Haydale Graphene Industries PLC Comment on Speculation (5384Q)
20 Februar 2019 - 8:00AM
UK Regulatory
TIDMHAYD
RNS Number : 5384Q
Haydale Graphene Industries PLC
20 February 2019
For immediate release 20 February 2019
Haydale Graphene Industries plc
("Haydale" or the "Company")
Comment on Speculation
Haydale, (AIM: HAYD), the global advanced materials group, notes
speculation regarding the prospect of an imminent equity placing.
The Company confirms that it is currently conducting market
soundings with potential institutional investors and that any such
equity placing is expected to be carried out at a material discount
to yesterday's closing price. In line with the Company's previous
practice, it is anticipated that a pre-emptive offer would also be
made to existing shareholders.
Discussions with potential investors remain ongoing and a
detailed announcement will be made in due course.
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
- Ends -
For further information:
Haydale Graphene Industries plc
David Banks, Interim Executive Chairman Tel: +44 (0) 1269 842 946
www.haydale.com
Arden Partners plc (Nominated Adviser
& Broker)
Paul Shackleton Tel: +44 (0) 20 7614 5900
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other 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, Australia, Japan and China and operates from six sites
in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
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END
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