TIDMHAYD
RNS Number : 4029Y
Haydale Graphene Industries PLC
09 September 2020
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
UNITED STATES OF AMERICA, CANADA, THE REPUBLIC OF SOUTH AFRICA,
AUSTRALIA, JAPAN OR TO BE TRANSMITTED OR DISTRIBUTED TO, OR SENT
BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR
ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR
DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR
REGULATIONS.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT
CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMATION,
OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE
OR DISPOSE OF ANY SECURITIES IN HAYDALE GRAPHENE INDUSTRIES PLC OR
ANY OTHER ENTITY IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH
ANY APPLICABLE LAW OR REGULATION.
UNLESS OTHERWISE INDICATED, CAPITALISED TERMS IN THIS
ANNOUNCEMENT HAVE THE MEANINGS GIVEN TO THEM IN THE DEFINITIONS
SECTION INCLUDED IN THE APPIX TO THE COMPANY'S ANNOUNCEMENT OF 7.00
AM TODAY.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF THE MARKET ABUSE REGULATION (596/2014/EU) ("MAR"). IN ADDITION,
MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF
CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE
RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE
INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN
THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN
POSSESSION OF INSIDE INFORMATION.
9 September 2020
HAYDALE GRAPHENE INDUSTRIES PLC
("Haydale", the "Company" or the "Group")
Result of Fundraising
Haydale, the global technologies group and service provider that
facilitates the integration of graphene and other nanomaterials
into the next generation of industrial materials and commercial
technologies, announces that further to its announcement at 7.00
a.m. today (the "Announcement"), it has successfully completed the
Fundraising which is now closed.
The Fundraising has raised GBP2.98 million (gross) through the
placing and subscription of 85,055,950 new Ordinary Shares, all at
an Issue Price of 3.5 pence per share.
The funds raised by the Fundraising will be used predominantly
as working capital to finance the operations of the Company.
Director Participation
The Directors of the Company, all of whom have agreed to
subscribe for New Ordinary Shares, will subscribe for an aggregate
of 1,999,998 New Ordinary Shares through the Subscription. It is
expected that the Directors' interests following completion of the
Fundraising (assuming all the New Ordinary Shares are issued) will
be as follows:
Director No. of New Aggregate Resulting % of enlarged
Ordinary Shares value at Issue holding following issued voting
to be acquired Price Admission share capital
pursuant to
the terms
of the Subscription
Keith Broadbent 285,714 GBP10,000 785,714 0.18%
Mark Chapman 285,714 GBP10,000 560,714 0.13%
David Banks 857,142 GBP30,000 3,098,809 0.73%
Theresa Wallis 428,571 GBP15,000 428,571 0.10%
Graham Eves 142,857 GBP5,000 142,857 0.03%
Admission and Total Voting Rights
The Placing and Subscription of the 85,055,950 new Ordinary
Shares is conditional on Admission and is being carried out within
the Company's existing share authority to issue Ordinary Shares for
cash.
It is expected that the new Ordinary Shares will be admitted to
trading on AIM at 8.00 a.m. on or around 15 September 2020 (or such
later date as may be agreed between the Company and Arden, but no
later than 29 September 2020).
Following the Admission, the total number of Ordinary Shares in
the Company in issue will be 425,279,798. The Company holds no
Ordinary Shares in Treasury. This figure 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 FCA's
Disclosure and Transparency Rules.
Related Party Transaction
Participation in the Placing by Quilter plc and in the
Subscription by Anthony Best, both substantial shareholders as
defined by the AIM Rules, are considered to be "related party
transactions" under the AIM Rules. The Directors consider, having
consulted with Arden Partners plc, the Company's Nominated Adviser,
that the terms of participation for Quilter plc and Anthony Best in
the Placing and Subscription respectively are fair and reasonable
in so far as its Shareholders are concerned.
