LONDON (Alliance News) - Haydale Graphene Industries PLC on Tuesday said it has raised GBP1.8 million via an open offer of shares, though less than half the shares were taken up.
The company received valid acceptances for 89.1 million shares, representing 45% of the maximum number of shares available under the offer.
Haydale shares were trading down 7.3% at 1.90 pence each on Tuesday.