logo-loader
RNS
Haydale Graphene Inds PLC

Haydale Graphene Ind - Issue of Shares

RNS Number : 6727Y
Haydale Graphene Industries PLC
07 March 2017
 

 

For immediate release

7 March 2017

 

Haydale Graphene Industries plc

('Haydale', 'Group' or the 'Company')

 

Issue of Shares

 

Haydale (AIM:HAYD), the global nanomaterials group, announces that the second tranche of the £3.26 million strategic investment from its agreement with Everpower International Holdings Co. Ltd ('Everpower') announced on 3 February 2017, equivalent to approximately £160,000, has been received by Haydale.

 

Accordingly, application has been made for 95,864 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") ("Tranche 2 Shares") to be admitted to trading on AIM, with admission expected to occur on or around 10 March 2017 ('Admission'). Following Admission, Everpower's interest in Haydale will be 191,728 Ordinary Shares, representing approximately 1.1 per cent. of the Company.

 

The Tranche 2 Shares will be credited as fully paid and will rank pari passu with the Company's existing Ordinary Shares. Following Admission, the total number of voting rights in the Company will be 17,640,931 Ordinary Shares and shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

- Ends -

 

For further information:

Haydale Graphene Industries plc

 

Ray Gibbs, Chief Executive Officer

Tel: +44 (0) 1269 842 946

Matt Wood, Finance Director

www.haydale.com

Trevor Phillips, Head of Communications

 

 

 

Cairn Financial Advisers LLP (Nominated Adviser)

 

Tony Rawlinson / Emma Earl

Tel: +44 (0) 20 7213 0880

 

 

Cantor Fitzgerald Europe (Broker)

 

David Foreman / Will Goode (Corporate Finance)

Tel: +44 (0) 20 7894 7000

David Banks / Mark Westcott (Sales)

 

 

Media enquiries:

Buchanan

 

Henry Harrison-Topham / Jamie Hooper

Tel: +44 (0) 20 7466 5000

haydale@buchanan.uk.com

www.buchanan.uk.com

 

Notes to Editors

Haydale is a global technologies and materials group that facilitates the integration of nanomaterials into the next generation of commercial technologies and industrial materials. With expertise in graphene, silicon carbide and other nanomaterials, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, as well as toughness. Haydale has granted patents for its technologies in Europe, USA and China and operates from four facilities in the UK, USA and the Far East.

 

For more information please visit:

www.haydale.com

Twitter: @haydalegraphene

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDQLFBDXFEBBK
NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read