22 April 2024
DG Innovate plc
("DG Innovate" or the "Company")
Final results for the year ended 31 December 2023
DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, announces the publication of the Company's Annual Report and Financial Statements for the year ended 31 December 2023.
The Annual Financial Report is available via http://www.rns-pdf.londonstockexchange.com/rns/4154L_1-2024-4-21.pdf and will shortly be available to view on the Company's website at: https://www.dgiplc.com
For further information please contact:
| DG Innovate plc | C/O IFC |
| Peter Bardenfleth- Hansen (CEO) Jack Allardyce (CFO) | |
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| IFC Advisory (Investor Relations) | 020 3934 6630 |
| Tim Metcalfe Zach Cohen | |
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| FGS Global (Public Relations) | 020 7251 3801 |
| Rollo Head Gordon Simpson Alessandro M Rubin | |
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| Grant Thornton UK LLP (Financial Adviser) | 020 7383 5100 |
| Samantha Harrison Jamie Barklem Ciara Donnelly |
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| Cavendish Capital Markets Limited (Corporate Broker) | 020 7220 0500 |
| Adrian Hadden / George Lawson (Corporate Finance) Michael Johnson (Sales)
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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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