Announcements

Fiona Hadfield Fiona Hadfield

Eco Buildings Group Albania Completes Independent EN, ISO and BS Standard Testing for Its GFRG Structural Wall System, Establishing Platform for UK Expansion

11 November 2025

Eco Buildings Group PLC
("Eco Buildings" or the "Company")

Eco Buildings Group Albania Completes Independent EN, ISO and BS Standard Testing for Its GFRG Structural Wall System, Establishing Platform for UK Expansion

Eco Buildings Group plc, a UK-listed modular construction company, is pleased to announce that its Albanian subsidiary, Eco Buildings Group Albania, has successfully completed a comprehensive and independent programme of testing in accordance with European (EN) and International (ISO) standards, each is equivalent to British Standards (BS). The results as set out in the table below confirm the strong performance of the Company's proprietary Glass Fibre Reinforced Gypsum (GFRG) wall system, the structural core of Eco Buildings' low-carbon, high-speed modular housing technology.

Independently Conducted and Verified

The testing was conducted independently by Altea Geostudio, an accredited European laboratory certified to international quality standards (including TÜV Austria accreditation). The laboratory performed all assessments under EN and ISO methodologies recognised as equivalent to British Standards (BS) within current UK and EU construction-product frameworks.

The testing by Altea awarded compliance with the following standards:

Property

Standard

Equivalent BS Reference / Purpose

Compressive strength

ISO 604

BS EN ISO 604 - Determines load-bearing and structural capacity

Tensile strength

ISO 527-5

BS EN ISO 527-5 - Measures reinforcement and deformation resistance

Thermal conductivity

ISO 8302

BS EN 12667 - Evaluates insulation and energy-efficiency performance

Fire resistance

EN 13501-2

BS EN 13501-2 - Classifies fire behaviour and stability under heat

Sound reduction

ISO 10140 / ISO 717-1

BS EN ISO 717-1 - Assesses acoustic insulation and occupant comfort

Water absorption

ISO 62

BS EN ISO 62 - Tests resistance to moisture and long-term durability

CE / Conformity testing

CPR 305/2011

CPR 305/2011 - Confirms compliance with EU / UK construction-product regulations

 

This independent laboratory testing demonstrates that Eco Buildings' GFRG walls meet or exceed the thresholds required for structural integrity, safety, durability and environmental efficiency, fully aligned with British Standards equivalence.

Raising the Bar in Modular Construction

The Directors believe that few companies in the modular-construction sector have undertaken such a broad, independently verified testing programme across all EN, ISO and BS-equivalent categories. This depth of validation places Eco Buildings among the most technically proven and transparent producers of modular systems in Europe, reinforcing credibility with regulators, partners and institutional investors; and uniquely utilizing GFRG core material.

Because EN and BS frameworks are harmonised, Eco Buildings can present a single recognised dataset across both EU and UK jurisdictions, reducing approval timelines and ensuring compliance with EU CPR and UKCA regimes. This provides a competitive advantage as governments and developers increasingly prioritise pre-validated, sustainable construction solutions.

Strategic Importance and UK Market Readiness

Completion of this independent testing provides a robust technical foundation for Eco Buildings' international expansion and directly supports its entry into the UK modular-housing market. With performance verified to EN and ISO standards equivalent to BS, Eco Buildings can now engage with UK developers, housing associations and local authorities confident that its system satisfies domestic compliance and performance benchmarks.

The Company is advancing plans for its first UK modular production facility, delivering sustainable, factory-built homes consistent with national Net-Zero and affordable housing objectives.

Executive Comment

Dr Etrur Albani, Executive Vice-Chairman of Eco Buildings Group plc, commented:

"Completion of this independent EN and ISO testing, equivalent to British Standards, represents a major technical milestone for Eco Buildings. These standards are the universal measure of quality, safety and sustainability in construction, and a limited number of companies in our sector have been tested to this level. It confirms that our GFRG system consistently delivers excellence in strength, fire safety, thermal and acoustic performance. With this foundation, Eco Buildings is ideally positioned to scale across Europe and to bring our proven modular-housing technology to the UK market."

About Eco Buildings Group plc

Eco Buildings Group plc is a UK-listed innovator in prefabricated, green-housing technology. Its modular systems, based on proprietary GFRG wall panels, serve both affordable and high-end markets, combining cost efficiency, rapid deployment and sustainability. The Group is expanding globally with established partnerships and projects across Europe, Africa and Latin America.

Further information: www.eco-buildings.net

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

For further information please contact:

Eco Buildings Group plc
Dr Etrur Albani - Executive Vice Chairman
Fiona Hadfield - Finance Director
Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)
Matt Davis / James Keeshan
Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

 CMC Capital Markets (Joint Broker)
Douglas Crippen

Tel: +44 (0) 203 003 8254

 


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Fiona Hadfield Fiona Hadfield

Eco Buildings exhibits its innovative modular housing technology at the Energy, Construction and Green Economy Fair in Tirane

30 October 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Eco Buildings exhibits its innovative modular housing technology at the Energy, Construction and Green Economy Fair in Tirane

Eco Buildings Group plc, a UK-listed modular construction company, is pleased to announce that it is exhibiting its proven, high-quality modular housing technology at the Energy, Construction and Green Economy Fair taking place this week at the Palace of Congresses in Tirane, Albania.

