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.

Final Results for the year ended 31 December 2024

Link to document

Completion of fundraise

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.

15 May 2025

Eco Buildings Group plc

(the "Company" or the "Group")

Fundraise of £670,000 to support capital expansion

Eco Buildings Group plc (ECOB), a modular housing company, announces that it has raised gross proceeds of £670,000 through a firm placing of 16,750,000 new ordinary shares at a price of 4 pence per share (the "Placing Price").

£250,000 was placed directly with one new subscriber, with the balance placed with existing shareholders.

This compares favourably to the 30-day volume weighted average price (VWAP) of 5.12 pence, representing a discount of approximately 22%.

Proceeds from the Placing will be used primarily to fund the purchase of additional capital equipment and working capital, specifically a further manufacturing line at its existing site. This investment is aimed at scaling production to help service the increasing order book emerging from Albania and Kosovo.

The Company has also agreed to issue Warrants to placees as part of the Placing on a basis of 1 Warrant for every 2 placing Shares. The Warrants may be exercised at a price of 13p. The Warrants are exercisable at any time up to the third anniversary of the date of this announcement at which time they will lapse.

Sanjay Bowry, Chief Executive Officer, commented:

This fund raise enables us to deploy additional manufacturing lines to satisfy the demand that Eco is seeing as a result of its abilities to produce inexpensive housing of high quality and at speed.

We anticipate announcing updates to this deployment throughout the year and the subsequent sales of housing as a result

Admission and Total Voting Rights

The Placing Shares will rank pari passu with the existing ordinary shares in all respects. Admission of the new ordinary shares for the Placing to the AIM Market will occur on or around 20 May 2025.

Following the admission of the new ordinary shares in relation to the Placing, the total issued share capital of the Company will be 101,211,747 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.

Appointment of Joint Broker

The Company is pleased to announce that it has appointed CMC Markets, trading as CMC CapX, as broker to the Company, with immediate effect.

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

Sanjay Bowry, 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.

Strategic Milestones in Senegal JV and EPC Contractor Deployment

6 May 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Strategic Milestones in Senegal JV and EPC Contractor Deployment

Highlights

                •               EPC contractor appointed to deliver Senegal production line as part of global expansion

                •               €1.75M investment from G2 Invest into Eco Buildings Senegal confirmed

                •               Visit to Albania by G2 Invest CEO Elhadji Boudy Sarr marks operational alignment

                •               Training of Senegalese team underway; EPC site planning visits scheduled

Eco Buildings Group plc, a UK-listed modular construction company, is pleased to provide an operational update on its newly formed Senegalese subsidiary, Eco Buildings Senegal LLC ("Eco Senegal"), a joint venture with local partner G2 Invest Group.

Following the signing of a memorandum of understanding with G2 Invest, a Dakar-based facilities management and logistics leader with over 2,000 staff, a significant milestone has now been reached: G2 Invest has formally committed to a €1.75 million investment for a 35% stake in the project. These funds will directly support the installation and activation of a new modular construction line in Senegal.

In parallel, Eco Buildings has now formally appointed a leading Engineering, Procurement, and Construction (EPC) contractor to manage the end-to-end implementation of the Senegal production facility. This EPC contractor, with a workforce of over 500 and a processing capacity of up to 700 tonnes of steel per month, brings proven expertise in delivering complex modular construction capabilities at scale.

A senior delegation from G2 Invest, led by CEO Elhadji Boudy Sarr, recently visited Eco Buildings' production site in Albania. The visit reinforced alignment between both partners and enabled hands-on collaboration on factory setup, technology transfer, and workforce training. As part of this strategic roll-out, a structured training programme for the Senegalese technical and operations team is now underway. Planning visits to the EPC contractor's facility have also been scheduled to finalise site readiness for Senegal's production launch.

Sanjay Bowry, CEO of Eco Buildings Group plc, commented:

"This momentum in Senegal reflects the operational acceleration of our global strategy. From appointing a highly capable EPC contractor to receiving the committed €1.75 million from G2 Invest, we are now entering the execution phase. The visit of Mr. Sarr and his team to Albania shows the strength of our partnership and the readiness of our ecosystem to deliver modular housing at scale in West Africa."

