Corporate Statement

“Historically, Getech generated 90+% of income from the oil & gas sector, whereas this proportion now stands at 66% as new demand for our services across a much broader corporate landscape increases. This demand for our services is being driven by the energy transition to clean energy, as companies need to locate new materials and find new sources of energy. They also need our data to know where to look for them underground.


According to a non-profit net zero tracker, 91% of the global economy is now covered by net zero pledges by corporates. Government commitments globally have further boosted the market led by the US Inflation Reduction Act and EU Green Deal Industrial Plan, reinforcing the ever-growing demand for subsurface expertise.


There is no line of business that will remain unaffected by climate or energy challenges and Getech is well-positioned to assist, providing its expertise. Getech’s competitive edge comes from spending the last 30 years meticulously collecting data, refining analytics, testing hypotheses and building relationships. We use AI and machine learning in our work, but our core strengths lie in our unique data and exceptional team with the knowledge and vision to use that data to address specific energy challenges.”

Richard Bennett, Chief Executive 

The following information is being disclosed for the
purposes of Rule 26 of the AIM Rules for Companies.

Getech Group plc

Registered Office
Nicholson House, Elmete Hall, Elmete Lane, Leeds. LS8 2LJ

Incorporated and registered in England and Wales under the Companies Act under registration number 2891368

Main Country of Operation
England, United Kingdom

Other countries of operation
United States of America

UK VAT number
758 4466 86



The Board is responsible for formulating, reviewing and approving the Company’s strategies, budgets and corporate actions.

The Directors have responsibility for, and recognize the importance of implementing and maintaining, high standards of corporate governance, and intend that the Company will comply with the Combined Code and the Quoted Companies Alliance’s ‘Guidance for Smaller Quoted Companies’ in such respects as are appropriate for a company of its size, nature and stage of development. The Board has established an audit committee and a remuneration committee (each comprising at least two of the non-executive directors, who will invite other members of the Board to join meetings) with formally delegated duties and responsibilities.


Shares: 67,474,375 issued ordinary shares

Insofar as the company is aware 8.6% of shares are not in public hands.

Getech Group plc major shareholders as at 24th June 2024:

Shareholder % of issued share capital
Amati Global Investors 11.45%
Hargreaves Lansdown Asset Mgt. 7.00%
Interactive Investor 6.70%
Premier Miton Investors 6.62%
BGF Investments 5.90%
Rathbone Investment Mgt. 4.90%
Dowgate Capital 4.01%
A J Bell Securities 3.64%

There are no restrictions on the transfer of the Company’s shares.

There are no other exchanges or trading platforms on which Getech Group Plc securities are trading.

Last updated 24th June 2024

Takeover Code

The Company is subject to the UK City Code on takeovers and mergers.