Haydale Graphene Industries PLC Issue of Shares (6727Y)
07 March 2017 - 6:00PM
UK Regulatory
TIDMHAYD
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 GBP3.26 million strategic investment
from its agreement with Everpower International Holdings Co. Ltd
('Everpower') announced on 3 February 2017, equivalent to
approximately GBP160,000, 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 Tel: +44 (0) 1269 842 946
Officer
Matt Wood, Finance Director www.haydale.com
Trevor Phillips, Head
of Communications
Cairn Financial Advisers
LLP (Nominated Adviser)
Tony Rawlinson / Emma Tel: +44 (0) 20 7213 0880
Earl
Cantor Fitzgerald Europe
(Broker)
David Foreman / Will Goode Tel: +44 (0) 20 7894 7000
(Corporate Finance)
David Banks / Mark Westcott
(Sales)
Media enquiries:
Buchanan
Henry Harrison-Topham / Tel: +44 (0) 20 7466 5000
Jamie Hooper
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
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