Elhadji Boudy Sarr, Managing Director of G2 Invest Group, added:

"Our visit to Albania confirmed the strength of Eco Buildings' production model. We are proud to bring this proven solution to Senegal, supported by a world-class EPC contractor and a clear operational roadmap. Together, we are building a foundation for affordable, efficient, and sustainable housing in the region."

⸻

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.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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 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.

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.

END

NRAPKQBPKBKDAPK

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

© 2025 London Stock Exchange plc. All rights reserved.

Certification of Environmental Management Award

28 April 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Eco Buildings Group Albania Achieves ISO 14001:2015 Certification for Environmental Management

Eco Buildings Group plc (the "Company" or the "Group"), a UK-listed modular construction company, is proud to announce that its Albanian subsidiary, Eco Buildings Group Albania, has been awarded the ISO 14001:2015 certification for its Environmental Management System (EMS). This internationally recognized standard underscores the Group's unwavering commitment to environmental stewardship and sustainable business practices.

Commitment to Environmental Excellence

ISO 14001:2015 is a globally acknowledged standard that provides a framework for organizations to effectively manage their environmental responsibilities. Achieving this certification demonstrates Eco Buildings Group Albania's dedication to minimizing environmental impact, complying with applicable laws and regulations, and continually improving its environmental performance.

The certification encompasses the production and sale of prefabricated, Glass Fibre Reinforced Gypsum (GFRG) load-bearing wall products, highlighting the Company's focus on sustainable building materials that contribute to eco-friendly construction solutions.

Strategic Advantage in Sustainable Construction

In an era where environmental considerations are paramount, obtaining ISO 14001:2015 certification positions Eco Buildings Group Albania at the forefront of sustainable construction in the region. This achievement not only enhances the Company's reputation but also provides a competitive edge in the market, as clients and partners increasingly prioritize environmental responsibility in their selection of suppliers and contractors.

CEO Statement

Sanjay Bowry, CEO of Eco Buildings Group plc, commented:

"Securing the ISO 14001:2015 certification is a significant milestone for Eco Buildings Group Albania and reflects our Group's overarching commitment to sustainability. This accomplishment reinforces our dedication to environmental management and aligns with our strategic vision of delivering innovative, eco-friendly building solutions. We believe that responsible environmental practices are integral to long-term success and value creation for our stakeholders."

Looking Ahead

Eco Buildings Group plc remains steadfast in its pursuit of excellence in environmental management across all its operations. The Company will continue to implement best practices, invest in sustainable technologies, and engage with stakeholders to promote environmental awareness and responsibility.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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 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.

Launch of Senegalese Subsidiary with a Local Partner

24th April 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Launch of Senegalese Subsidiary with a Local Partner

Highlights

·      Eco Buildings launches a new subsidiary to focus on modular housing in Senegal.

·      Local partner G2 Invest has pledged a €1.75M investment into the new subsidiary to fund a new construction line.

·      Eco Buildings is in negotiation to construct an initial 10,000 homes for a Senegalese Government body.

Eco Buildings, a UK-listed modular construction company, is pleased to announce that it has set up a new subsidiary Eco Buildings Senegal LLC ( "Eco Senegal") to address the significant market opportunities for modular housing in Senegal.

In order to take advantage of this opportunity Eco Buildings has entered into a memorandum of understanding ("MOU") with a local partner G2 Invest Group ("G2 Invest"), a large Dakar-based facilities management and logistics company, led by MD Elhadji Boudy Sarr. G2 Invest has over 2,000 staff focussed on Real Estate and Facilities Management. G2 Invest will be responsible for the day-to-day operations of the Eco Senegal including the set up and operation of the manufacturing facilities. 

To enable the rapid deployment of production capacity, G2 Invest has pledged €1.75 million into Eco Senegal for an equity stake of 35% in the subsidiary. It is anticipated that this investment will be received over the course of the next 3 months.

The €1.75m will be used to fund the deposit and full costs associated with the installation of the new production line in Senegal. This production line will be delivered via Eco Buildings Group's newly appointed EPC contractor and will provide the necessary scale for broader housing delivery as required.

All costs and expenses and cashflows are to be shared between Eco and G2 Invest.

