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12 September 2025 11:56:36
- Source: Sharecast

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.
12 September 2025
Eco Buildings Group plc
(the "Company" or the "Group")
Fundraise of £600,000
Eco Buildings Group Plc (ECOB), a modular housing company, announces that it has raised an aggregate of £600,000 through a firm placing of new ordinary shares at a placing price of 4 pence per share ("Placing Price") arranged by its broker, Tavira Financial Limited.
Firm Placing
The Company has raised gross proceeds of £600,000 through the Placing of 15,000,000 new ordinary shares at the Placing Price ("Placing"). The Placing enables the Company to fast-track its growth and has been undertaken at the same price as the Convertible Note announced last week.
Use of Funds
The Placing proceeds will be used to enable the Company to expand manufacturing capacity at the facility and secure and commence construction on additional contracts currently under negotiation. These contracts are expected to utilise the Company's fully operating manufacturing facilities in Albania and compliment the recently announced apartment block development in Tirana. The funds will also accelerate delivery of large-scale contracts in Albania.
Admission & Total Voting Rights
The new ordinary shares in relation to the Firm Placing will rank pari passu with the existing ordinary shares in all respects. Admission of the new ordinary shares for the Firm Placing to the AIM Market will occur on or around 18 September 2025.
Following the admission of the new ordinary shares in relation to the Firm Placing, the total issued share capital of the Company will be 116,211,747 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.
Etrur Albani, Vice Executive Chairman , commented: "This successful placing underlines investor belief in Eco Buildings' vision. With this support we can complete our first major projects, expand manufacturing capacity and deliver innovative, sustainable housing at scale. The strengthened balance sheet allows Eco Buildings to progress new GFRG production lines and strategic partnerships."
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 (Broker) Oliver Stansfield/Jonathan Evans |
Tel: +44 (0)20 3192 1739 |
CMC Capital Markets (joint Broker) Douglas Crippen
|
Tel: +44 (0) 203 003 8632
|
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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