The Palace of Congresses is one of Albania’s most prestigious exhibition venues. The EU-funded event attracts more than 10,000 visitors over two days and serves as one of the most important gatherings for industry leaders, developers, investors, and policymakers across the Balkan region.

Eco Buildings’ exhibition allows visitors to experience first-hand its advanced Glass Fibre Reinforced Gypsum (GFRG) modular building system, with demonstration videos and physical examples of the technology available for inspection. The showcase acts as a national demonstration hub, enabling government approval bodies and major developers to evaluate Eco’s rapid, sustainable construction technology, which combines speed, cost-efficiency, and environmental performance at scale.

The event also supports Eco Buildings’ continued regional expansion as demand for high-performance, low-carbon housing solutions grows across Albania and neighboring markets.

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

“We are proud to participate in this international fair and to demonstrate our advanced modular building system in Albania, a country that continues to showcase real vision and commitment to innovation in construction. Our GFRG-based technology delivers a new standard of sustainability, quality, and affordability. It is a pathway to faster, cleaner and smarter housing. Albania is a core strategic market for Eco, and this exhibition reinforces our long-term commitment to support both public and private sector projects across the region.”

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future.

Further information is available on Eco Buildings’ website: www.eco-buildings.net

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani, Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)

Oliver Stansfield / Jonathan Evans

Tel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8254

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 walls (“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 and the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million 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, quality, and affordability.

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Fiona Hadfield Fiona Hadfield

Albania Project Update

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.

 

27th October 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

 

Albania Project Update – Groundworks Completed, First Payment Received, and commencement of Ground Floor Construction

Eco Buildings Group plc (“Eco Buildings”, or “the Company”), the AIM-quoted designer, manufacturer and builder of advanced modular housing systems, is pleased to provide an update on the continuing progress of its 18-unit apartment development in Tirana, Albania.

Groundworks Completed and First Payment Received

The Company has now completed all groundworks and foundations for the first 18-unit apartment block. This key milestone has triggered the receipt of an initial 10% contract payment  being €220,000 from the developer, marking the first revenue inflow under the Albanian project.

With foundations complete, the site team is now commencing ground floor construction. The Company is confident that the project will be completed ahead of schedule.

Progress Consistent with Prior Announcements

This update follows the RNS announcements of 4 September 2025 and 9 September 2025, which confirmed that 40% of materials for the project had already been produced and stocked. Today’s progress confirms that the project remains fully on schedule and consistent with the previously communicated 6-to-9-month delivery timeframe.

Financial Overview and Pipeline Expansion

The 18-unit apartment block is the first of Eco Buildings’ growing pipeline of developments in Albania. Negotiations are now well advanced for a further three to four similar apartment blocks, and discussions continue for a wider roll-out of Eco Buildings’ technology across the country.

The development is being advanced in collaboration with one of Albania’s most established property groups as part of a growing partnership to deliver high-quality, energy-efficient housing using Eco Buildings’ proprietary GFRG (Glass Fibre Reinforced Gypsum) modular technology.

This development is situated in Tirane on the site being constructed and will consist of 6 apartment blocks and a large number of high quality detached villas of varying sizes.

Next Steps and Outlook

Completion and hand-over of the first apartment block is now expected to take place ahead of the original timeline.

Dr Etrur Albani, Executive Vice-Chairman of Eco Buildings, commented:

“Eco Buildings continues to position itself as a leading innovator in sustainable modular housing, combining speed of construction, reduced carbon footprint, and enhanced thermal performance to address the growing demand and shortage of housing across Europe and emerging markets. The Company will provide further updates as the Albanian project reaches new construction milestones and as the additional apartment blocks are formally contracted”

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

About Eco Buildings Group Plc

Eco Buildings Group Plc is a technology company redefining global housing delivery. Its proprietary automated GFRG modular building system enables the construction of sustainable, high-quality homes at unmatched speed and cost, certified across multiple jurisdictions. Eco’s strategy is to deploy at least two production lines per country in partnership with governments and developers to meet urgent housing demand worldwide. Our modular housing solutions cater to both affordable and high-end housing markets. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani, Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8254

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 walls (“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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Fiona Hadfield Fiona Hadfield

Update on Chilean Operations

Reach Announcement

24 October 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

Update on Chilean Operations

 

Eco Buildings Group plc (“Eco Buildings” or the “Company”), the AIM-quoted designer, manufacturer and builder of advanced modular housing systems, issues the following clarification in response to recent investor enquiries and online commentary regarding its operations in Chile.

As part of Chile’s regulated social housing framework, all projects are administered through licensed entities known as Entidades de Gestión Inmobiliaria Social (EGIS), officially accredited Social Housing Management Organisations that act as the primary interface between government programmes and private sector delivery partners.

Eco Buildings’ agreement in Chile is with E.P. Solhabit Ltda., a fully licensed and accredited EGIS authorised to participate in Chile’s national social housing programme. Under this framework, Solhabit designates the qualifying recipient families and oversees compliance with national housing policy requirements, while Eco provides its advanced modular housing technology and construction expertise.

