31 Mar 2017 09:05
For Immediate Release | 31 March 2017 |
Graphene NanoChem PLC
("Graphene NanoChem" or the "Group")
Update on Debt Rationalisation
Graphene NanoChem (AIM:GRPH), the international provider of nanotechnology performance enhancing solutions for global industries, announces that the Company expects the successful debt restructuring exercise it has undertaken to now be unconditional by mid Q2 2017 as opposed to the end of the Q1 2017 as previously announced, post completion of the administrative process and other conditions precedent, including the process of non-core asset sales.
For further information:
Graphene NanoChem | Tel: +603 2282 3080 |
Jespal Deol, Chief Executive Officer | |
Panmure Gordon (NOMAD and Broker) | |
Adam James / Tom Salvesen | Tel: +44 (0) 20 7886 2500 |
Yellow Jersey PR Limited (Media) | Tel: +44 (0)7544 275 882 |
Charles Goodwin / Harriet Jackson |
About Graphene NanoChem
Graphene Nanochem plc (AIM: GRPH), is an international provider of nanotechnology performance enhancing solutions for global industries. The Group employs nanoprocesses and nanomaterials to design, engineer and enhance the performance of mainstream products for a wide range of industrial applications. It has established two major functional platforms in the energy and water sectors, and the Group, through partnerships with established industry players, is focused on building market opportunities in both sectors whilst continuing its developmental work in other strategic application areas of nanotechnology.
Headquartered in Malaysia, Graphene Nanochem was admitted to the AIM of the London Stock Exchange on 26 March 2013, following the reverse acquisition of Biofutures International plc, and trades under the symbol GRPH.L. To find out more, please visit www.graphenenanochem.com.