Sanjay Bowry, Chief Executive Officer of Eco Buildings Group plc, commented:

"The setting up of Eco Senegal with G2 Invest demonstrates the increasing global demand for our GFRG modular housing solutions and the effectiveness of our international expansion strategy. Senegal is a geographic region that we have been focussing on as it has significant potential. The MOU with G2 Invest is a material step forward in realising the potential for Eco Buildings in delivering revenues and cashflows.  The Directors believe that G2 Invest has the local contacts and expertise to ensure the opportunities are effectively exploited.  G2 Invest's decision to invest €1.75m in Eco Senegal demonstrates both the scale of the opportunity and their commitment  to its success."

Elhadji Boudy Sarr, Managing Director of G2 Invest Group SARL commented

"This partnership reflects our shared commitment to sustainable development and inclusive housing. With Eco Buildings' innovative technology and our deep local roots, we aim to transform the construction landscape in Senegal and beyond."

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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 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.

Production Milestone Achieved - 16,200 sqm Modular Walls Ready for Delivery

8th April 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 Production Milestone Achieved - 16,200 sqm Modular Walls Ready for Delivery

Eco Buildings Group plc (the "Company" or the "Group"), a UK-listed modular construction company, is pleased to announce that it has significantly improved production time and operational efficiency at the Company's factory in Albania. This significant achievement underscores our commitment to rapid, high-quality delivery of sustainable modular housing solutions.

Figure 1: Full size Wall                                                                       Figure 2: Inventory ready to dispatch

Outstanding Production Performance

The Group has produced 450 modular wall panels, each measuring 36 sqm, resulting in a total of 16,200 sqm of modular walls. These units have been produced and will be delivered to an existing contracted customer, upon completion of groundwork and foundations at the customer's site which is expected this month. This milestone is a testament to our robust production capabilities and meticulous planning. The Company expects payment in Q2 2025, a further update will be made in due course. The full value of this order is expected to generate €4M in revenue.

The direct sale of walls, for use in larger structures, rather than the sale of modular housing, is another revenue stream the Company can quickly supply through its fully operational Albanian factory.

One Shift Operation with a Vision for Expansion

Currently, this output is achieved on a single production shift. We are currently training additional staff and plan to be able to introduce double shifts each day, during this quarter, effectively doubling our production capacity. The Directors believe this significant increase will help ensure we can meet our sizeable order book and the rising market demand, while providing further economies of scale.

Sanjay Bowry, CEO of Eco Buildings, stated:

"Reaching full production from a single shift operation, at a rate significantly greater than anticipated is due to the excellent work of our engineering team and the improvements they have made to the production unit and the operating software.  Our ability to produce 16,200 sqm of modular walls under a single shift operation not only demonstrates our excellent operational effectiveness but also sets the stage for even greater production capacity. By training additional staff for a second shift, we are positioning the Company to rapidly scale production and meet already contracted demand."

Looking Ahead

Achieving full production capability on a single shift is a major boost for the Company, reinforcing our position as a leader in modular construction and providing a strong foundation for future growth. As we prepare to implement the second shift, we remain committed to delivering exceptional quality and efficiency to our customers.

For more information, visit 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.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Board Changes

28th March 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

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.

Eco Buildings announces that Sir Mark Lyall Grant has stepped down as a Non-Executive Director due to his increasing overseas travel and professional commitments. Since joining the Board, Sir Mark has provided invaluable insight, leveraging his extensive experience in international affairs, governance, and strategic advisory roles.

Commenting on his resignation, Sir Mark Lyall Grant said:

"It has been a privilege to serve on the board of Eco Buildings Group plc during an exciting period of growth and transformation. The Company is well-positioned for future success, with a strong leadership team, a clear strategy, and a commitment to innovation. I remain a firm supporter of Eco Buildings and look forward to seeing its continued progress."

Sanjay Bowry, Chief Executive Officer of Eco Buildings Group plc, commented:

"Sir Mark has been a valued member of our Board, and we deeply appreciate his advice and expertise.  We are grateful for his contributions and wish him well for the future. Eco Buildings remains focused on delivering sustainable growth, and we look forward to building on the strong foundations we have laid."

