Issue of Shares

RNS Number : 2400X

Haydale Graphene Industries PLC

20 February 2017

 

For immediate release

20 February 2017

Haydale Graphene Industries plc

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

Issue of Shares

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

Accordingly, application has been made for 95,684 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") ("Tranche 1 Shares") to be admitted to trading on AIM, with admission expected to occur on or around 23 February 2017 ('Admission').  The Tranche 1 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 17,545,067 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: [phone]
Matt Wood, Finance Director	www.haydale.com
Trevor Phillips, Head of Communications
Cairn Financial Advisers LLP (Nominated Adviser)
Tony Rawlinson / Emma Earl	Tel: [phone]
Cantor Fitzgerald Europe (Broker)
David Foreman / Will Goode (Corporate Finance)	Tel: [phone]
David Banks / Mark Westcott (Sales)

Media enquiries:

Buchanan
Henry Harrison-Topham / Jamie Hooper	Tel: [phone]
[e-mail]	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

 

END

 

 

ALSDDLFFDLFXBBF