Pineapple Power Corp PLCLSE: PNPL

Pineapple Power: CLN Conversion and Total Voting Rights

· Issued by Pineapple Power Corp PLC via RNS

Summary by 6ix AI

Pineapple Power Corporation PLC allotted 24,000,000 new ordinary £0.001 shares after the conversion of outstanding convertible loan notes (CLNs, loans that can be turned into shares). After the issue, the company had 180,932,877 ordinary shares in issue as at October 8, 2026, each carrying one vote.

Key details

  • On June 29, 2026, the company said it had raised £300,000 through the issue of CLNs with a conversion price of £0.0025.
  • After this allotment, the company has £74,000 outstanding in CLNs.
  • The company does not hold any ordinary shares in treasury (shares it has bought back and holds itself).
  • The company has separately applied for 11,600,000 new ordinary shares to be admitted to trading, further to its September 21 announcement. It has also applied for 62,200,000 new ordinary shares, further to its September 24 announcement.

What’s still pending

  • Application has been made for the 24,000,000 new shares to trade on the Main Market of the London Stock Exchange, with admission expected on or about October 14, 2026.
  • Admission of the 11,600,000 new shares is expected on or about October 19, 2026.
  • Admission of the 62,200,000 new shares is expected on or about October 22, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/cln-conversion-and-total-voting-rights

Pineapple Power Corporation PLC
08 October 2026
 

8 October 2026

PINEAPPLE POWER CORPORATION PLC

CLN Conversion and Allotment of New Shares

Total Voting Rights

Pineapple Power Corporation PLC (the “Company”) announces the allotment of 24,000,000 new ordinary £0.001 shares following the conversion of outstanding Convertible Loan Notes (“CLNs).

On 29th June 2026, the Company announced that it had raised £300,000 through the issue of CLNs with a conversion price of £0.0025.

Application has been made for the new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 14 October 2026.

Admission of Shares following the RNS announcements of 21 and 24 September

The Company also announces that further to the announcement of 21 September, application has been made for 11,600,000 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 19 October 2026.

Further to the announcement of 24 September, application has been made for 62,200,000 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 22 October 2026.

Following the allotment of the above-mentioned 24,000,000 new ordinary shares, the Company has £74,000 outstanding in CLNs, convertible into 29,600,000 CLNs.

Total Voting Rights

Following the issue of the 24,000,000 new ordinary shares, the Company confirms that as at the date of this announcement the Company has 180,932,877 ordinary shares of £0.001 in issue, with each ordinary share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.

The above figure of 180,932,877 may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Pineapple Power Corporation  PLC                                                              

Contact Nicholas Nelson via Flagstaff

Flagstaff Strategic and Investor Communications 

Tim Thompson / Alison Alfrey / Anna Probert      Tel:+44 (0) 207 129 1474

                                                                                                         [email protected]

Corporate Broker- AlbR Capital

Guy Miller              [email protected]

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