Don Nicolson, Chairman of Eco Buildings plc, commented:

"Mark has been a valuable contributor to the Board since he joined pre-listing on AIM. We wish him well in his new endeavours and thank him for his counsel."

 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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Results of GM

27 March 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Eco Buildings Group Plc, the AIM listed company is pleased to announce that at its GM held today, all resolutions were duly passed.

For more information on Eco Buildings please visit www.eco-buildingsplc.com or contact:

Eco Buildings Group plc

Sanjay Bowry, 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

Notice of General Meeting

12 March 2025

ECO Buildings Group PLC

 (“ECO” or the “Company”)

Notice of General Meeting

Eco Buildings Group Plc confirms that it has posted a notice General Meeting and the associated form of proxy. A copy of the notice can be found below.   The GM will be held at 4.00 p.m. on 27 March 2025 at 160 Camden High Street, London, NW1 0NE

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

Notice of General Meeting

First Showcase house for Chile erected on site and completed

27 February 2025

Eco Buildings Group plc

(the "Company" or the "Group")

First Showcase house for Chile erected on site and completed

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce that it has delivered and constructed it’s first show house in Valpairaso, Chile. A further two show houses are currently being constructed in the Melipilla district. The construction of these houses is the last step in the due diligence process being undertaken by the Chilean government ahead of confirmation of its commitment to enter into a long-term manufacturing and supply contract for modular housing, as part of its broader social housing programme.

These detached two story dwelling units are spread over 60 sqm and come complete with sanitary ware, bathrooms, internal doors and fittings, making them fit for habitation immediately. Eco’s unique manufacturing ability provides for speed of delivery, which is 5 times faster than conventional building methodology and at less than half the cost.

Eco is in advanced negotiations to secure a large volume contract to provide modular housing, under this social housing programme and will   provide a further update.  

As previously announced on 18 April 2024 the manufactured building material (glass fibre reinforced gypsum wall – GFRG) has already been fully tested and confirmed as meeting national building regulations in Chile and other South American markets. The final stage in this certification is the inspection of a completed unit, which encompasses acoustic and insulation validation, which has now been achieved.

Sanjay Bowry, CEO, Eco Buildings said, “We believe Eco Buildings produces the highest specification, lowest cost product in the market. Moreover, visits by representatives from Chile inspecting our fully automated factory, in full production, has provided new and prospective customers with both a compelling product to examine and assurance over our ability to supply, which has in turn lead to the position where we anticipate being able to enter into a material contract.

The social housing programme, in Chile, envisages providing 250,000 single dwelling units over time and Eco is positioned to make a significant contribution to this target. The designs of the show houses are provided by the Ministry of Housing and our team delivered a habitable family home in 12 days, whilst training local contractors. As the local team gains experience, I am confident that this already quick construction time can be reduced further.”

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Confirmation of CE marking approval and certification

3rd February 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

Confirmation of CE marking approval and certification

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce that it has achieved CE marking (Conformite Europeenne) for its products for use throughout the European Community.

CE Marking:

CE marking is a regulatory standard that verifies a product has been assessed by the manufacturer and deemed to meet EU safety, health and environmental protection standards. It is required for products manufactured anywhere in the world that are then marketed in the EU.

Eco Buildings manufactures its glass fibre reinforced gypsum (GFRG) materials used in its modular housing in its purpose-built factory in Albania to the highest standards, as confirmed by various certifications around the world with respect to load bearing abilities, fire resistance, water adsorption and acoustic insulation. This is designed, manufactured and delivered via our unique proprietary vertical production technique of GFRG that delivers modular sections and walls that go into its modular houses.

The CE mark allows its products to be made commercially available within the EU and opens up these markets where there is considerable demand already generated.

Sanjay Bowry, CEO, Eco Buildings said, “Obtaining the CE Marking is an important milestone for Eco Buildings, opening up further parts of the European Community market, where there is already considerable interest and demand for our modular homes.

Eco Buildings has already achieved certification in Albania, Australia, the UAE and Latin America (specifically in Chile) and is now strategically positioned to leverage its manufacturing capabilities in the marketplace. The company continues to focus on expanding its presence in the modular construction sector, driving forward with a commitment to innovation and efficiency.”

