HARMONY ENERGY INCOME LIMITED

Shareholders of Harmony Energy Income Limited

Harmony Energy Income Limited’s disclosed ownership is recorded through the UK Persons with Significant Control (PSC) register rather than a conventional shareholder list, reflecting its status as a private limited company rather than a publicly traded entity. One active person with significant control is currently disclosed: PP Bidco Limited (company number 16332292), a private limited company registered in England and Wales. PP Bidco Limited was notified as holding significant control on 17 June 2025, reporting ownership of 75% or more of shares, 75% or more of voting rights, and the right to appoint or remove directors. Company announcements describe PP Bidco Limited as indirectly and wholly controlled by funds within the portfolio managed by Foresight Group LLP, formed to acquire the company through a scheme of arrangement completed on 17 June 2025 at 92.4 pence per share paid to the previous public shareholders. A prior controlling entity, Harmony Energy Advisors Limited (company number 13538492), was notified as holding significant control at incorporation on 1 October 2021 but ceased to hold this control on 9 November 2021.

Ultimate beneficial ownership

No verified ultimate beneficial owner who is a natural person has been identified. The current disclosed controlling party, PP Bidco Limited, is itself a corporate entity, and its own beneficial ownership chain up to individual investors in the Foresight-managed funds was not confirmed from the sources reviewed.

Data availability

Ownership information is best described as major shareholders only: the UK PSC register discloses entities meeting the statutory significant-control thresholds but does not publish a full shareholder register, and does not itself identify ultimate natural-person beneficial owners behind corporate controllers. Information reflects the Companies House PSC register as retrieved on 18 September 2026.

Sources

• Companies House, HARMONY ENERGY INCOME LIMITED, Persons with Significant Control register, https://find-and-update.company-information.service.gov.uk/company/13656587/persons-with-significant-control, retrieved 18 September 2026.
• London Stock Exchange, Cancellation – Harmony Energy Income Trust PLC, 18 June 2025, retrieved 18 September 2026.

Directors and officers of Harmony Energy Income Limited

Companies House records four active officers and nine resigned officers for Harmony Energy Income Limited. The current officers comprise three individual directors and one corporate company secretary. David Richard Weeks and Jemma Louise Sherman were appointed directors on 17 June 2025, the effective date of the scheme of arrangement that brought the company under the control of funds managed by Foresight Group LLP. Filippo De Vettori was appointed as a further director on 4 March 2026. JTC (UK) Limited, a corporate officer registered in England and Wales (company number 04301763), has served as company secretary since incorporation on 1 October 2021.

Between 12 October 2021 and 17 June 2025, the board comprised Norman Crighton, Janine Gail Freeman, Hugh Peter McNeal, William Francis Sebastian Rickett and Dr Shefaly Maya Yogendra as non-executive directors, all of whom resigned on 17 June 2025 upon completion of the takeover. James Benedict Williams was appointed director on 17 June 2025 and resigned on 4 March 2026. Officer information reflects the Companies House register as retrieved on 18 September 2026. Nationalities shown here are as officially disclosed by Companies House and are not inferred from names, addresses or country of residence.

Recent officer changes

• Appointment: Filippo De Vettori appointed director, 4 March 2026 (Companies House).
• Resignation: James Benedict Williams resigned as director, 4 March 2026 (Companies House).
• Board change: five non-executive directors resigned and David Richard Weeks and Jemma Louise Sherman were appointed, 17 June 2025, coinciding with completion of the Foresight Group scheme of arrangement (Companies House).

Data availability

UK company officer data is fully public via Companies House, including appointment and resignation dates and disclosed nationality. Occupation and country of residence were not separately confirmed from the sources reviewed. JTC (UK) Limited is a corporate officer; its own directors were not investigated as part of this review.

Sources

• Companies House, HARMONY ENERGY INCOME LIMITED, Officers register, https://find-and-update.company-information.service.gov.uk/company/13656587/officers, retrieved 18 September 2026.

Group structure of Harmony Energy Income Limited

Harmony Energy Income Limited is not an independent company. It is controlled by PP Bidco Limited (company number 16332292), a private limited company registered in England and Wales, notified as holding 75% or more of shares and voting rights and the right to appoint or remove directors, with effect from 17 June 2025. PP Bidco Limited was formed to acquire the company on behalf of funds managed by Foresight Group LLP under a scheme of arrangement. Foresight Group LLP is the ultimate identifiable controller referenced in company announcements, though its precise shareholding chain above PP Bidco Limited was not independently confirmed from the sources reviewed.

Below Harmony Energy Income Limited, Companies House confirms at least one verified direct subsidiary, HEIT Holdings Ltd (company number 13894909, England and Wales), in which Harmony Energy Income Limited holds 75% or more of shares and voting rights, notified 4 February 2022. Harmony Energy Income Limited’s own corporate-structure data lists further indirect operating subsidiaries beneath HEIT Holdings Ltd, corresponding to individual battery energy storage site companies; these are shown in the structure graph on this profile and are not repeated here.

A separate corporate entity, Harmony Energy Advisors Limited (company number 13538492), held significant control over Harmony Energy Income Limited between 1 October 2021 and 9 November 2021, before the company’s admission to the London Stock Exchange. Harmony Energy Advisors Limited is not currently a shareholder, parent or subsidiary of Harmony Energy Income Limited according to the PSC register; any ongoing role as investment adviser to the underlying BESS portfolio could not be verified from an official filing and is not asserted here.

Verified corporate relationships

Recent structural changes

• Acquisition: PP Bidco Limited, linked to Foresight Group-managed funds, acquired control of Harmony Energy Income Limited via a scheme of arrangement effective 17 June 2025 (Companies House PSC register; London Stock Exchange cancellation notice).
• Re-registration: the company converted from a public limited company (Harmony Energy Income Trust PLC) to a private limited company and adopted its current name in August 2025 (Companies House).

Data availability

UK corporate-linkage information for Harmony Energy Income Limited is partial: the PSC register confirms the immediate controlling entity and one direct subsidiary, but the full ownership chain up to Foresight Group LLP, and the current status of the historical Harmony Energy Advisors Limited relationship, were not confirmed from official filings reviewed.

Sources

• Companies House, HARMONY ENERGY INCOME LIMITED, PSC register, https://find-and-update.company-information.service.gov.uk/company/13656587/persons-with-significant-control, retrieved 18 September 2026.
• Companies House, HEIT HOLDINGS LTD, PSC register, https://find-and-update.company-information.service.gov.uk/company/13894909/persons-with-significant-control, retrieved 18 September 2026.