Business
Completion of Acquisition
Haydale Graphene Industries PLC has successfully completed the acquisition of SaveMoneyCutCarbon (SMCC) and raised approximately £5.75 million in gross proceeds through a fundraising. This acquisition is considered a transformational step, creating a scalable, graphene-enabled clean-tech platform with immediate market access, integrating SMCC's customer acquisition engine and B2B delivery platform with Haydale's advanced materials and technologies like JustHeat. The enlarged group is now positioned to address the growing demand for decarbonisation solutions in the built environment, with integration of SMCC underway and SMCC's CEO joining the board as Chief Commercial Officer. Disclaimer*
About this update from Haydale Plc
[{"type":"text","content":"\n\nHaydale Graphene Industries Plc\n(\"Haydale\", \"Company\" or \"Group\")\nCompletion of Acquisition of SaveMoneyCutCarbon\nTransformational step in building a scalable graphene-enabled clean-tech platform\n \nTransaction Completion\nHaydale, the global advanced materials and clean-tech company focused on deploying energy and water-efficient technologies at scale, is pleased to announce that it has completed the acquisition of Intelligent Resource Management Limited (trading as SaveMoneyCutCarbon or \"SMCC\") (the \"Acquisition\").\nThis follows the Company's announcement on 12 December 2025 and the approval of all resolutions by shareholders at the General Meeting held on 6 January 2026. All conditions to completion have now been satisfied, including the associated fundraising, shareholder approvals and admissions of new shares. SMCC is now fully part of the Haydale Group.\n \nFundraising\nIn connection with the Acquisition, the Company has completed a fundraising, with gross proceeds raised of approximately £5.75m.\nSubscriptions were made by an array of investors including Haydale's existing key strategic investor Quidos Technologies Limited (which is owned by the CEO, Simon Turek, and long-time strategic investor Nick Pritchard), SMCC's existing key strategic investor Barclays, tax efficient EIS investors as well as Mark Sait, Chief Commercial Officer of the enlarged Group and CEO of SMCC, and Theresa Wallis, Non-Executive Director.\nThe participation of senior management and strategic partners strongly aligns interests with shareholders and underlines confidence in the enlarged Group's strategy. The Company also notes that demand for the retail offer exceeded available shares, reflecting strong investor support for both the Acquisition and Haydale's strategic direction.\n \nStrategic Rationale and Value Creation\nThe completion of this Acquisition marks a step-change in Haydale's evolution, accelerating its transition from advanced materials innovator to a commercially scalable, graphene-enabled clean-technology platform with immediate market access.\nAs previously outlined, SMCC brings substantial and highly complementary strategic benefits:\nA national, nil-cost customer acquisition engine\nSMCC's Impact Partner Programme embeds its Sustainability Hub directly into the client offerings of major UK banks ...