Last checked at 7 Nov 2022 07:00
7 November 2022
HeiQ Plc
("HeiQ" or "the Company")
Change of Auditor
HeiQ Plc (LSE: HEIQ), an IP creator and established global brand in materials and textile innovation which operates in high-growth markets, announces that it has appointed Deloitte LLP ("Deloitte") as the Group's auditor. At the Company's next Annual General Meeting, their re-appointment will be proposed and voted on by shareholders.
As agreed with the former auditor Crowe U.K. LLP, the engagement of Deloitte reflects the growth the Company has achieved since listing. HeiQ has undergone a period of significant international expansion and its activities are becoming increasingly complex and diversified.
The Board would like to thank Crowe U.K. LLP for its services and significant support since the Company's listing on the London Stock Exchange.
The Company announces that it will shortly send a letter to shareholders pursuant S520 of the Companies Act 2006 in connection with the change of auditor.
For further information, please contact:
HeiQ Plc Carlo Centonze (CEO) | +41 56 250 68 50 |
Cenkos Securities plc (Joint Broker) Stephen Keys / Callum Davidson | +44 (0) 207 397 8900 |
SEC Newgate (Media Enquiries) Elisabeth Cowell / Axaule Shukanayeva / Molly Gretton | +44 (0) 20 3757 6882 HeiQ@secnewgate.co.uk |
About HeiQ
HeiQ is focused on improving the lives of billions of people world-wide by innovating the materials people use every day. HeiQ has strong IP which is at the forefront of global technology in the $10 billion antimicrobial fabrics market, $24 billion textile chemicals market, the $50 billion probiotics market and the $150 billion man-made fibers market. It has also moved into the medical device, healthcare and hygiene coatings markets, to help make hospitals and healthcare environments more hygienic. HeiQ aims to deliver growth for its shareholders through a combination of increased sales of its core products and by entering additional lucrative markets through disruptive innovations and M&A.
HeiQ has created some of the most effective, durable and high-performance technologies in the market today, which cool, warm, dry, repel, purify, and destroy viruses. Since 2005, HeiQ has developed over 200 technologies in partnership with 300 major brands and it has a significant R&D pipeline containing over 50 projects. The Company has won multiple awards and gained a strong reputation for the ESG & sustainable downstream effect of its innovations. HeiQ is the only company to have won the Swiss Technology award twice. It has also won the Swiss Environmental award with an innovation that saves energy and water consumption during the textile manufacturing process.
Led by an experienced leadership team, HeiQ researches new solutions for partners, delivers scaled up manufacturing from its sites across the world and helps partners market the product to end consumers - aiming for lab to consumer in months.