Result of Retail Offer

Earnz PLC

06 October 2026

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO US PERSONS OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

THE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF EARNZ PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF EARNZ PLC.

6 October 2026

EARNZ plc

(“EARNZ”, the “Company” or the “Group”)
 

Result of Retail Offer

EARNZ plc (AIM: EARN), an energy services company whose objective is to capitalise on the drive for global decarbonisation, announces that the Retail Offer launched on 1 October 2026 has now closed. The Retail Offer raised £143,494 through the issuance of 3,587,350 Retail Offer Shares at a price of 4 pence each.

Accordingly, conditional on the passing of the Resolutions at the General Meeting and admission of the Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares, the Company has conditionally raised total gross proceeds of £4,940,994 in aggregate by way of the Fundraising.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for admission of the Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares, a total of 218,146,725 new Ordinary Shares, to trading on AIM. It is expected that Admission will become effective and dealings in the Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares will commence on AIM at 8.00 a.m. on or around 20 October 2026 (or such later date as may be agreed between the Company and Zeus, but no later than 23 October 2026) (“Admission”).

The Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 453,164,519 with voting rights. This 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's share capital pursuant to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

A separate announcement has been made on 30 September 2026 at 6:06 p.m. (the "Placing Announcement") regarding the Placing and its terms which also sets out the reasons for the Fundraising and the use of proceeds of the Fundraising. The Retail Offer is not part of the Placing and the Placing is not conditional upon any minimum amount being raised under the Retail Offer. If the Placing is terminated prior to Admission, the Retail Offer shall also lapse.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Placing Announcement, unless the context requires otherwise.

Engage with the Earnz PLC management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our interactive investor
hub here: https://investors.earnzplc.com/link/PGKJxP

For further information, please contact: https://investors.earnzplc.com/link/PGKJxP.

Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor hub	https://investors.earnzplc.com/link/PGKJxP
Earnz Plc Bob Holt / Peter Smith / Elizabeth Lake	Via our investor hub
Nominated Adviser and Broker Zeus Investment Banking Antonio Bossi / Andrew de Andrade / Alex Slater Corporate Broking Dominic King / Alex Bartram	[phone]

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