The Company confirms that its collaboration with Solhabit is fully consistent with Chilean administrative procedures and housing legislation. Eco Buildings is also in active and extensive discussions with several additional licensed EGIS entities, reflecting the substantial and growing demand for the Company’s innovative, high-tech, and energy-efficient building systems. There are in excess of 370 licenced EGIS organisations in Chile.

These arrangements are set out in the Government legislation : Resolution 1439 Exenta under the New Housing Policy of the Chilean Government

Eco Buildings continues to progress these opportunities in a structured and transparent manner, ensuring that each partnership meets both local regulatory standards and the Company’s own governance requirements.

Further updates will be provided as developments occur.

For context, investors can refer to the publicly available documentation outlining the EGIS framework within Chile’s national social housing programme. Please use the following link:

https://www.arcom.ac.uk/-docs/proceedings/ar2008-371-380_Salvatierra-Garrido_Pasquire_and_Thorpe.pdf

About Eco Buildings Group Plc

Eco Buildings Group Plc is a technology company redefining global housing delivery. Its proprietary automated GFRG modular building system enables the construction of sustainable, high-quality homes at unmatched speed and cost, certified across multiple jurisdictions. Eco’s strategy is to deploy at least two production lines per country in partnership with governments and developers to meet urgent housing demand worldwide. Our modular housing solutions cater to both affordable and high-end housing markets. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani , Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)
Douglas Crippen

Tel: +44 (0) 203 003 8254

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 walls (“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.

Read More
Fiona Hadfield Fiona Hadfield

Clarification re Eco Buildings €420m Chile Contract

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.

22 October 2025

Eco Buildings Group PLC

(“Eco”, “Eco Buildings” or the “Company”)

Clarification re Eco Buildings €420m Chile Contract

Further to the Company’s announcement on 21 October 2025 regarding the initial 50% deposit of €12.75 million received pursuant to the Chilean government’s flagship housing programme, the Company wishes to clarify that this amount relates to the construction of 1,214 homes, not 607 homes as previously stated. The revised figure reflects a variation from the original contract following the Chilean housing authorities’ agreement to accelerate the schedule of delivery in Year One, under which the total number of homes to be delivered under the first tranche has been increased accordingly.

All other information in the announcement on 21 October 2025 remains unchanged, including the initial deposit payment of €12.75 million which will be used to fund the initial production lines, the overall contract value of approximately €420 million and the total programme of 20,000 homes over seven years.

For more information contact:

Eco Buildings Group plc
Dr Etrur Albani, Executive Vice Chairman
Fiona Hadfield, Finance Director
Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)
Matt Davis / James Keeshan
Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)
Oliver Stansfield / Jonathan Evans
Tel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)
Tel: +44 (0) 203 003 8632

Read More
Fiona Hadfield Fiona Hadfield

Eco Buildings Secures over €400m Chile Contract

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.

21 October 2025

Eco Buildings Group PLC

(“Eco”, “Eco Buildings” or the “Company”)

Eco Buildings Secures over €400m Chile Contract

Highlights

·       Landmark agreement to manufacture and supply 20,000 homes in Chile under the Government’s flagship social housing programme.

·       Approximately €420 million gross revenues over seven years, with Government-backed payment structure.

·       First 607-house tranche funded with 50% deposit of €12.75 million.

·       Establishes Eco as a key provider in Chile’s housebuilding programme.

Eco Buildings Group PLC (“Eco Buildings” or the “Company”), the UK-listed modular housing innovator (AIM: ECOB), is pleased to announce that it has signed a landmark agreement with the authorities in Chile to deliver 20,000 high-quality modular homes under the Chilean Government’s flagship social housing programme. The approximately €420 million contract spans seven years and marks Eco’s transition from certification to full-scale commercial rollout in Latin America.

Background

In July 2023, Eco initiated the rigorous two-tier approval process in Chile, one of the most stringent in Latin and Central America. Following successful completion of all required testing and acoustic and insulation validations, Eco has now achieved full certification, joining a select group of approved building systems in the country.

As previously announced on 3 March 2025, Eco constructed demonstration homes in Melipilla (Metropolitan Region) and Valparaíso, two strategically important areas near Santiago. These show homes were visited by senior Government officials, parliamentarians and municipal leaders, allowing them to assess first-hand the quality, speed and aesthetics of Eco’s technology.

Following these visits and town hall allocation meetings, the first tranche of 607 homes has already been designated to beneficiary families. It is expected this initial tranche will be delivered during the course of 2026 and is fully costed by a 50% deposit of €12.75 million, in line with Chile’s government payment framework. By the seventh year of the contract, the Company is expected to be delivering up to 5,000 homes per year.

Under the terms of the agreement, Eco will supply 20,000 homes over seven years, generating approximately €420 million in gross revenues. To deliver this efficiently, Eco will deploy a new manufacturing line in Chile, leveraging its fully automated GFRG (glass fibre reinforced gypsum) panel technology. Factory installation is planned for Q2 2026.

The Chilean Government’s long-term programme targets 250,000 homes nationwide. With certification achieved and commercial rollout underway, Eco is well positioned to become a long-term partner in addressing Chile’s social housing deficit. The Board anticipates replicating this model across Latin America.

