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Trading Update Clarification

31 Jan 2020 13:44

RNS Number : 6190B
Haydale Graphene Industries PLC
31 January 2020
 

 

For immediate release

31 January 2020

 

Haydale Graphene Industries plc

 

("Haydale", "the Company" or the "Group")

 

Trading Update Clarification

 

 

Further to the Trading Update and Notice of Results published yesterday, 30th January 2020, Haydale (AIM: HAYD) would like to clarify that the blanks line was commissioned in the financial year ended 30th June 2019.

 

As detailed in the 2019 Annual Report and Accounts, there were some initial teething issues experienced as we scaled up production of the blanks to commercial levels. These issues were resolved by November 2019.

 

For further information:

Haydale Graphene Industries plc

 

Keith Broadbent, CEO

Tel: +44 (0) 1269 842 946

Gemma Smith, Global Head of Marketing

www.haydale.com

 

 

Arden Partners plc (Nominated Adviser & Broker)

 

Ruari McGirr / Paul Shackleton / Ben Cryer

Tel: +44 (0) 20 7614 5900

 

 

Notes to Editors

 

Haydale is a global technologies and materials group that facilitates the integration of graphene and other 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, Australia, Japan and China and operates from six sites in the UK, USA and the Far East.

 

For more information please visit: www.haydale.com

Twitter: @haydalegraphene

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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