Last checked at 23 Dec 2016 07:00
For immediate release | 23 December 2016 |
Haydale Graphene Industries plc
("Haydale" or the "Company")
Issue of Shares
PDMR Dealings
Haydale Graphene Industries plc (AIM: HAYD), the global nanomaterials group, announces that further to the announcement dated 23 September 2016 ("Acquisition Announcement") regarding the acquisition of the entire issued share capital of ACMC Holding, Inc. ("ACM"), the Company will issue, conditional on Admission (as defined below) 415,618 new ordinary shares to the vendors of ACM (the "Consideration Shares"). The Consideration Shares are being issued in accordance with the terms of the acquisition agreement and at an effective price of 184.00p per new ordinary share in satisfaction of equity consideration payable of US1.0 million.
The Consideration Shares will, when issued, rank pari passu in all respects with the existing ordinary shares of the Company.
Admission and Total Voting Rights
Application has been made for 415,618 new ordinary shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 3 January 2017 ("Admission").
Following Admission, the total number of voting rights in the Company will be 17,449,203 and Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
PDMR Dealings
The vendors of ACM, Thomas Quantrille and Marvin Murrell, are classified as Persons Discharging Managerial Responsibility. Accordingly, following the issue of the Consideration Shares, disclosure is provided below in accordance with requirements of the EU Market Abuse Regulation.
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For further information:
Haydale Graphene Industries plc |
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Ray Gibbs, Chief Executive Officer | Tel: +44 (0) 1269 842 946 |
Matt Wood, Finance Director | www.haydale.com |
Trevor Phillips, Head of Communications |
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Cairn Financial Advisers LLP (Nominated Adviser) |
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Tony Rawlinson / Emma Earl | Tel: +44 (0) 20 7213 0880 |
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Cantor Fitzgerald Europe (Broker) |
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David Foreman / Will Goode (Corporate Finance) | Tel: +44 (0) 20 7894 7000 |
David Banks / Mark Westcott (Sales) |
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Media enquiries: |
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Buchanan |
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Henry Harrison-Topham / Jamie Hooper | Tel: +44 (0) 20 7466 5000 |
haydale@buchanan.uk.com | www.buchanan.uk.com |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Thomas E. Quantrille | ||||||
2 | Reason for notification |
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a. | Position/Status | Director of ACMC Holding, Inc, a subsidiary of Haydale Graphene Industries PLC | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Haydale Graphene Industries PLC | ||||||
b. | LEI | N/A | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a. | Description of the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 2p each ISIN: GB00BKWQ1135 | ||||||
b. | Nature of the transaction | Receipt of vendor consideration | ||||||
c. | Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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£1.84 | 311,714 |
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d. | Aggregated information - Aggregated Volume - Price |
Volume: 311,714 Price: £573,553.76 | ||||||
e. | Date of the transaction | 3 January 2017 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Marvin B. Murrell | ||||||
2 | Reason for notification |
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a. | Position/Status | Director of ACMC Holding, Inc, a subsidiary of Haydale Graphene Industries PLC | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Haydale Graphene Industries PLC | ||||||
b. | LEI | N/A | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a. | Description of the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 2p each ISIN: GB00BKWQ1135 | ||||||
b. | Nature of the transaction | Receipt of vendor consideration | ||||||
c. | Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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£1.84 | 103,904 |
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d. | Aggregated information - Aggregated Volume - Price |
Volume: 103,904 Price: £191,183.36 | ||||||
e. | Date of the transaction | 3 January 2017 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||