8 October 2026
ETHTRY PLC
("Ethtry" or the "Company")
Completion of Acquisition of Dunbar Energy
Acquisition to establish a US data centre and energy development platform
Ethtry PLC (AQSE: ETHY) is pleased to announce that, further to its announcements of 12 August 2026 and 14 September 2026, the acquisitions of the entire issued share capital of Dunbar Energy Ltd and Dunbar Energy Inc (together, "Dunbar Energy") have now completed. The terms of the acquisitions remain as set out in those previous announcements.
Completion enables the ordinary shares due to existing Ethtry shareholders (“Bonus Shares”) and the ordinary shares due to Dunbar Energy shareholders (“Consideration Shares”) to be issued.A further announcement will be made when the Bonus Shares and Consideration Shares have been issued along with confirmation of when they will be admitted to trading on the Aquis Growth Market.
In addition, the adjustment to the existing Ethtry warrants and the issue of the consideration warrants to Dunbar Energy shareholders can now take place and a further announcement will be made once this has been undertaken.
As previously announced, Sonu Mirchandani and Zak Newton are proposed appointees to the Board, subject to completion of customary due diligence.A further announcement will be made once their appointments are confirmed.
Mike Murphy, Executive Chairman of Ethtry PLC, commented:
“I am delighted to announce the completion of the acquisition of Dunbar Energy, marking a transformational milestone for Ethtry and the beginning of an exciting new chapter for the Company.
The acquisition establishes the foundation for our US-focused data centre and energy development platform and provides us with a strong base from which to pursue significant opportunities in these rapidly growing sectors.
We are excited about the potential ahead and look forward to working closely with the Dunbar team to build value for shareholders. I would like to thank our shareholders, advisers and everyone involved for their continued support.
Ethtry is now well positioned for an exciting period of growth, and we look forward to updating shareholders as we move forward.”
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
The Directors of the Company accept responsibility for the contents of this announcement.
Enquiries
Ethtry PLC
Mike Murphy — mike@ethtry.com
Steve Winfield — steve@ethtry.com
AlbR Capital Limited
Aquis Corporate Adviser
David Coffman
+44 (0)20 7469 0930
Temeraire Partners
Dunbar Corporate Advisor
Chloe Finamore — Chloe@temerairepartners.com