Ethtry PLC (AQSE: ETHY) has announced the completion of its bonus share issue and the allotment of consideration shares to vendors of Dunbar Energy Ltd and Dunbar Energy Inc, following the acquisition that establishes the company's US data centre and energy development platform. A total of 1,449,292,203 bonus shares have been issued at no cost to qualifying shareholders, while 3,759,398,474 consideration shares have been allotted to Dunbar Energy vendors. Following admission to the Aquis Growth Market, expected on 9 November 2026, Ethtry's total shares in issue will rise to 7,658,796,945, a figure investors will use as the denominator for FCA disclosure calculations.

Key Points

  • Ethtry PLC (AQSE: ETHY) is listed on the Aquis Growth Market with AlbR Capital Limited acting as Aquis Corporate Adviser
  • 1,449,292,203 bonus shares issued pro rata to qualifying shareholders and 3,759,398,474 consideration shares issued to Dunbar Energy vendors
  • Admission of new shares to Aquis Growth Market expected 9 November 2026; total voting shares post-admission: 7,658,796,945
  • Investors should monitor lock-in expiry dates and any further operational updates regarding the Dunbar Energy US data centre and energy platform

Bonus Share Issuance Terms and Qualifying Shareholder Entitlements

At the bonus record time of 4.30pm on 11 September 2026, Ethtry had 2,310,106,271 ordinary shares of 0.002p each in issue. The company has now issued 1,449,292,203 bonus shares on a pro rata basis at no cost to qualifying shareholders, representing approximately 0.627370360 bonus shares for each existing ordinary share held at the record time. Entitlements have been rounded to a whole number of shares per shareholder. Shares issued under the placing and subscription announced on 23 October 2026 were allotted after the bonus record time and therefore carry no entitlement to bonus shares.

Dunbar Energy Acquisition Establishes Ethtry's US Data Centre and Energy Platform

The consideration shares allotted to Dunbar Energy vendors form part of the completed acquisition of Dunbar Energy Ltd and Dunbar Energy Inc, which the announcement states establishes Ethtry's US data centre and energy development platform. The 3,759,398,474 consideration shares are subject to a lock-in agreement until 31 December 2026. Certain Dunbar vendors holding 24.7% of the enlarged share capital are subject to a longer lock-in period running until 9 September 2027, followed by orderly market arrangements extending to 9 September 2028, providing investors with some visibility on potential selling pressure.

Post-Admission Share Capital and FCA Disclosure Denominator for ETHY Investors

Following anticipated admission on 9 November 2026, Ethtry's total issued share capital will comprise 7,658,796,945 ordinary shares, each carrying one voting right. The company holds no shares in treasury, meaning the total number of voting rights mirrors the total shares in issue. All new bonus shares and consideration shares will be credited as fully paid and rank pari passu with existing ordinary shares. With effect from admission, shareholders must use 7,658,796,945 as the denominator when calculating whether they are required to notify interests under the FCA's Disclosure Guidance and Transparency Rules.