Energys Group (NASDAQ: ENGS) faces Nasdaq bid-price deficiency and delisting risk
Rhea-AI Filing Summary
Energys Group Limited reported that it received a determination letter from the Nasdaq Capital Market stating that its Ordinary Shares are not in compliance with Nasdaq’s minimum bid price requirement of
The company has 180 calendar days, until
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Insights
Nasdaq minimum bid-price noncompliance raises a tangible delisting risk for Energys Group.
Energys Group Limited has fallen below Nasdaq’s minimum
The firm now has 180 calendar days, until
The CEO’s statement emphasizes the importance of Nasdaq listing for liquidity and pricing efficiency and references a focus on improved performance. Actual outcomes will depend on market trading levels, any corporate actions to adjust share price, and future Nasdaq determinations.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-41975
ENERGYS GROUP LIMITED
(Translation of registrant’s name into English)
Franklyn House, Daux Road
Billingshurst, West Sussex
RH149SJ
United Kingdom
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
On March 17, 2026, Energys Group Limited issued a press release titled “Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market.” Copies of the press release and of the Nasdaq Determination Letter are furnished as Exhibits 99.1 and 99.2, respectively.
The press release and the Nasdaq Determination Letter furnished in this report as Exhibits 99.1 and 99.2 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Dated: March 20, 2026 | ENERGYS GROUP LIMITED | |
| By: | /s/ Kevin Cox | |
| Name: | Kevin Cox | |
| Title: | Chief Executive Officer and Director | |
| Exhibit No. | Description | |
| 99.1 | Press Release Dated March 17, 2026 | |
| 99.2 | Letter Dated March 11, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC |
Exhibit 99.1
Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market
BILLINGSHURST, UNITED KINGDOM, March 17, 2026 (GlobeNewswire) – Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”), a vertically integrated energy efficiency and decarbonization solutions provider for the build environment, today announced the receipt of a letter dated March 11, 2026 (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Determination Letter indicated that the closing bid price (the “Bid Price”) for the Company’s Ordinary Shares was below the required Bid Price of $1.00 per share for the past 30 consecutive business days and, as a result, the Company did not comply with Listing Rule 5550(a)(2) (the “Rule”).
In accordance with Listing Rule 5810(c)(3)(C), the Company is provided 180 calendar days, or until September 7, 2026, to regain compliance with the Rule.
The Determination Letter states:
“If at any time during this 180 day period the closing bid price of the Company’s security is at least $1 for a minimum of ten consecutive business days, [the staff] will provide [the Company] written confirmation of compliance and this matter will be closed.”
In the event the Company does not regain compliance with the Rule prior to the expiration of the compliance period, the Company may be eligible for additional time if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and if it provides written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears to Nasdaq Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, it will receive written notification from Nasdaq that its securities are subject to delisting. In the event that occurs, the Company may appeal the delisting determination to a hearings panel.
“We are cognizant of the value to our shareholders of the listing of our shares on Nasdaq given the liquidity and pricing efficiency that the exchange provides. We pledge our best efforts towards improved performance, which we believe will allow us to meet the continued listing standards,” stated Mr. Kevin Cox, the Chief Executive Officer and an Executive Director of the Company.
About Energys Group
Founded in 1998 as an energy conservation consultancy, Energys has since transitioned into a vertically integrated energy efficiency and decarbonization solutions provider for the build environment. Serving organizations from both the private and public sectors, including schools, universities, hospitals and offices, primarily in the UK, the Company’s vision is to deliver innovative solutions that reduce carbon emissions, lower costs and support Net Zero agenda – alongside improving the wellbeing of building users within the build environment.
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.
For more information, please contact:
Energys Group Limited – Investor Relations
Phone: +44 1403 786212
Email: investorrelations@energysgroup.com
Exhibit 99.2
FAQ
What Nasdaq notice did Energys Group Limited (ENGS) receive?
How long does Energys Group (ENGS) have to regain Nasdaq bid-price compliance?
What happens if Energys Group does not regain compliance by September 7, 2026?
Can Energys Group (ENGS) appeal a potential Nasdaq delisting?
What cure options did Nasdaq outline for Energys Group Limited?
How did Energys Group’s CEO respond to the Nasdaq bid-price notice?
Filing Exhibits & Attachments
7 documents