TIDMHAYD

RNS Number : 5744H

Haydale Graphene Industries PLC

01 December 2015

Haydale Graphene Industries plc

("Haydale" or the "Company")

Director Dealing

Haydale (AIM: HAYD), the group focused on the commercialisation of graphene and other nano particle products using its proprietary plasma process, announces that, on 1 December 2015, Ray Gibbs, Chief Executive, made the following transactions:

1. Exercise of 40,500 options under the 2013 Share Option Scheme to subscribe for a total of 40,500 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at an exercise price of 92.5926 pence per share; and

   2.   Sale of 40,500 Ordinary Shares, at a price of 170.5 pence per share. 

The sale proceeds will be used to fund, in part, the subscription of new shares by Ray Gibbs as outlined in the announcement on 2 November 2015.

Following the exercise of these options and disposal of shares, Mr. Gibbs' interest in the Company will remain unchanged at 469,929 Ordinary Shares representing 3.08% of the issued share capital of the Company.

Application has been made for the 40,500 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on or around 2 December 2015 ("Admission").

Following Admission, the Company has 15,236,946 Ordinary Shares in issue. The figure of 15,236,946 Ordinary Shares may be used by shareholders of Haydale as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

- 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, Will Goode (Corporate 
 Finance) 
 David Banks, Tessa Sillars 
 (Corporate Broking) 
Hermes Financial PR 
                                       +44 (0) 7889 153 
                                        628 
Trevor Phillips                         +44 (0) 7979 604 
 Chris Steele                           687 
 

About Haydale (www.haydale.com)

Haydale has developed a patent pending proprietary 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 organic mined fine powder and other synthetically produced nanomaterial powders producing high quality few layered graphenes and graphene nano platelets. The process can functionalise with a range of chemical groups, where the amount of chemicals can be tailored to the customer needs. Good dispersion improves the properties and performance of the host material and ensures it delivers as specified.

The Haydale plasma process does not use wet chemistry, neither does it damage the material being processed, rather it can clean up impurities inherent in the raw material. The technology is a low energy user and most importantly environmentally friendly. The Haydale method is an enabling technology where working with a raw material producer can add value to the base product and tailor the outputs to meet the target applications of the end user.

Haydale, based in South Wales, housed in a purpose built facility for processing and handling nanomaterials with a laboratory facility, is facilitating the application of graphenes and other nanomaterials in fields such as inks, sensors, energy storage, photovoltaics, composites, paints and coatings.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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