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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 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.

Issue of shares

17 January 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

Issue of shares

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, announced that it has issued in aggregate 3,000,000 new ordinary shares at a nominal value (1p) in settlement of existing liabilities. 

Admission & Total Voting Rights

The New Ordinary Shares will rank pari passu with the existing ordinary shares in all respects. Admission to AIM of the New Ordinary Shares will occur on or around 23 January 2025.

Following the admission of the 3,000,000 new ordinary shares, the total issued share capital of the Company will be 84,467,767 ordinary shares, each with voting rights. The Company does not hold any ordinary shares in treasury. 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.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

€1M in Revenues now achieved as of 2nd December 2024

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.

4th December 2024

Eco Buildings Group plc

(the "Company", “Eco” or the "Group")

€1M in Revenues now achieved as of 2nd December 2024

Revenue Milestone achieved and Delivering Solutions to the Global Housing Crisis

Eco Buildings Group plc (“Eco” or the “Group”), a leader in modular housing solutions, is pleased to announce that it has achieved revenues of €1,018,368 as of 2nd December 2024, delivering on its commitments announced on 20 September 2025, ahead of schedule.

This achievement reflects the Group’s operational efficiency, fulfilling customer orders from its state-of-the-art manufacturing facility in Albania faster than anticipated. Eco’s ability to deliver underscores its position as a trusted solution provider to the escalating global housing crisis. As housing demand continues to rise, driven by population growth, urbanization, and affordability challenges, Eco Buildings is proving its ability to deliver scalable, sustainable, and cost-efficient solutions.

Sanjay Bowry, Chief Executive Officer of Eco Buildings Group plc, commented:

“Eco Buildings is pleased to have achieved this significant revenue milestone ahead of schedule. This position is a testament to our team’s dedication, the efficiency of our operations, and our commitment to addressing one of the world’s most pressing challenges: the shortage of affordable, quality housing.

Our current order book, valued at over €114 million across the next three years, combined with increasing global interest in our innovative solutions, reflects the strength of our business model and market relevance. We remain focused on being able to deploy additional manufacturing units and are confident in our ability to exceed near-term revenue forecasts while expanding our footprint in both existing and new markets. Eco Buildings is not just fulfilling its commitments; it is setting a benchmark in providing sustainable housing solutions globally.”

This achievement strengthens Eco Buildings’ reputation as a leader in modular housing, leveraging cutting-edge prefabrication technology to address the critical need for faster, more affordable, and environmentally sustainable construction solutions worldwide".

About Eco Buildings Group plc:

Eco Buildings is at the forefront of modular construction technology, utilizing Glass Fibre Reinforced Gypsum (GFRG)  materials to create versatile, sustainable housing solutions. With a proven track record since 2006, the Group’s innovative housing products address the growing global housing deficit by combining cost-efficiency, speed, and environmental sustainability, serving both affordable and high-end markets.

Investor Assurance:

This announcement contains information deemed to constitute inside information under Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as incorporated into UK law. Upon publication, this information is considered to be in the public domain.

Contact Information:

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Dominican Republic Delegation Visit Follow-Up

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.

19th November 2024

Eco Buildings Group plc

(the "Company" or the "Group")

Dominican Republic Delegation Visit Follow-Up

Letter of Intent confirming order for 10,000 houses valued at USD237m

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to provide an update following the recent visit of the Dominican Republic delegation, led by Minister Carlos Bonilla Sanchez ( Minister for Housing, Habitat and Buildings)  to our manufacturing facility in Albania.

The visit marks a significant milestone in the partnership discussions between Eco Buildings and the Dominican Republic government. The delegation's inspection of our state-of-the-art, fully automated factory underscored the transformative potential of our modular housing solutions. With products that are up to 50% cheaper, two-thirds lighter, and five times faster to build than conventional homes, our technology is uniquely positioned to address the Dominican Republic's pressing social housing needs.

During the visit, Minister Bonilla Sanchez expressed strong interest in the advanced capabilities of our manufacturing processes and the quality of our glass fibre-reinforced gypsum (GFRG) panels, which have already been certified in Chile and approved for use across multiple Latin American markets. This visit reinforced the Dominican Republic government's confidence in Eco Buildings as a strategic partner for delivering affordable, sustainable housing solutions.