Chile’s social housing programmes are delivered through a structured framework involving EGIS (Social Housing Management Organisations) and SERVIU (the national housing authority). More than 370 EGIS entities coordinate technical and social aspects, site selection, design, and contracting. This decentralised model allows private companies like Eco to integrate rapidly into national programmes while maintaining rigorous oversight and payment security.

Structured Payment Framework

The contract is governed by Chile’s Ministry of Housing administrative procedures framework (Resolution 1439, DS No. 49 (2011)), which establishes the mechanism by which Housing Association companies supervise and fund the development of social housing programmes.

Under this framework, Eco, as the manufacturer of industrialised housing components, is entitled to receive advance payments of up to 50% of the contract value for each lot, with the balance payable upon delivery and on-site verification by the national housing authority (Serviu).

Each of the multiple lots within the 20,000 home programme will be contracted and funded individually, with 50% deposits lodged directly with Eco at the commencement of each lot. This structure provides payment security, predictable cash flows, and minimal working-capital exposure over the seven-year programme.

Dr Etrur Albani, Executive Vice-Chairman of Eco Buildings, commented:

“Securing our first project in Latin America represents an important milestone for Eco Buildings and demonstrates the scalability of our revolutionary technology across new markets. Chile provides a strong regulatory framework and a strategic entry point into the wider region.

Our focus is on delivering high-quality, sustainable and affordable housing through an efficient, industrialised approach. We believe our technology can support governments and developers in accelerating housing delivery across Latin America in a cost-effective and environmentally responsible way.”

Eco anticipates announcing further joint venture arrangements, in line with those previously disclosed in regions such as Senegal and Sudan.

Eco’s GFRG walling system has been analysed against ACI 318-08 standards, demonstrating ductility, axial load capacity and shear performance suitable for seismic regions. Reinforced panels achieve axial load capacities up to four times higher than unfilled panels, with shear strengths exceeding 45 MPa in representative calculations, confirming the system’s structural integrity and seismic resilience.

Notes

·       Eco’s technology is based on large-format, glass fibre reinforced gypsum (GFRG) panels, enabling faster, cheaper, greener construction compared to conventional methods.

·       The certification obtained in Chile is recognised regionally, providing a platform for expansion into neighboring countries with lower regulatory barriers.

·       Eco already has contracts in Albania and Kosovo, generating €114 million in expected revenues over three years, and is advancing multiple pipeline opportunities globally.

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc
Dr Etrur Albani, Executive Vice Chairman
Fiona Hadfield, Finance Director
Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)
Matt Davis / James Keeshan
Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Broker)
Oliver Stansfield / Jonathan Evans
Tel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)
Tel: +44 (0) 203 003 8632

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Fiona Hadfield Fiona Hadfield

Operational Update on Geographic Expansion 

16 October 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 

Operational Update on Geographic Expansion

Eco Buildings Group plc ("Eco" or the "Company"), a technology-driven modular housing company quoted on AIM, is pleased to provide an operational market update outlining its geographic expansion strategy and technology roll-out which the Board believes will position Eco Buildings to become a leader in affordable, sustainable, high-quality housing delivery.

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

"I am pleased by the progress Eco is making as we continue to successfully expand our technological and manufacturing capacity. Our aim is to deploy our unique technology in all countries where there are acute housing shortages, across both developed and emerging economies.

In the UK, where affordable housing remains one of the most pressing national priorities, we believe our technology offers a ready-to-deploy, scalable solution. We encourage policymakers to explore how innovative approaches like ours can become part of the solution to the country's housing challenge."

Improving Housing Through Technology

The Company has completed the computerisation and integration of the entire modular housing production process, creating a fully automated, high-precision housing manufacturing platforms.

At the heart of the system is the Company's proprietary Vertical Panel Casting Machine (VPCM) combined with Glass Fibre Reinforced Gypsum (GFRG) wall technology, a blend of advanced materials science, precision automation, and architectural flexibility.

Key technological features include:

  • Vertical casting and CNC finishing: Walls are cast with millimetre precision and pre-cut using CNC systems, enabling fast integration of openings and service routes.

  • Structural performance: Panels meet or exceed international standards for fire safety, thermal insulation, acoustic performance and water resistance, tested under ISO 9001 and 17025 regimes in accredited laboratories in Chile, Australia, UAE and Albania.

  • Architectural adaptability: Homes produced using Eco technology can reflect traditional, modern or regional designs, blending seamlessly into local environments.

  •  Damp- and mould-free for life: GFRG's natural resistance to water and rot ensures healthier and longer-lasting buildings.

  • Environmental leadership: Eco walls floors and roofs are recyclable and manufactured with significantly lower carbon, water, sand, cement and steel inputs than traditional methods, and are certified under ISO 14001, CE marking and CodeMark.

Each production line can deliver up to six completed homes per day (based on a 60 sqm dwelling), combining speed, precision, quality and sustainability at industrial scale.

Geographic Roll-Out Strategy

The Board's objective is to deploy its technology platform in key markets across the world, enabling governments, developers and communities to address urgent housing needs through a standardised, certified, rapidly deployable system.

