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DG INNOVATE PLC

Board/Management Information Feb 1, 2024

4975_rns_2024-02-01_933913cc-b529-4361-99b7-49d7ef57b317.html

Board/Management Information

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National Storage Mechanism | Additional information

RNS Number : 6085B

DG Innovate PLC

01 February 2024

1 February 2024

DG Innovate plc

("DG Innovate" or the "Company")

Appointment of Corporate Broker

DG Innovate (LSE: DGI), the advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and energy storage, announces that it has appointed Cavendish Capital Markets Limited as the Company's sole Corporate Broker with immediate effect.

For further information please contact:

DG Innovate plc C/O IFC
Peter Bardenfleth- Hansen (CEO)

Jack Allardyce (CFO)
IFC Advisory (Investor Relations) 020 3934 6630
Tim Metcalfe

Zach Cohen
FGS Global (Public Relations) 020 7251 3801
Rollo Head

Gordon Simpson

Alessandro M Rubin
Grant Thornton UK LLP (Financial Adviser) 020 7383 5100
Samantha Harrison

Jamie Barklem

Ciara Donnelly
Cavendish Capital Markets Limited (Corporate Broker) 020 7220 0500
Adrian Hadden / George Lawson (Corporate Finance)

Michael Johnson (Sales)

About DG Innovate 

DG Innovate is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DG Innovate is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government, and has filed numerous patents worldwide. DG Innovate's current research and development activities are broadly split into two areas, focusing on novel electric motor technologies and energy storage solutions. Its two main products are: 

- Enhanced Drive Technology (EDT) - High efficiency, cost-effective electric motors + power electronics; and 

- Enhanced Battery Technology (EBT) - Sodium-ion batteries offering a sustainable energy storage solution at similar/greater energy density to incumbent technologies at a lower cost, increased safety with lower environmental footprint.  

Further information may be found at: https://www.dgiplc.com 

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