HAYDALE GRAPHENE INDUSTRIES PLC

AGM Information • Nov 23, 2015

National Storage Mechanism | Additional information

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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 £6.0 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 plc	+44 (0) 1269 842 946
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
Trevor Phillips Chris Steele	+44 (0) 7889 153 628 +44 (0) 7979 604 687

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

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