Haydale Plc Regulatory News (HAYD)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION ("MAR").

HAYDALE GRAPHENE INDUSTRIES PLC

("Haydale" or the "Company")

Result of Conditional Offer of up to 2,500,000 Offer Shares to Qualifying Participants

In conjunction with the announcement of the results of a Placing on 10 October 2017, Haydale announced that it proposed to raise an amount of up to approximately £3 million through the issue of up to 2,500,000 Offer Shares to Qualifying Participants at an issue price of 120 pence per Offer Share.

The Offer closed for acceptances at 10.00 a.m. on 25 October 2017 and Haydale is pleased to announce that valid acceptances have been received from Qualifying Participants in respect of 1,897,727 Offer Shares, representing 75.91% of the Offer Maximum. Accordingly, Qualifying Participants that have made applications will be allocated all of the Offer Shares they have applied for.

The Fundraising remains conditional on, amongst other things, shareholder approval, such approval being sought at a general meeting of the Company to be held at 10.00 a.m. on 27 October 2017 at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London, EC4R 3TT ("General Meeting").

Subject to the resolutions being passed at the General Meeting, application has been made for the 1,897,727 Offer Shares to be admitted to trading on AIM (alongside the Placing Shares and Subscription Shares) on 30 October 2017. It is expected that CREST accounts in relation to Offer Shares to be delivered through CREST will be credited at 8.00 am on 30 October 2017.

Other than where defined, capitalised terms used in this announcement have the meanings given to them in the circular posted to shareholders by the Company on 11 October 2017, a copy of which is available to view on the Company's website at www.haydale-ir.com.

Ray Gibbs CEO, commented: "Haydale is at an inflexion point in its development and with our global growth strategy being realised, we are delighted by the support shown by our existing and new shareholders. There are significant short, medium and long-term opportunities occurring in the three territories that we have focused on; Europe, the Far East and North America. Our new funding provides us with the wherewithal Haydale needs to accelerate the application of graphene, silicon carbide and other advanced materials into the global market place."

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Notes to Editors

Haydale is a global technologies and advanced materials group that facilitates the integration of nanomaterials into the next generation of commercial technologies and industrial materials. With expertise in graphene, silicon carbide and other nanomaterials, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, as well as toughness. Haydale has granted patents for its technologies in Europe, USA and China and operates from six facilities in the UK, USA and the Far East.

For more information please visit: www.haydale.com

Twitter: @haydalegraphene