お知らせ • Apr 10
Good Energy Announces Cancellation of the Admission to Trading of its Shares on AIM Effective April 10, 2025 On 27 January 2025, the boards of Good Energy Group plc (‘Good Energy’) and Esyasoft Investment Holding RSC Limited (‘Esyasoft’) announced that they had reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued ordinary share capital of Good Energy (the ‘Acquisition’). On 7 April 2025, Good Energy announced that the High Court of England and Wales had made an order sanctioning the Scheme under section 899 of the Companies Act at the Court Hearing held on that day. Good Energy and Esyasoft announced that, following the delivery of a copy of the Court Order to the Registrar of Companies, the Scheme has now become Effective in accordance with its terms. As previously advised, Good Energy Shares were suspended from trading on AIM at 7:30 a.m. 9 April 2025. Following the application to the London Stock Exchange, the cancellation of the admission to trading of Good Energy Shares on AIM is expected to take effect at 7:00 a.m. on 10 April 2025. Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: UK£0.26 (vs UK£0.17 in FY 2023) Full year 2024 results: EPS: UK£0.26 (up from UK£0.17 in FY 2023). Revenue: UK£180.1m (down 29% from FY 2023). Net income: UK£4.75m (up 65% from FY 2023). Profit margin: 2.6% (up from 1.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.7% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. お知らせ • Nov 26
Good Energy Group Announces Extension of PUSU Deadline On 28 October 2024, the board of directors of Good Energy Group PLC (the ‘Board’) announced that it had received an indicative, non-binding proposal from Esyasoft Holding Limited (‘Esyasoft’) relating to a possible offer for the entire issued and to be issued share capital of the Company. In order to allow further time for Esyasoft to progress its due diligence exercise, the Company has requested that the Panel on Takeovers and Mergers (the ‘Panel’) extends the current deadline of 5.00 pm on 25 November 2024 by which time Esyasoft must, in accordance with Rule 2.6(a) of the Code, either announce a firm intention to make an offer for the Company under Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies (the ‘PUSU Deadline’). In the light of this request, an extension has been granted by the Panel and, in accordance with Rule 2.6(a) of the Code, Esyasoft is required, by not later than 5.00 pm on 23 December 2024, to either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This revised PUSU Deadline may be extended with the consent of the Panel, at Good Energy's request, in accordance with Rule 2.6(c) of the Code. There can be no certainty that an offer will be made. お知らせ • Nov 11
Good Energy Group plc Announces Executive and Board Changes Good Energy Group PLC appointed Carl Hogg as Services Managing Director. Carl will oversee Good Energy's services business, leading operations across all five acquired entities to manage integration, drive growth, and ensure a cohesive customer experience across the Good Energy group. Carl has over 15 years of experience in operational leadership overseeing large, complex services businesses. He will join Good Energy from Johnson Controls where, in his role as Group Services Director, he held responsibility for service delivery and excellence across the UK and Ireland for building technology and solutions. In this role, he has contributed to double digit growth through improved strategy and customer experience. Prior to this, he worked in the telecoms industry at BT and then Openreach, starting as an apprentice engineer and advancing to senior roles, overseeing field engineering teams and contact centres globally. In addition, Good Energy has appointed Ryan McShea to the role of Business Development Director, Commercial Solar. Ryan will lead solar installation sales for Good Energy in the commercial sector, targeting customers from small-to-medium enterprises to large corporations and local authorities. A fully qualified electrician, Ryan founded Empower Energy, which was recently acquired by Good Energy, in 2010. Empower Energy is his third business, he built the company's strong reputation in the commercial solar market overseeing the installation of over 35MW and revenue growth to £10.1m in the year ending 31 August 2024. お知らせ • Oct 29
Good Energy Gets Takeover Approach from UAE-Linked Firm A company with links to the United Arab Emirates’ royals has approached UK electricity supplier Good Energy Group PLC (AIM:GOOD) about a potential takeover attempt. Dubai-based Esyasoft Holding Ltd. told bosses at Good Energy that it is weighing an offer on 25 October 2024, in what the British firm described as an “unsolicited” advance in a 28 October 2024 announcement. Previous stock exchange filings indicate it is controlled by the Abu Dhabi International Holding Company (IHC), whose Chairman is Sheikh Tahnoun bin Zayed Al Nahyan, the son of the UAE’s founder and part of the Abu Dhabi ruling dynasty. It is not one of the so-called Big Six major power suppliers, but directors were included in industry-wide talks with Labour’s energy consumers minister Miatta Fahnbulleh at the end of August about how firms can support bill payers. Good Energy’s board is “evaluating” the potential approach, the firm said on 28 October 2024, with “no certainty” that an offer will ultimately be made. Esyasoft now has until November 25 to table a bid. Nigel Pocklington, Chief Executive Officer of Good Energy, said business customers are “increasingly recognising that the commercial rationale for installing solar is strong, even before you consider the associated benefits of carbon reduction”. Esyasoft was approached for comment. お知らせ • Oct 28
Good Energy Group PLC (AIM:GOOD) entered into a conditional binding agreement to acquire Empower Energy Limited for £8 million. Good Energy Group PLC (AIM:GOOD) entered into a conditional binding agreement to acquire Empower Energy Limited for £8 million on October 28, 2024. As part of the acquisition, Good Energy Group PLC will acquire 100% of the issued share capital of Empower on a debt-free, cash-free, basis. The consideration consists of £6.25 million in cash, issue of 254,237 new ordinary shares of Good Energy and £1 million is payable in cash in January 2026, subject to certain retention arrangements relating to Ryan McShea, Founder and Managing Director of Empower. The Acquisition will be funded from Good Energy's existing resources whilst retaining a healthy cash balance to support the continued organic growth of the Group. For the period ending August 31, 2024, Empower Energy Limited reported total revenue of £10.1 million and profit before tax of £1.8 million.
Henry Fitzgerald-O'Connor and Harry Rees of Cannacord Genuity Group acted as financial advisor to Good Energy Group PLC. 