The Company's roll-out strategy is built around the following pillars:

1. Localised Production

Eco establishes local production lines deployed in each country of operation, eliminating shipping delays and costs, reducing carbon footprint, and stimulating local economies.

2. Minimum Two Lines Per Country

Eco plans to deploy a minimum of two fully operational automated production lines in every country.

  • The first line accelerates pilot delivery and market entry and rapid accretive cash generation

  • The second provides redundancy, scalability, and the capacity to support national housing programmes.

3. Strategic Partnerships

Each deployment is carried out with strong local partners that contribute capital and market access, ensuring long-term alignment and shared success.

4. Phased Regional Expansion

  • Phase 1: Albania, Kosovo, Chile, Senegal and Sudan, addressing regions with the most immediate housing delivery programmes and demonstrating industrial scalability.

  • Phase 2: Western Europe and North America applying the same platform to affordable, sustainable and ESG-compliant housing initiatives in mature markets.

Standardisation and Certification & Global Momentum

All production lines operate under a single global technical and quality framework, enabling uniform performance standards, financing flexibility, and replicable delivery models for governments and institutional partners.

A Scalable Platform for Global Impact

The Board believes Eco's platform represents a real shift in how housing shortages can be resolved. By establishing at least two automated production lines per country, Eco aims to create permanent, high-capacity local industries capable of delivering thousands of homes annually, adapted to local needs but built to a global standard.

The Company is actively progressing developments in Albania, Kosovo, Chile, Senegal and Sudan, while finalising ISO certifications and assessing opportunities in the UK Canada and Germany to support entry into Western markets.

The Company has secured a strong pipeline of projects across multiple jurisdictions. The production line model is designed for rapid replication, enabling Eco Buildings to scale quickly in each market while maintaining consistent global quality and environmental standards.

 

About Eco Buildings Group Plc 

Eco Buildings Group Plc is a technology company redefining global housing delivery. Its proprietary automated GFRG modular building system enables the construction of sustainable, high-quality homes at unmatched speed and cost, certified across multiple jurisdictions. Eco's strategy is to deploy at least two production lines per country in partnership with governments and developers to meet urgent housing demand worldwide. Our modular housing solutions cater to both affordable and high-end housing markets. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

 

 

Further information is available on Eco Buildings website: www.eco-buildings.net

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani , Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

CMC Capital Markets (Joint Broker)

Douglas Crippen 

Tel: +44 (0) 203 192 1739

Tel: +44 (0) 203 003 8254

 

Read More
Fiona Hadfield Fiona Hadfield

Eco Buildings to Launch Sudanese Subsidiary to Deploy Next-Generation Modular Housing Technology with €5 Million Local Funding Commitment

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 

Eco Buildings to Launch Sudanese Subsidiary to Deploy Next-Generation Modular Housing Technology with €5 Million Local Funding Commitment

 

Highlights

  • Eco Buildings launches a new subsidiary with Socotra Real Estate Development and Investment Company to focus on modular housing in Sudan.

  • Contracted investment of €5 million by Socotra to Eco Buildings to fund two new production lines.

Eco Buildings, a UK-listed modular construction company, is pleased to announce that it is establishing a new subsidiary, Eco Buildings Sudan Ltd ("Eco Sudan"), to address the significant market opportunities for modular housing in Sudan.

To enable this expansion, Eco Buildings has entered into a memorandum of understanding ("MOU") and signed an Agreement with Socotra Real Estate Development and Investment Company ("Socotra"), a well-established Khartoum-based facilities management and logistics group with a proven track record in delivering complex infrastructure projects. Socotra's operational strength and established public and private sector relationships make it an ideal strategic partner for rapid deployment and scale.

 To enable the rapid deployment of production capacity, Socotra has agreed to make a €5 million contracted investment in Eco Buildings for which it will receive a stake in Eco Sudan, which will be responsible for operating and selling the output from the Company's wholly-owned manufacturing facilities and production lines in the Sudan. Under the terms of the MOU and the Agreement, Socotra will be entitled to receive 50% of any net profits generated by Eco Sudan.

The €5 million commitment will be used by the Company to fully fund the deposit and capital required to deploy and install two production lines owned by the Company in the Sudan. This structure ensures that Eco Sudan can move from MOU to operational capacity without further capital outlay from Eco Buildings, while retaining meaningful strategic upside. The production lines will be delivered via Eco Buildings' EPC contractor, providing the scale required for major housing delivery programmes.

The Company and Socotra have entered into an agreement (the "Agreement") governing the terms and operation of Eco Sudan, which will manage the establishment of the manufacturing facility and the production of the homes to be built.

Socotra will be responsible for the day-to-day operations of Eco Sudan, including the set-up and running of the manufacturing facilities. In accordance with the Agreement, the funding commitment will be received over the course of the next six months. This will allow for the provisioning of a site to locate the manufacturing facility and initiate the corporate structure and governance of Eco Sudan.

Sudan has already demonstrated its ambition for large-scale development through landmark projects such as the Al-Mogran riverside development in Khartoum. Eco Buildings' technology provides the scalable and cost-efficient platform needed to bring such ambitions to fruition.

