flow batteries manufacturer's fundraising is subject to, among other things, shareholders approving resolutions at a general meeting that would let the directors allot the new shares for cash on a non-pre-emptive basis.