16
February 2024
HeiQ Plc
("HeiQ"
or "the Company")
Result of
Placing
HeiQ (LSE:HEIQ), a leading company
in materials innovation and hygiene technologies, announces that,
further to the announcement made on 15 February 2024 regarding the
Fundraising (the "Launch Announcement"), it has raised the maximum
of £0.685 million (before expenses) via the placing of 7,866,709
Placing Shares at the Issue Price of 8.7 pence per share. The
Placing was undertaken through an accelerated bookbuild.
A further announcement will be made
on 23 February 2023 announcing the result of the Retail
Offer.
A circular will shortly be posted to
Shareholders who have opted to receive a hard copy, together with a
notice of the General Meeting, to be held at the offices of
Cavendish Financial Plc, One Bartholomew Close, London, UK at 2
p.m. on 13 March 2024 (the "Circular"). The Circular will contain
further details of the Fundraising, the Acquisition and the General
Meeting. This document will also be available to view on the
Company's website and on the Financial Conduct Authority's
("FCA") national storage
mechanism.
Applications will be made for the
New Ordinary Shares and the Conversion Shares to be admitted to the
standard segment of the Official List and admitted to trading on
the London Stock Exchange ("Admission"). Admission is expected to
become effective on or around 14 March 2024 and the New Ordinary
Shares and Conversion Shares will be issued fully paid and will
rank pari passu in all respects with the existing issued ordinary
shares of the Company.
Capitalised terms in this
announcement have the same meaning as those defined in the Launch
Announcement.
For
further information, please contact:
|
HeiQ Plc
Carlo Centonze (CEO)
|
+41 56 250 68 50
|
|
Cavendish Capital Markets Limited (Broker)
Stephen Keys / Callum
Davidson
|
+44 (0) 207 397 8900
|
|
SEC
Newgate (Media Enquiries)
Elisabeth Cowell / Molly Gretton /
Tom Carnegie
|
+44 (0) 20 3757 6882
HeiQ@secnewgate.co.uk
|
About HeiQ
HeiQ is a Swiss-based international
company that innovates pioneering and differentiating materials in
partnership with established global brands. We bridge the academic
and commercial worlds to conceive performance-enhancing materials
and technologies, working with aligned brands to research,
manufacture and bring products to market, aiming for lab to
consumer in months. Our goal is to improve the lives of billions by
innovating the materials that go into everyday products, making
them more hygienic, comfortable, protective, and
sustainable.
Our strong IP portfolio positions us
as an innovation leader for niche, premium and high-margin products
in the textile chemicals, man-made fibers, paints and coatings,
antimicrobial plastics, probiotics and household cleaner markets.
We have also expanded into healthcare facilities, probiotic
cleaning, and hygiene coatings markets to help make hospitals and
healthcare environments more hygienic.
We have developed over 200
technologies in partnership with 300 major brands. With a
substantial research and development pipeline, including key
technology development projects HeiQ AeoniQ, HeiQ ECOS, HeiQ
GrapheneX, and HeiQ Synbio, HeiQ aims to deliver shareholder value
through sales growth and entry into new lucrative markets through
disruptive innovation and M&A.
We have built a strong reputation
for ESG & sustainable innovation, having won multiple awards
including the Swiss Technology Award twice and the Swiss
Environmental Award. Under experienced leadership, we are committed
to driving our profit in close connection with people and the
planet. For more information, please visit www.heiq.com.