Strategic Vision & Technological Edge

Eco Buildings' entry into Sudan is part of a broader strategy to deploy high-tech modular construction platforms globally, enabling markets to leapfrog traditional building methods. Its GFRG technology integrates digital controls, automation and precision engineering, delivering speed, cost discipline and quality unmatched in regional construction.

By combining this proprietary platform with Socotra's local operational strength, Eco Buildings is establishing a scalable blueprint that can be replicated rapidly across Sudan and neighbouring markets. Once the first two lines are installed and optimised, this model allows for fast geographic expansion with minimal incremental investment.

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

"The landmark JV in Sudan with Socotra not only serves to further demonstrate the increasing global demand for our GFRG modular housing solutions, but also the efficiency of our international expansion strategy. Sudan lies at the centre of a geographic region with significant potential. The MOU with Socotra is a material step forward in realising that potential. Their decision to back Eco Buildings with a substantial, early-stage, €5 million contracted investment should make their faith in the ability of Eco's technology to tackle the scale of this opportunity, as well as Socotra's deep, long-term commitment to its success, evident to all our stakeholders."

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani , Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

CMC Capital Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 192 1739

Tel: +44 (0) 203 003 8254

 

 

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Fiona Hadfield Fiona Hadfield

First Canadian Order

Eco Buildings Enters Canadian Market with Strategic First Order to Drive National Expansion

Highlights

  • A developer in Toronto, Ontario, Canada has placed an order for a two-storey loft showhouse (130 sqm) to be shipped from Eco's factory in Albania to Toronto.

  • The showhouse will serve as a strategic sample home, where government approval institutions, regulators, and developers will validate Eco Buildings' technology to confirm local certification and adoption.

  • This order is the launchpad for Eco Buildings' Canadian strategy, including the planned establishment of a dedicated Eco factory in Ontario to produce modular GFRG housing systems locally.

  • This initiative directly aligns with national housing needs, with Canada requiring approximately 3.5 million additional homes by 2030 to restore housing affordability (source: CMHC).

Eco Buildings Group plc, a UK-listed modular construction company, is pleased to announce the commencement of construction of a two-storey loft showhouse of 130 square metres in its factory in Albania, to be shipped to site in Toronto, Canada. The site is 30,000 square metres and the individual plot size for this house is 370 square metres.

This initial project represents far more than a single sale; it is the first tangible step in Eco Buildings' strategic entry into the Canadian market. Upon completion of local certification and building regulation approvals, the showhouse is expected to be the precursor for a major housing development on the same site.

The client is purchasing the house at a price of €600 per sqm, as well as covering all shipping and transportation costs from the Eco factory in Albania to the site in Toronto.

The Toronto showhouse will act as a national demonstration hub, where government approval bodies and major developers will be invited to experience Eco Buildings' rapid, sustainable modular building system first-hand. This approach provides regulatory approvals and unlocks large-scale deployment potential across the country.

Following this initial phase, Eco Buildings plans to establish a dedicated Eco factory processing plant in Ontario, enabling local production of its GFRG modular building systems. This facility will support high-volume housing delivery to help tackle Canada's housing shortage, estimated at 3.5 million additional homes by 2030.

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

"This is a genuine breakthrough moment for Eco Buildings in Canada. After years of concern over how to close the housing gap, Eco's proven technology provides a practical, rapid, and scalable solution. By delivering a turnkey, high-quality building in a fraction of the usual time and cost, we are demonstrating a model that can be replicated nationwide. This order represents the launchpad for our strategic Canadian expansion, fully aligned with the country's housing affordability objectives."

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future.Further information is available on Eco Buildings' website: www.eco-buildings.net

 About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

 

For more information contact:

Eco Buildings Group plcDr Etrur Albani, Executive Vice ChairmanFiona Hadfield, Finance DirectorTel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)Matt Davis / James KeeshanTel: +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)Oliver Stansfield / Jonathan EvansTel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)Douglas CrippenTel: +44 (0) 203 003 8254

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 walls ("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 and the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million 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, quality, and affordability.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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Fiona Hadfield Fiona Hadfield

Operational Update on Senegalese Subsidiary

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.

7th October 2025

Eco Buildings Group PLC

"Eco Buildings", "Eco" or the "Company"

 

Eco Buildings Secures Senegal JV to Deliver 900,000 m² / 5,000-Home Modular Housing Programme

JV with G2 Invest advances to execution phase; factory mobilisation underway and first-phase planning approvals expected before year-end

Eco Buildings Group plc (the "Company" or the "Group"), a UK-listed modular construction company, is pleased to announce a major milestone in its strategic joint venture in Senegal with G2 Invest Group, one of Dakar's leading logistics and facilities management companies.This milestone follows Eco Buildings' previously announced strategic framework for a 10,000-home programme in Senegal, demonstrating rapid progression from agreement to on-the-ground mobilisation.

Following the binding Memorandum of Understanding (MoU) signed earlier this year, the parties have now entered into a full Shareholders Agreement (the "Agreement") establishing the terms of the joint venture vehicle to be named, Eco Buildings Senegal Limited. In accordance with the Agreement and as previously announced, G2 Invest has committed to making an initial €1.75m payment into Eco Buildings Senegal LLC. This payment is expected to be received in December 2025. G2 Invest confirmed that phase one of the housing programme totaling approximately 900,000 m² of built-up floor area - equivalent to 5,000 homes - has been formally allocated to the joint venture. This programme will be delivered using Eco's proprietary modular building systems.

