Business
Result of Retail Offer and Total Voting Rights
Result of Retail Offer and Total Voting Rights.
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.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF EU REGULATION 596/2014 WHICH FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.\n \nDEFINED TERMS IN THIS ANNOUNCEMENT SHALL HAVE THE SAME MEANING AS IN THE 'PROPOSED PLACING, SUBSCRIPTION & RETAIL OFFER' ANNOUNCEMENT, RELEASED ON 15 SEPTEMBER 2023, UNLESS OTHERWISE SPECIFIED.\n \n \n22 September 2023\n \nHaydale Graphene Industries Plc\n (\"Haydale\" or the \"Company)\nResult of Retail Offer\nand\nTotal Voting Rights\n \n \nThe Board of Haydale is pleased to announce that the Retail Offer launched on 15 September 2023 has now closed, raising in aggregate £0.06 million through the issuance of 12,609,000 Retail Offer Shares at a price of 0.5 pence each.\n \nConsequently, conditional on the passing of the Resolutions at the General Meeting, the Company will issue 912,000,000 Placing Shares, 88,000,000 Subscription Shares and 12,609,000 Retail Offer Shares (an aggregate of 1,012,609,000 New Ordinary Shares) to raise total gross proceeds of £5.06 million as part of the Fundraising.\n \nAdmission and Total Voting Rights\n \nThe Placing, Subscription and Retail Offer of in aggregate the 1,012,609,000 New Ordinary Shares are conditional upon, among other things, the passing of the Resolutions at the General Meeting.\n \nOf the 912,000,000 aggregate Placing Shares, 602,675,332 are being issued to EIS/VCT investors under the EIS/VCT Admission. EIS/VCT Admission is conditional, amongst other things, on the passing of the Resolutions, the Placing Agreement not having been terminated and EIS/VCT Admission occurring on or before 8.00 a.m. on 4 October 2023 (or such later date as Cavendish and the Company may agr...