eEnergy Group plc

("eEnergy" or "the Group")

Increase in Ownership in Smart Metering Analytics Business

eEnergy (AIM: EAAS), the net zero energy services provider, is pleased to announce that it has increased its ownership in its subsidiary, eEnergy Insights Ltd ("EIL"), which holds the Group's MY ZeERO smart metering and analytics platform, to 100% through the acquisition of the minority holdings of two former management shareholders. Related to this transaction, the Company has issued 1,366,666 new ordinary shares of 0.3p in eEnergy ("Ordinary Shares") to the vendors.

Admission and Total Voting Rights

Application has been made for admission of the 1,366,666 new Ordinary Shares, which will rank pari passu with existing Ordinary Shares, to trading on AIM ("Admission"). It is expected that Admission will become effective, and trading in the new Ordinary Shares will commence, on or around 8:00 a.m. on 14 August 2023.

On Admission, the enlarged issued share capital of the Company will be 352,146,625 Ordinary Shares. 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 share capital of the Company.

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About eEnergy Group plc

eEnergy (AIM: EAAS) is a net zero energy services provider, empowering organisations to achieve net zero by tackling energy waste and transitioning to clean energy, without the need for upfront investment. It is making net zero possible and profitable for all organisations in four ways:

eEnergy is a Top 5 B2B energy company and has been awarded The Green Economy Mark by London Stock Exchange.