Following the visit, detailed negotiations have progressed positively, building on the Letter of Intent signed with Gramma Constructora SRL (a large private construction company headquartered in the Dominican Republic). This agreement outlines the purchase of 10,000 modular homes over the next five years, subject to regulatory approvals. Importantly, the approval process will require homologation rather than full certification, significantly streamlining the timeline. Additionally, the sample wall is already on its way to the Dominican Republic for evaluation and testing. Gramma Constructora SRL has committed to acquiring an initial tranche of 2,000 units annually upon receiving the necessary governmental certifications. Discussions are also advancing regarding the potential establishment of a turnkey manufacturing facility in the Dominican Republic, further demonstrating Eco Buildings' commitment to local economic development. The value of the total contract once executed is USD237m of gross revenue to Eco Buildings Group PLC.

Sanjay Bowry, CEO of Eco Buildings, commented:

 "We are very pleased with the progress achieved during the Dominican Republic delegation's visit to our Albanian factory. Their enthusiasm and recognition of our technology's value reaffirms Eco Buildings' ability to meet critical housing challenges globally. The successful alignment of our vision with their housing strategy marks the beginning of what we hope will be a long-term, impactful partnership."

"We look forward to formalizing agreements in the near future and contributing to the Dominican Republic's social housing initiatives, helping to deliver thousands of homes that are not only affordable but also sustainable and high-quality."

Eco Buildings remains committed to supporting governments and private sector partners worldwide to address housing deficits with innovative, efficient, and eco-friendly solutions. Further updates on this partnership and its developments will be announced in due course.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Delegation from the Dominican Republic Visit

12th November  2024

Eco Buildings Group plc

(the "Company" or the "Group")

Delegation from the Dominican Republic Visit

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce that a delegation from the Dominican Republic is today visiting Eco's factory in Albania to inspect the manufacturing facility and its products being up to 50% cheaper, two-thirds lighter and five times faster to build than conventionally built homes.

The delegation is headed by Minister Carlos Bonilla Sanchez  - the current Minister of Housing, Habitat and Buildings for the government and is the first step to provide much needed social housing for the Dominican Republic.

Eco Buildings is in detailed negotiations to provide modular houses in support of the development of large volumes  and expects to provide a further update in the near term.

As previously announced the manufactured building material (glassfibre reinforced gypsum wall - GFRG) has been fully tested and certified in Chile and as a result is accepted as an approved building material in a number of Latin American countries including the Dominican Republic.

Sanjay Bowry, CEO, Eco Buildings said, "We believe Eco Buildings produces the highest specification, lowest cost product in the market. Moreover, with the fully automated factory in full production, we welcome Minister Bonilla Sanchez whose visit to our factory to examine our compelling product and provide assurance over the security of supply is expected to lead to orders from his government.

We look forward to  updating the market on meeting the requirements of the social housing programme in the Dominican Republic.

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.

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Showcase houses for Chile constructed and shipped

6 November 2024

Eco Buildings Group plc

(the "Company" or the "Group")

Showcase houses for Chile constructed and shipped

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce that it has assembled and shipped three show houses to Chile. This is the next  step towards entering into a long-term manufacturing and supply contract for modular housing under the Chilean government's social housing programme.

These houses are 60 sqm two story detached single dwelling units and come complete with basic sanitaryware,  bathrooms, internal doors and fittings, making them fit for habitation immediately.  

As previously announced on 18 April 2024 the manufactured building material (glass fibre reinforced gypsum wall - GFRG) has already been fully tested and confirmed as meeting national building regulations in Chile and other South American markets.

Sanjay Bowry, CEO, Eco Buildings said, "The progress in Chile emphasizes the appeal and wide-reaching potential of our product which we believe can be installed five times faster than conventionally built homes at half the cost. This achievement not only highlights our ability to connect with diverse markets but also demonstrates the opportunities that lie ahead as we expand our footprint.  With the inherent potential of this  product, we are poised to meet the needs of a growing customer base.

We look forward to updating the market on meeting the requirements of the social housing programme in Chile and the specific volumes and economics of this programme."

