Issue of Shares
07 March 2017
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.
For further information:
Haydale Graphene Industries plc Ray Gibbs, Chief Executive Officer Matt Wood, Finance Director Trevor Phillips, Head of Communications |
Tel: +44 (0) 1269 842 946 www.haydale.com |
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) David Banks / Mark Westcott (Sales) |
Tel: +44 (0) 20 7894 7000 |
Media enquiries: | |
Buchanan Henry Harrison-Topham / Jamie Hooper [email protected] |
Tel: +44 (0) 20 7466 5000 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