EQTEC Clears GIS Facility Through Share Conversion and Expands Equity Base

EQTEC plc ( (GB:EQT) ) just unveiled an update.

EQTEC plc has converted the remaining £160,000 outstanding under its facility agreement with Global Investment Strategy UK Limited into 470,588,235 new ordinary shares at 0.034 pence per share. Following this conversion, the facility is fully repaid and cancelled, simplifying the company’s capital structure and removing a source of short-term financing overhang.

The new shares are expected to be admitted to trading on AIM around 27 February 2026 and will rank pari passu with existing ordinary shares. After admission, EQTEC will have 8,459,876,454 ordinary shares in issue, a change that alters shareholder dilution and provides an updated base for investors monitoring ownership thresholds under UK disclosure rules.

The most recent analyst rating on (GB:EQT) stock is a Sell with a £0.06 price target. To see the full list of analyst forecasts on EQTEC plc stock, see the GB:EQT Stock Forecast page.

Spark’s Take on GB:EQT Stock

According to Spark, TipRanks’ AI Analyst, GB:EQT is a Neutral.

The score is primarily held down by weak financial performance (ongoing losses, leverage, and negative cash flow). Technicals add further pressure due to a persistent downtrend, while valuation provides limited support given the negative P/E and lack of dividend data.

To see Spark’s full report on GB:EQT stock, click here.

More about EQTEC plc

EQTEC plc is a technology-led energy transition company focused on advanced solutions for low-carbon power generation. Listed on AIM in London, it develops and licenses technologies that support the shift toward cleaner energy, positioning itself within the broader renewables and sustainable infrastructure market.

Average Trading Volume: 101,194,121

Technical Sentiment Signal: Strong Sell

Current Market Cap: £529.2K

For detailed information about EQT stock, go to TipRanks’ Stock Analysis page.