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.

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

 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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Orders 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.

16 October 2024

Eco Buildings Group plc

(the "Company", "Eco" or the "Group")

First order received from the original contract with Egeu Stone Sh.p.K 

Orders for landmark Apartment development in Tirana for 26 apartments

Order for one 400 sq metre showhouse to commence development

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce its first confirmed order under the terms of its contract with Egeu Stone, as initially disclosed at the time of the RTO. This follows confirmation that the Company's state-of-the-art factory in Albania is now fully automated, operational and able to satisfy these orders.

The order consists of a turn-key solution for twenty-six modular apartments, each measuring 100 square meters, in a single apartment block in Tirana. The value of this project to Eco Buildings is estimated to be €3m, this is expected to be received in 2025. This highlights the strong value proposition of Eco's high-quality, cost-efficient modular solutions. Under the terms of the contract, as outlined in the admission document, Eco Buildings will participate in the project's profit margins alongside the developer, Egeu Stone which enhances Eco's own profitability. The project will commence with the wall installation scheduled for the first week of November.

In addition, Egeu Stone has confirmed a second order for a 400 square metre showhouse, to be assembled at Olive Park Residences, a prestigious development adjacent to Rolling Hills-Tirana's most exclusive residential area. This marks the first step in providing Eco's innovative modular homes within the Olive Park complex, further validating the company's growth prospects in premium markets.   Olive Park Residences Housing Complex

Sanjay Bowry, CEO of Eco Buildings, commented:

"We are confident that Eco Buildings offers the highest specification, lowest cost product on the market. With our fully automated factory now in production, we can provide prospective customers with both a tangible demonstration of our cutting-edge product and the assurance of reliable, scalable supply. We expect this to drive further orders in the near future.

Demand for Eco's modular housing solutions, both within the Balkans and internationally, continues to reinforce our confidence in the Group's profitability. Our management team and engineering specialists in Durres remain focused not only on delivering our growing order book but also on positioning the company to capture emerging international opportunities"

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.

Interim Announcement 30 June 2024

Link

Order 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.

20 September 2024

Eco Buildings Group plc

(the "Company", “Eco” or the "Group")

New Wall Panel Order for 5,000 sq. metres Received

Multiple Small Dwellings Also Assembled and Sold

Over €1M in Revenues Now Forecast for Year-End 2024

Eco Buildings Group plc (AIM: ECOB), the UK-listed modular housing company, is pleased to announce that it has received a preliminary order of 5,000 sqm of walling from R&T Sh.p.K. for installation as a permanent perimeter wall around a residential tourist site in Albania.

Eco is also in detailed negotiations to provide the buildings making up this development and expects to be able to provide a further update in the near term.

In addition, the Company has commenced deliveries of walling material from its fully operational factory in Albania to its customer who has placed an order for 25,000 sq. metres as announced last month. The balance of deliveries will continue over the coming months.

In addition, the Company already executed on three new orders for small structures which have already been delivered to the customer, with the last structure currently in final assembly stage. These dwellings include a 40 sqm single story office, a 25 sqm security guard block and a 120 sqm 2 storey laboratory currently being completed.

Accordingly, the Board can advise it is expecting to receive over €1,000,000 of revenues from the sale of Eco products between now and year end (being 31 December 2024).

Sanjay Bowry, CEO, Eco Buildings said, “We believe Eco Buildings produces the highest specification, lowest cost product in the market. Moreover, with the fully automated factory in full production, we can provide new customers visiting our factory with both a compelling product to examine and assurance over the security of supply, which is in turn expected to lead to further orders.

The demand, both locally in the Balkans and internationally, continues to reinforce our confidence in the Group’s near- and long-term profitability.

Along with our management team and engineering specialists in Durres, we are focused on not just managing the Group’s delivery schedule and growing order book, but also on how best to position the Company to efficiently capture the international joint venture opportunities emerging for us, as word spreads of the Eco housing solution.

We look forward to the future with great optimism, not only to meet near-term revenue forecasts, but also on leveraging the Company’s efficient business model to realise emerging opportunities.”

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

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 (Broker)

Oliver Stansfield / Jonathan Evans

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.