Haydale Graphene Industries PLC Results of General Meeting (6051G)
23 November 2015 - 11:50AM
UK Regulatory
TIDMHAYD
RNS Number : 6051G
Haydale Graphene Industries PLC
23 November 2015
Haydale Graphene Industries plc
("Haydale", the "Group" or the "Company")
Results of General Meeting
Issue of Equity
and Total Voting Rights
Haydale Graphene Industries plc (AIM: HAYD), the Group focused
on enabling technology for the commercialisation of graphene and
other nanomaterials, announced on 2 November 2015 details of a
fundraising ("Fundraising") and additional subscription
("Subscription") to raise gross proceeds of approximately GBP6.0
million. The Fundraising was conditional on, inter alia,
shareholder approval.
The Board is pleased to announce that at the General Meeting
held earlier today, all resolutions were duly passed.
Accordingly, conditional on Admission (as defined below), the
Company has issued and allotted 3,750,000 new ordinary shares of 2
pence each ("Ordinary Shares") (together the "New Ordinary Shares")
in relation to the Fundraising and the Subscription.
Application has been made to the London Stock Exchange for the
New Ordinary Shares to be admitted to trading on AIM, which is
expected to occur at 8.00 a.m. tomorrow, 24 November 2015
("Admission"). The New Ordinary Shares rank pari passu in all
respects with the existing Ordinary Shares of the Company.
Total voting rights
On Admission, the Company will have 15,196,446 Ordinary Shares
in issue and no shares are held in treasury. Therefore the
Company's total number of Ordinary Shares with voting rights will
be 15,196,446.
The above figure of 15,196,446 may be used by Shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the Company under the Financial Conduct
Authority's Disclosure and Transparency Rules.
Ray Gibbs, CEO, commented:
"I am delighted with this successful fundraising which was
significantly oversubscribed and in which our existing shareholders
have once again demonstrated substantial support of our strategy to
commercialise graphene and other nano materials. That we have new
institutional shareholders backing us also gives me and the rest of
the board confidence that we are on the right path to success. The
cash boost will allow us to now accelerate the execution of our
growth plans and I look forward to reporting further positive steps
in the coming months."
- Ends -
For further information, please contact:
Haydale Graphene Industries +44 (0) 1269 842
plc 946
John Knowles, Chairman
Ray Gibbs, Chief Executive
Officer
Cairn Financial Advisers LLP
(Nomad) +44 (0) 20 7148 7900
Tony Rawlinson
Emma Earl
Cantor Fitzgerald Europe (Broker) +44 (0) 20 7894 7000
David Foreman
David Banks
Will Goode
Hermes Financial PR
+44 (0) 7889 153
628
Trevor Phillips +44 (0) 7979 604
Chris Steele 687
About Haydale
Haydale has developed a patented scalable plasma process to
functionalise graphene and other nanomaterials. This enabling
technology can provide Haydale with a rapid and highly
cost-efficient method of supplying tailored solutions to enhance
applications for both raw material suppliers and product
manufacturers.
Functionalisation is carried out through a low-pressure plasma
process that treats both mined, organic fine powder and other
synthetically produced nanomaterial powders, producing high-quality
few layered graphenes and graphene nanoplatelets. The process can
functionalise with a range of chemical groups, with the level of
functionalisation tailored to the customer's needs. Good dispersion
improves the properties and performance of the host material and
ensures the final product performs as specified.
The Haydale plasma process does not use wet chemistry, nor does
it damage the material being processed; rather, it can clean up any
impurities inherent in the raw material. The technology is a low
energy user and most importantly environmentally friendly. The
Haydale process is an enabling technology, allowing the Company to
work with a raw material producer who seeks to add value to the
base product and tailor the outputs to meet the target applications
of the end user.
Haydale, based in South Wales and housed in a purpose-built
facility for processing and handling nanomaterials, is facilitating
the application of graphenes and other nanomaterials in fields such
as inks, sensors, energy storage, photovoltaics, composites, paints
and coatings.
www.haydale.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ROMBGBDBRSDBGUX
(END) Dow Jones Newswires
November 23, 2015 05:50 ET (10:50 GMT)
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jul 2023 bis Jul 2024