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Ampeak Energy Limited announced on 17 February 2026 that Landpad Pte. Limited completed the acquisition of 100% of the shares of SIMEC UK Energy Holdings Limited (SUEH) from the SIMEC Group. As a result, Patrick Joseph Hughes, the sole owner of Landpad Pte. Limited, is now the ultimate beneficial owner of SUEH and is indirectly interested in 214,538,827 Ampeak Energy shares, representing 29.6% of the Company's issued shares.
| Date | 17 Feb 2026 |
| Time | 07:00:09 |
| Category | Miscellaneous |
| ID | 2471T |
17 February 2026
AMPEAK ENERGY LIMITED
("Ampeak Energy" or the "Company")
Ultimate Beneficial Owner Notification
Ampeak Energy announces that it was notified that Landpad Pte. Limited has completed the acquisition of 100% of the shares of SIMEC UK Energy Holdings Limited ("SUEH"), the largest shareholder in Ampeak Energy, from the SIMEC Group. Landpad Pte. Limited is wholly owned by Patrick Joseph Hughes. As a result, Patrick Hughes is now the ultimate beneficial owner of SUEH and is therefore indirectly interested in 214,538,827 Ampeak Energy shares, representing 29.6% of the Company's issued shares.
Patrick Hughes is also the sole owner of Valencia Energy, a UK renewable power specialist that operates, maintains and delivers 400GWh of low-carbon energy to the UK electricity grid each year from solar and landfill gas installations. It is committed to investment and growth to support the journey to Net Zero.
Graham Reid, Ampeak Energy CEO, commented:
"We are pleased to welcome Patrick as a substantial Ampeak Energy shareholder, and we look forward to engaging with him and his team in due course. We are now entering an exciting new chapter in our journey to develop, own and operate sustainable energy projects for the benefit of our shareholders and our planet."
For further information, please contact:
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Ampeak Energy Sean Parsons |
+44 (0)7739832446 |
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Strand Hanson Limited (Nominated and Financial Adviser) Richard Johnson Rory Murphy Harry Marshall |
+44 (0)20 7409 3494 |
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Zeus Capital Limited (Broker) Louisa Waddell Simon Johnson
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+44 (0)20 3829 5000 |
Notes to Editors
Ampeak Energy is a global developer, owner and operator of sustainable energy projects. Ampeak Energy owns the world's flagship tidal stream project, MeyGen, and the Uskmouth Power Station site, which is being repurposed into a sustainable energy park that will become one of the UK's largest battery energy storage sites. www.ampeak.energy
Ampeak Energy's strategy: "Building a Sustainable Future to 2035", can be viewed here
Valencia Energy website can be viewed here
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