Energys Group (ENGS) restores Nasdaq bid price status; market value test pending

Rhea-AI Filing Summary

Energys Group Limited reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed that, for 10 consecutive business days from March 19 to April 1, 2026, the company’s ordinary shares closed at or above $1.00 per share, satisfying Listing Rule 5550(a)(2).

The company has not yet received confirmation that it also meets Nasdaq’s $35 million minimum market value of listed shares requirement under Listing Rule 5550(b)(2), although management believes this standard has been met for at least the last 10 consecutive business days.

Insights

Equity Listings Analyst

Energys restores Nasdaq bid price compliance; market value status still pending.

Energys Group Limited has cured its Nasdaq bid price deficiency after its ordinary shares closed at or above $1.00 for 10 straight business days through April 1, 2026. Nasdaq confirmed compliance with Listing Rule 5550(a)(2) and closed this matter.

The company has not yet received Nasdaq’s formal confirmation that it meets the $35 million minimum market value of listed shares under Listing Rule 5550(b)(2), though management believes this standard has been satisfied for at least 10 consecutive business days. The actual impact now depends on Nasdaq’s separate determination regarding this market value requirement.

Key Figures

Minimum bid price threshold: $1.00 per share Consecutive days at or above $1.00: 10 business days Minimum market value of listed shares: $35 million +1 more

4 metrics

Minimum bid price threshold $1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement met over 10 business days

Consecutive days at or above $1.00 10 business days From March 19, 2026 to April 1, 2026

Minimum market value of listed shares $35 million Nasdaq Listing Rule 5550(b)(2) threshold; formal compliance notice not yet received

Compliance Letter date April 2, 2026 Nasdaq Listing Qualifications Department letter confirming bid price compliance

Key Terms

Nasdaq Listing Rule 5550(a)(2), Bid Price Requirement, minimum market value of listed shares, Form 6-K, +1 more

5 terms

Nasdaq Listing Rule 5550(a)(2) regulatory

"the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2)"

Bid Price Requirement financial

"regained compliance with the Bid Price Requirement because we recognize the value"

A bid price requirement is a rule that specifies the minimum price a buyer must offer per share when making an official purchase proposal, tender offer, auction bid, or similar transaction. It matters to investors because it sets a floor for negotiations and valuation—like a reserve price in an auction—ensuring bids meet regulatory, contract or market standards and helping shareholders and markets judge whether an offer is fair or likely to succeed.

minimum market value of listed shares financial

"regained compliance with the $35 million minimum market value of listed shares requirement"

Form 6-K regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

Listing Qualifications Department regulatory

"from the Listing Qualifications Department of The Nasdaq Stock Market LLC"

A listing qualifications department is the part of a stock exchange that checks whether a company meets the exchange’s rules for being listed and staying listed. Think of it as a gatekeeper or building inspector: it reviews financial statements, disclosure practices and corporate governance, flags problems and can require fixes or remove a company’s shares. Investors care because its decisions affect whether a stock remains tradable and how much trust to place in a company’s reporting.

Form 6-K: How Foreign Companies Report to the SEC →

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 April 2, 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 ☐

Regaining Compliance with the Bid Price Requirement to Continue Listing on Nasdaq

Energys Group Limited (Nasdaq: ENGS) received a letter on April 2, 2026 (the “Compliance Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that the staff had determined that for the last 10 consecutive business days, from March 19, 2026 to April 1, 2026, the closing bid price of the Company’s Ordinary Shares had been at $1.00 per share or greater. The Compliance Letter further stated that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and that this matter is now closed.

“We are pleased that the Company has regained compliance with the Bid Price Requirement because we recognize the value to our shareholders of the Nasdaq listing and intend to continue to meet the Bid Price Requirement,” stated Mr. Kevin Cox, the Chief Executive Officer and an executive director of Energys.

The Company has not yet received notice of having regained compliance with the $35 million minimum market value of listed shares requirement of Listing Rule 5550(b)(2), although management of the Company believes that the market value of the Company’s listed shares has been above $35 million for at least the last 10 consecutive business days.

The Compliance Letter attached to this report as Exhibit 99.1 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.

Exhibit No.		Description
99.1		Letter Dated April 2, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC

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: April 14, 2026	ENERGYS GROUP LIMITED
	By:	/s/ Kevin Cox
	Name:	Kevin Cox
	Title:	Chief Executive Officer and Director

Exhibit 99.1

 

FAQ

What did Energys Group Limited (ENGS) announce in this Form 6-K?

Energys Group Limited announced it has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed the company’s shares closed at or above $1.00 for 10 consecutive business days, resolving the prior bid price deficiency under Listing Rule 5550(a)(2).

How did ENGS regain compliance with Nasdaq’s bid price requirement?

ENGS regained bid price compliance because its ordinary shares closed at or above $1.00 per share for 10 straight business days. Nasdaq’s Listing Qualifications Department reviewed trading from March 19 to April 1, 2026 and determined this satisfied Listing Rule 5550(a)(2).

What is the $35 million market value requirement mentioned for ENGS?

Nasdaq Listing Rule 5550(b)(2) requires a minimum market value of listed shares of $35 million. ENGS states it has not yet received Nasdaq’s confirmation of compliance, although management believes the company’s listed shares have exceeded $35 million for at least 10 consecutive business days.

Is Energys Group Limited now fully compliant with all Nasdaq listing standards?

ENGS has regained compliance with Nasdaq’s minimum bid price rule, and that matter is closed. However, it has not yet received Nasdaq’s notice confirming compliance with the separate $35 million minimum market value of listed shares requirement under Listing Rule 5550(b)(2).

What did ENGS’s CEO say about regaining Nasdaq bid price compliance?

CEO Kevin Cox said the company is pleased to have regained compliance with the Bid Price Requirement and recognizes the value of its Nasdaq listing. He also stated that Energys intends to continue to meet this bid price standard for the benefit of shareholders.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 861 B
• EX-99 GRAPHIC 491.3 KB