Business
Launch of Retail Offer
Launch of Retail Offer.
About this update from Haydale Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO US PERSONS OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF HAYDALE GRAPHENE INDUSTRIES PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF HAYDALE GRAPHENE INDUSTRIES PLC.\n15 September 2023\nHaydale Graphene Industries Plc\n(\"Haydale\" or the \"Company)\nRetail Offer\nHaydale is pleased to announce a retail offer to existing shareholders via the Bookbuild Platform to raise up to £1.0 million (the \"Retail Offer\") through the issue of new ordinary shares of 0.1 pence each in the capital of the Company (\"Ordinary Shares\"). Under the Retail Offer up to 200,000,000 new Ordinary Shares (the \"Retail Offer Shares\") will be made available at a price of 0.5 pence per share (the \"Issue Price\").\nIn addition to the Retail Offer and as announced earlier today, the Company has conditionally raised £5.0 million at the Issue Price through a placing and subscription (the \"Placing\", the \"Subscription\", and together with the Retail Offer, the \"Fundraising\"). A separate announcement has been made regarding the Placing and Subscription and its terms and sets out the reasons for the Fundraising and use of proceeds.\nThe Issue Price represents a discount of approximately 35.5 per cent to the closing share price of 0.775p per Existing Ordinary Share on 14 September 2023.\n...