Further enquiries:
Haydale Graphene Industries plc Tel: 01269 842 946
Keith Broadbent Chief Executive Officer
Arden Partners Tel: 0207 614 5900
Paul Shackleton / Benjamin Cryer Corporate Finance
Fraser Marshall Corporate Broking
The notifications below are made in accordance with the
requirements of the EU regulation on market abuse.
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name Keith Broadbent
-------------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Executive Director
-------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Haydale Graphene Industries plc
-------------------------------------- -------------------------------------
b) LEI 213800KNULBQFF25IE72
-------------------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary Shares of 2p each
financial instrument,
type of instrument
ISIN: GB00BKWQ1135
Identification code
b) Nature of the transaction Subscription for new shares
-------------------------------------- -------------------------------------
c) Price(s) and volume(s)
--------------- -----------------
Price(s) Volume(s)
--------------- -----------------
3.5p 285,714
--------------- -----------------
d) Aggregated information
n/a - single transaction
e) Date of the transaction 9 September 2020
-------------------------------------- -------------------------------------
f) Place of the transaction Off Market
-------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name Mark Chapman
-------------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Executive Director
-------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Haydale Graphene Industries plc
-------------------------------------- -------------------------------------
b) LEI 213800KNULBQFF25IE72
-------------------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary Shares of 2p each
financial instrument,
type of instrument
ISIN: GB00BKWQ1135
Identification code
b) Nature of the transaction Subscription for new shares
-------------------------------------- -------------------------------------
c) Price(s) and volume(s)
--------------- -----------------
Price(s) Volume(s)
--------------- -----------------
3.5p 285,714
--------------- -----------------
d) Aggregated information
n/a - single transaction
e) Date of the transaction 9 September 2020
-------------------------------------- -------------------------------------
f) Place of the transaction Off Market
-------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name David Banks
-------------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Haydale Graphene Industries plc
-------------------------------------- -------------------------------------
b) LEI 213800KNULBQFF25IE72
-------------------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary Shares of 2p each
financial instrument,
type of instrument
ISIN: GB00BKWQ1135
Identification code
b) Nature of the transaction Subscription for new shares
-------------------------------------- -------------------------------------
c) Price(s) and volume(s)
--------------- -----------------
Price(s) Volume(s)
--------------- -----------------
3.5p 857,142
--------------- -----------------
d) Aggregated information
n/a - single transaction
e) Date of the transaction 9 September 2020
-------------------------------------- -------------------------------------
f) Place of the transaction Off Market
-------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name Theresa Wallis
-------------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Haydale Graphene Industries plc
-------------------------------------- -------------------------------------
b) LEI 213800KNULBQFF25IE72
-------------------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary Shares of 2p each
financial instrument,
type of instrument
ISIN: GB00BKWQ1135
Identification code
b) Nature of the transaction Subscription for new shares
-------------------------------------- -------------------------------------
c) Price(s) and volume(s)
--------------- -----------------
Price(s) Volume(s)
--------------- -----------------
3.5p 428,571
--------------- -----------------
d) Aggregated information
n/a - single transaction
e) Date of the transaction 9 September 2020
-------------------------------------- -------------------------------------
f) Place of the transaction Off Market
-------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name Graham Eves
-------------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Haydale Graphene Industries plc
-------------------------------------- -------------------------------------
b) LEI 213800KNULBQFF25IE72
-------------------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary Shares of 2p each
financial instrument,
type of instrument
ISIN: GB00BKWQ1135
Identification code
b) Nature of the transaction Subscription for new shares
-------------------------------------- -------------------------------------
c) Price(s) and volume(s)
--------------- -----------------
Price(s) Volume(s)
--------------- -----------------
3.5p 142,857
--------------- -----------------
d) Aggregated information
n/a - single transaction
e) Date of the transaction 9 September 2020
-------------------------------------- -------------------------------------
f) Place of the transaction Off Market
-------------------------------------- -------------------------------------
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END
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