7th Nov 2025 16:35
7 November 2025
EQTEC plc
("EQTEC" or the "Company")
Facility Conversion Notice
EQTEC plc (AIM:EQT), a provider of proprietary syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels, received on 7 November 2025 a conversion notice pursuant to the Global Investment Strategy UK Limited facility ("Facility") as announced on 24 October 2025 for the principal amount of £50,000 to be converted, under the terms of the Facility, at c. 0.163p per share into 30,595,875 new ordinary shares in the Company ("Conversion Shares").
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for admission of the 30,595,875 Conversion Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new Ordinary Shares on AIM will commence at 8.00 a.m. on or around 14 November 2025.
The Conversion Shares will rank pari passu in all respects with the Company's existing Ordinary Shares.
Following Admission, there will be 678,892,432 Ordinary Shares in issue. The Company holds no Ordinary Shares in Treasury. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.
ENQUIRIES
EQTEC plc James Parsons
| +44 20 3883 7009 |
Strand Hanson - Nomad & Financial Adviser James Harris / Richard Johnson
| +44 20 7409 3494 |
Global Investment Strategy UK Ltd - Broker Samantha Esqulant
| +44 20 7048 9045 |
About EQTEC
EQTEC is one of only a few circular economy technology providers able to address the dual challenges of growing quantities of global waste and the growing demand for energy and biofuels. EQTEC cleanly converts waste into a range of valuable commodities that support new energy and industrial infrastructure. With one of the world's most experienced thermochemical conversion technology and engineering teams, EQTEC provides bespoke waste management and new energy solutions through best-in-class innovation, infrastructure engineering and value-added services for developers, owner-operators and industrials.
EQTEC's end-to-end process solutions are in demand from around the world with highly efficient equipment that is modular and scalable from three tonnes of waste per hour. Its versatile solutions process dozens of varieties of feedstock, including plastics, mixed municipal waste, industrial waste and other non-recyclables, all with no hazardous or toxic emissions, producing a wide range of valuable commodities including synthesis gas ("syngas") electricity, heat and steam, synthetic natural gas, hydrogen, liquid fuels or other chemicals.
The Company is quoted on the London Stock Exchange's Alternative Investment Market (AIM) (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.
Further information on the Company can be found at www.eqtec.com.
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