Business
Commercial Update
Haydale Graphene Industries plc has announced significant commercial progress, including the signing of a distribution agreement with Interfloor for its JustHeat heating system, which is now market-ready ahead of schedule and has received national industry recognition as Product of the Year. Furthermore, Haydale has secured initial US orders with two Collaboration Agreements totaling US$300,000 to tailor the JustHeat product for the American market, reflecting an accelerating commercial momentum and expansion into new territories. Disclaimer*
About this update from Haydale Plc
[{"type":"text","content":"\n\nCommercial Update\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) 596/2014 (AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018).\nHaydale Graphene Industries plc (\"Haydale\" or the \"Company\")\nCommercial Update\n2 December 2025\n \nHaydale Graphene Industries plc (AIM: HAYD), the advanced materials group, provides the following trading and commercial update. This includes: the signing of a distribution agreement with Interfloor; national industry recognition of the JustHeat product; and the receipt of first US orders. All these developments reflect the accelerating commercial momentum behind Haydale's transition towards being a scaled commercialised product and service provider.\n \nJustHeat Pillar: Interfloor Collaboration Update\nSince signing the Strategic Collaboration Agreement in September 2025 with Interfloor Limited (\"Interfloor\"), Haydale and Interfloor have moved rapidly from concept to a market-ready, integrated flooring range incorporating the JustHeat heating system. The range is now ready for commercial launch, ahead of the previously guided timeline of the first half of 2026.\nFollowing successful development, Haydale and Interfloor have now executed a Distribution Agreement.\nUnder this agreement, Interfloor - Europe's largest manufacturer of underlay and part of Victoria plc (AIM: VCP) - receives non-exclusive distribution rights for JustHeat within its new flooring range and will work exclusively with Haydale as its heating technology partner. In return, Haydale will source all underlay for Haydale-delivered installations exclusively from Interfloor, which becomes the recommended underlay supplier to Haydale's emerging network of third-party distribution channels, notably Quidos Protect with whom we signed a UK wide non-exclusive distribution agreement in June 2025.\nInterfloor will actively promote the new range through its established sales and distribution network, providing reach into more than 2,000 UK outlets and over 400 local distribution channels across 70 countries.\nThe collaboration with Interfloor represents the first step in expanding JustHeat beyond the residential market into commercial and industrial applications, materially widening the addressable market and acting as a key ...