• 28 Oct 25
 

Eco Buildings Group - Issue of Equity


Eco Buildings Group plc | ECOB | 21.1 0.30 1.4% | Mkt Cap: 25.6m



RNS Number : 0070F
Eco Buildings Group PLC
28 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.

28 October 2025

Eco Buildings Group plc

("Eco" or the "Company")

Issue of Equity

Eco Buildings Group Plc (ECOB), a modular housing company, announces that it has issued 192,307 new ordinary shares following receipt of a warrant notice of £25,000 on the warrants issued on the 14 May 2025 at a conversion price of 13 pence per share (the "Conversion").

Admission & Total Voting Rights

The new ordinary shares in relation to the Conversion will rank pari passu with the existing ordinary shares in all respects. Admission of the new ordinary shares on the AIM Market pursuant to the Conversion will occur on or around 31 October 2025.

Following the admission of the new ordinary shares in relation to the Conversion, the total issued share capital of the Company will be 121,404,054 ordinary shares, each with voting rights. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For more information on Eco Buildings please visit www.eco-buildingsplc.com or contact:

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

 

 

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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