Light Science Technologies Holdings plc (AIM: LST), the provider of real-world solutions for global food security and fire safety, has successfully raised £6.6m, including a £0.6m oversubscribed retail offer, to acquire RLUK Injection Ltd, ("Injectaclad"), to scale its Passive Fire Protection division internationally.

Simon Deacon, CEO, addresses the acquisition's impact, the Northern Powerhouse initiative's importance amid global re-shoring trends and geopolitical tensions, and outlines plans to grow the company's three divisions organically over the medium term.

In this interview, investors will learn:

- Use of proceeds from the recent £6.6m placing and retail offer

- Why the acquisition of Injectaclad is a game-changing transaction for the company in terms of margin control and cash generation

- How the transaction exposes the enlarged Fire Protection division to high-risk installations in the UK

- How the products are in perfect alignment with the recently created Building Safety Regulator

- Why the AgTech business and its food security mandate is seeing an increase in its international exposure and relevance

- How the widely predicted inflationary pressures of the Middle East conflict may accelerate forward orders for the AgTech division

- Why the company is now concentrating on converting the £60m quoted pipeline across all its divisions

Simon Deacon, CEO at Light Science Technologies Holdings plc, was interviewed by Sarah Lowther for focusIR.