03:23 AM EDT, 10/20/2026 (MT Newswires) -- Invinity Energy Systems (IES.L) intends to raise 20 million pounds sterling through a share placing and a separate subscription by cornerstone investor National Wealth Fund. National Wealth Fund, which owns a 19% stake in the vanadium flow battery technology company, will subscribe for shares worth between 10 million pounds and 12.5 million pounds, while Invinity aims to raise at least 10 million pounds through an accelerated bookbuild, according to a Tuesday filing. The proceeds will be used for working capital, product development and cost reductions, as well as expanding manufacturing capacity in the UK and US. Invinity also plans to raise an additional 5 million pounds through a retail offer of up to 50 million shares. The offer will close Wednesday, with results expected on Thursday and the new shares to begin trading on the London bourse on Nov. 12.

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