This marks a significant commercial inflection point for Eco Buildings as the project moves from planning into the execution and delivery phase.

Eco's modular system enables rapid, high-quality delivery at scale, providing a cost-effective solution to address significant housing deficits in emerging markets.Planning approvals are expected to be completed before year-end, reflecting the sequencing of regulatory and mobilisation steps. This will allow site works and factory deployment to begin immediately thereafter.Mobilisation of the first manufacturing line is underway, with deployment scheduled to align with the planning approval timetable, positioning the JV to commence site works immediately following regulatory sign-off.

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

"This joint venture has now moved decisively from agreement to action. With the JV structure in place, factory mobilisation underway, final planning approvals expected before year-end, and a 5,000-home programme allocated, we are positioned to deliver meaningful scale in Senegal. This partnership combines Eco's proven modular technology and delivery capability with G2 Invest's strong local presence and government relationships. Together, we are addressing Senegal's housing challenge with speed, scale, and sustainability.

This first phase not only represents a significant revenue pipeline in its own right, but also establishes a strategic operational base from which Eco Buildings intends to replicate its modular housing model across other West African markets."

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is redefining construction for the future.More information: www.eco-buildings.net

For more information, please contact:

Eco Buildings Group plc

Dr Etrur Albani, Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel: +44 (0) 203 368 3550

Tavira Securities Limited (Joint Broker)

Oliver Stansfield / Jonathan Evans

Tel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8632

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

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Fiona Hadfield Fiona Hadfield

Conversion of Loan Notes

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.

19 September 2025

Eco Buildings Group plc

(the "Company" or the "Group")

Conversion of Loan Notes

Eco Buildings Group Plc (ECOB), a modular housing company, announces that it has issued 5,000,000 new ordinary shares following receipt of a conversion notice of £200,000 on the Loan Notes issued by the Company on the 4 September 2025 at a conversion price of 4 pence per share (the “Conversion”).

Admission & Total Voting Rights

The new ordinary shares in relation to the Conversion will rank pari passu with the existing ordinary shares in all respects. Admission of the new ordinary shares on the AIM Market pursuant to the Conversion will occur on or around 25 September 2025.

Following the admission of the new ordinary shares in relation to the Conversion, the total issued share capital of the Company will be 121,211,747 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.

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 (Joint Broker)

Oliver Stansfield/Jonathan Evans

Tel: +44 (0)20 3192 1739

CMC Markets UK Plc (Joint Broker)

Douglas Crippen

Tel: +44 (0)20 71708200

 

 

 

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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Fiona Hadfield Fiona Hadfield

Fundraise of £600,000

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 level 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, Chief Executive Officer

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

 

 

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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Fiona Hadfield Fiona Hadfield

Eco Buildings Group plc Announces Board Changes

5th September 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

 

Eco Buildings Group plc Announces Board Changes

 

Eco Buildings Group plc (the “Company” or the “Group”) announces a change to its board as part of its continued commitment to strong governance and long-term growth.

 

Resignation of Sanjay Bowry

 

Eco Buildings announces that Sanjay Bowry has stepped down as CEO of Eco Buildings Group PLC effectively immediately and is no longer a director of the company. As part of making the board being efficient and with the focus of activity increasingly global and especially in Albania these duties will be subsumed into Dr Etrur Albani’s existing role as Executive Vice-Chairman and co-founding shareholder.

The short term focus will be to continue to enhance operational resource capability on the ground in the Balkans to support our growth agenda in the region and to focus on increasing commercial Joint Venture partnerships internationally.

Don Nicolson, Chairman of Eco Buildings plc, commented:

I wish Sanjay well in his future endeavours and look forward to Etrur continuing to drive forward the Company’s growth agenda

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

 

 

For more information contact:

Eco Buildings Group plc

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

 

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

 

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

CMC Markets UK plc (joint Broker

Douglas Crippen

 

Tel: +44 (0) 203 003 8632

Tel:  +44 (0) 203 192 1739

 

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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Fiona Hadfield Fiona Hadfield

€2.2 Million Contract Signed and £300,000 Convertible Loan Note Issue to existing shareholder.

4th September 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

 

€2.2 Million Contract Signed and £300,000 Convertible Loan Note Issue to existing shareholder.

Highlights

●       €2.2 million contract signed for construction of a luxury 18-unit apartment block.    

●       Construction will commence immediately

●       A further 5 identical structures

●       A £300,000 zero coupon convertible loan note an existing shareholder to fund the initial contract.

Eco Buildings Group plc, a UK-listed modular construction company, is delighted to announce the award of a new contract to construct a luxury low-rise apartment block comprising 18 single dwellings, each averaging 100 square meters. Following the construction of this first apartment block, the Company has a letter of intent in place to build another two identical apartment blocks in Q1-Q2 next year. Negotiations are ongoing to then build a further 3 apartment blocks once the initial three are built.

