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Invinity Energy Systems ( (GB:IES) ) just unveiled an update.
Invinity Energy Systems has announced the grant of performance-linked share options to its Executive Directors, with vesting conditions set in two tranches based on future share price targets. This strategic move aims to align the interests of the executive team with shareholder value by incentivizing directors to drive the company’s performance, particularly as it seeks to expand the deployment of its ENDURIUM product to meet the growing global demand for non-lithium long-duration energy storage solutions.
More about Invinity Energy Systems
Invinity Energy Systems plc is a company specializing in the manufacture of vanadium flow batteries designed for large-scale, high-throughput energy storage needs of businesses, industries, and electrical networks. These batteries are known for their durability, offering more than 25 years of continuous operation without degradation. The company operates globally with a presence in major energy storage markets including the UK, Canada, USA, China, and Australia, and has been active since its formation in April 2020 following a merger of redT energy plc and Avalon Battery Corporation.
YTD Price Performance: -14.06%
Average Trading Volume: 730,590
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £61.68M
Find detailed analytics on IES stock on TipRanks’ Stock Analysis page.
