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A "...small cap with a £40bn potential market" is how Investors' Chronicle described Sulnox Group Plc. With growing revenues, major industry customers and long-term supply agreements, Sulnox is translating its patented technologies into expanding adoption worldwide.

SNOX, Aquis Stock Exchange

GBX
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Bid: GBX --Ask: GBX --

Sulnox Group Plc

A greentech innovation company developing patented treatments that make fossil fuels and biofuels cleaner, more efficient and more reliable.

Its flagship product, Sulnox Eco™, is a 100% organic and biodegradable fuel conditioner that reduces fuel consumption, emissions and engine maintenance requirements, without capital expenditure.

The Group is expanding commercial adoption globally while developing new applications through Sulnox Innovations, including biofuel performance and fuel reclamation.

Learn more about our team

Visit our Aquis page

Company Information

Sulnox Group Plc is a UK public limited company incorporated in England and Wales under the Companies Act 2006.

Markets on which shares are traded

  • Aquis Stock Exchange Growth Market, Apex Segment (AQSE: SNOX)

  • OTCQX Venture Market, United States (OTCQX: SNOXF)

Business Description.

Sulnox Group Plc develops and commercialises patented fuel-conditioning technologies that improve the efficiency, performance and reliability of fossil fuels and biofuels.

Its flagship product, Sulnox Eco™, helps reduce fuel consumption, emissions and engine maintenance costs without requiring capital expenditure.

Further information can be found on our Company page.

Professional Advisers to the company

Allenby Capital, 5 St Helen’s Place, London EC3A 6ABMore information can be found at www.allenbycapital.com

Directors holdings

As at 1 July 2026:

Director

Holding ordinary 2.0p shares

Percentage of share holding of entire issued share capital

Alex Albertini

2,608,696

1.72%

Radu Florescu

265,600

0.18%

Kiesha Robinson

0

0.00%

The above numbers include those of persons closely associated with the directors.

Share Capital

As at 6 July 2026:

  • 151,608,359 ordinary 2p shares in issue

  • 1,388,884 Approved Options with an exercise price of 36.0p

  • 2,811,116 Unapproved Options with an exercise price of 36.0p

  • 200,000 Approved Options with an exercise price of 40.0p

  • 330,000 Unapproved Options with an exercise price of 40.0p

  • 100,000 Unapproved Options with an exercise price of 45.0p

  • 1,920,000 Unapproved Options with an exercise price of 52.0p

  • 500,000 Unapproved Options with an exercise price of 60.0p

  • 702,500 Approved Options with an exercise price of 75.0p

  • 2,275,000 Unapproved Options with an exercise price of 75.0p

As at 1 July 2026:

Shareholder

Holding ordinary 2.0p shares

Percentage of share holding of entire issued share capital

Constantine Logothetis *

37,726,548

24.88%

Nistadgruppen AS

19,484,663

12.85%

EPS Ventures Pte Ltd

16,411,820

10.83%

James Redman Jr.

8,659,200

5.71%

Richard Leggatt

6,807,500

4.49%

Unicorn Asset Management

6,264,779

4.13%

Artemar Inc.

5,476,888

3.61%

Total

89,137,956

64.93%

* This includes shares held by Tergeo Ltd, a company in which Constantine Logothetis holds a majority interest.

Trading Platforms

AJ Bell YouInvest
Barclays Smart Investor
Hargreaves Lansdown

IG
Interactive Investor

Market Makers

Singer Capital Markets
Winterflood Securities
Peel Hunt
Shore Capital
Stifel Nicolaus Europe

Watch CEO Ben Richardson discuss the latest Sulnox developments with Proactive Investors' Steve Darling.

Why Sulnox

Four Drivers of Growth

Market Scale

Applicable to over 70% of every barrel of oil, the fuels the world still runs on.

Protected Technology

Patented portfolio in 100+ markets and used in 50+ countries.

Commercial Momentum

FY2026 revenue up 134% to £2.6m, with major customers entering multi-year supply agreements.

Regulatory Tailwinds

Tighter emissions rules and growing biofuel adoption are increasing the need demand for cleaner, more efficient fuels.

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Frequently
Asked
Questions

Sulnox generates revenue through sales of its patented fuel-conditioning products, primarily Sulnox Eco™. As the product is consumed alongside fuel, customers purchase it repeatedly to maintain the benefits. Growing fleet adoption, long-term supply agreements and international distribution partnerships support recurring demand as the business scales.

Sulnox products are sold in more than 50 countries, with customers including Eastern Pacific Shipping, Spring Marine, Crystal Cruises and Colas Rail UK. Major customers have progressed from successful evaluations to wider deployment, multi-year supply agreements and, in some cases, strategic investment in Sulnox.

Sulnox technology applies to over 70% of every barrel of oil - including petrol, diesel, fuel oils, and biodiesel. With these fuels expected to remain essential for decades, the company addresses a potential global market of £40bn (calculated by Investors' Chronicle), with patents protecting its technology across more than 100 markets.

Sulnox is growing through wider adoption by existing customers, new commercial agreements and international expansion. Beyond its flagship product, Sulnox Innovations is developing additional applications in biofuel performance and protection, fuel reclamation through Sulnox Reclaim, and other emerging opportunities.

Sulnox Group Plc is listed on the Aquis Stock Exchange Growth Market (AQSE: SNOX) and the OTCQX Venture Market in the US (OTCQX: SNOXF). Trading access may vary depending on your broker. For a list of active market makers and supported platforms, please see the section above.

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