 

The Eco Buildings’ Board believes this will serve as a precursor to a larger villa development in Albania, which the Board hopes will commence upon completion of these 6 apartment blocks.

 

Each apartment block is anticipated to generate €2.2 million in revenue, with anticipated gross margins consistent as those previously reported by the Company of 40%.

 

The Directors believe that Eco Building's innovative technology has enabled the Company to secure this contract by delivering a significantly more affordable solution compared to traditional wall construction, thereby saving the developer substantial time and costs. Each apartment block is expected to be completed and ready for handover within 6-9 months of the construction start date. Building of the first luxury apartment block commenced this week.


Convertible Loan Note Issue

Eco Buildings Group plc has raised £300,000 through the issuance of a zero coupon, 2-year loan note, convertible at 4p (the “Note”) to provide additional working capital to service the contract to build the first apartment block.

 

This compares favourably to the 30-day volume weighted average price (VWAP) of X.XX pence, representing a premium of approximately X%.

 

The Note, which has been subscribed for by Frazer Lang, an existing investor in the Company, is convertible at any time, at the election of the Note holder, during its 24 month term into new ordinary shares in the Company at a price of 4 pence per share. No interest is payable on the Note.

The Company has also agreed to issue Warrants as part of the Note on a basis of 1 Warrant for every 2  Shares issued. The Warrants may be exercised at a price of 8p and are exercisable at any time up to the third anniversary of the date of this announcement at which time they will lapse.

 

Commenting, Etrur Albani Executive Vice Chairman of Eco Buildings Group plc, said:

 

“This contract represents the first phase of a premier luxury development in Tirana, It highlights the superior quality of our factory-produced products and reaffirms our strategic decision to establish operations in Albania.

 

The new funding from Frazer Lang, a long-standing and supportive shareholder, will enable us to capitalize on the surging demand fuelled by Albania's flourishing construction industry."

 

Commenting, Frazer Lang said: "Having recently visited Eco’s production site in Albania, I am deeply impressed by the team's expertise and the disruptive potential of their technology to revolutionize the construction industry. This funding will enable the Company to accelerate growth and capitalize on exciting opportunities, such as this landmark apartment development, amid Albania's booming construction sector."

 

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on the Eco Buildings website: www.eco-buildings.net

 

For more information, contact:

Eco Buildings Group plc

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

 

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

 

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (joint Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

CMC Capital Markets (joint Broker).                                                        Tel: +44 (0) 203 003 8632

Douglas Crippen

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 walls (“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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Fiona Hadfield Fiona Hadfield

Litigation update re Fox Marble vs the Republic of Kosovo

14 July 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Litigation update re Fox Marble vs the Republic of Kosovo

Litigation Update - Case Fully Funded by High-Profile Legal Finance Leader

 

Eco Buildings Group PLC, the AIM-listed modular housing and marble quarrying company, is pleased to announce a major positive development regarding the ongoing €195 million arbitration proceedings brought by its subsidiary, Fox Marble Ltd, against the Republic of Kosovo.

The Company has secured an offer of full litigation funding from Atticus Litigation Financing, a new litigation financing fund set to become operational in August 2025. Atticus is advised by Nick Rowles-Davies, a recognised pioneer and global leader in the litigation funding sector. Mr Rowles-Davies previously led Burford Capital PLC (the largest litigation funder in the world) globally outside of the Americas as Managing Director and was a director of Burford Capital until 2016. He was the co-founder of Vannin Capital from 2010 to 2014 and a Partner at Bridgehouse Partners from 2004 to 2011.

This backing will ensure that Fox Marble is fully resourced and able to pursue its €195 million claim through the International Court of Arbitration, where the arbitration panel nomination process is already underway. The case relates to substantial losses resulting from adverse and improper actions taken by various government agencies in Kosovo.

Leading the legal strategy, Fox Marble has engaged BSA Law, a prominent international firm headquartered in Dubai, operating on a Conditional Fee Arrangement (CFA) basis, underscoring their confidence in the strength of the claim.


Sanjay Bowry, CEO of Eco Buildings, commented:
"This is an important moment in moving forward on this issue. With this offer to fully fund our case by Atticus that is advised by one of the most respected figures in global litigation finance, we are confident in our ability to see this claim through to a positive outcome. The support from Atticus and BSA Law is a strong external validation of our legal position and the compelling merits of our case."

This announcement is further to the disclosures in the Company's AIM Admission Document published on 28 April 2023 and the announcement by the Company on 5 May 2023.


This announcement contains inside information as defined under Article 7 of the EU Market Abuse Regulation (596/2014).


About Eco Buildings Group PLC

Eco Buildings is a leading innovator in prefabricated, sustainable housing technology, leveraging proprietary GFRG panel-based systems. The Company serves both the affordable and high-end housing markets with solutions that dramatically reduce construction time and cost while maintaining architectural integrity and environmental responsibility.

 

For more information contact:

Eco Buildings Group plc

Sanjay Bowry, Chief Executive Officer

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

 

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

 

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (joint Broker)

Oliver Stansfield / Jonathan Evans

CMC Capital Markets (joint Broker).  Tel: +44 (0) 203 003 8254

Thomas Curran

Tel:  +44 (0) 203 192 1739

 


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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