Haydale Graphene Industries PLC Result of Open Offer (2763Z)
13 September 2022 - 11:30AM
UK Regulatory
TIDMHAYD
RNS Number : 2763Z
Haydale Graphene Industries PLC
13 September 2022
For immediate release
HAYDALE GRAPHENE INDUSTRIES PLC
("Haydale" or the "Company")
Result of Open Offer
Haydale (AIM:HAYD), the global advanced materials group,
announces that it has received applications in respect of
approximately GBP0.74 million through the Open Offer which was
announced on 23 August 2022, representing approximately 146 per
cent. of the total amount offered under the Open Offer.
Accordingly, the Company has scaled back the excess applications
received under the Open Offer, and has therefore raised
(conditional only on Admission) total gross proceeds of
approximately GBP5.51 million in aggregate by way of the Placing,
the Subscription (which was also announced on 23 August 2022) and
the Open Offer.
Application has been made to the London Stock Exchange for the
admission of a total of 275,516,784 New Ordinary Shares to trading
on AIM. This comprises (i) 213,500,000 Placing Shares; (ii)
36,500,000 Subscription Shares and (iii) 25,516,784 Open Offer
Shares. The New Ordinary Shares will rank pari passu with the
Existing Ordinary Shares. Admission of the Placing Shares,
Subscription Shares and Open Offer Shares will occur on 14
September 2022. Following the close of the Open Offer, the Company
will issue a total of 137,758,392 Warrants to the subscribers of
New Ordinary Shares and a further 1,000,000 Warrants to
finnCap.
Total Voting Rights
Following admission, the total number of Ordinary Shares in
issue with voting rights will be 785,852,475 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 share
capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.
-Ends-
For further information:
Haydale Graphene Industries plc Tel: +44 (0) 1269 842 946
Keith Broadbent, CEO
Mark Chapman, CFO
www.haydale.com
finnCap (Nominated Adviser & Broker) Tel: +44 (0) 20 7220 0500
Julian Blunt / Edward Whiley / George Dollemore, Corporate Finance
Andrew Burdis / Barney Hayward, ECM
Notes to Editors
Haydale is a 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. With expertise in graphene, other nanomaterials and
Silicon Carbide, Haydale is able to deliver improvements in
electrical, thermal and mechanical properties, Haydale has been
granted patents for its technologies in Europe, USA, Australia,
Japan and China and operates from five sites in the UK, USA and
East Asia. For more information please visit: www.haydale.com or
Twitter: @haydalegraphene
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ROILJMLTMTTBMFT
(END) Dow Jones Newswires
September 13, 2022 05:30 ET (09:30 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