14 March 2024
HeiQ PLC
("HeiQ"
or "the Company")
Completion of Fundraising,
PDMR Dealings & Audit Update
The Company announces the completion
of the Fundraising following the issuance of the 28,000,000 New
Ordinary Shares and Admission this morning.
Accordingly, the Company announces
the following dealings by certain Directors & their persons
closely associated, following the automatic conversion of the
Convertible Loan Notes and the issuance of the Convertible Loan
Note Shares to them, as set out below.
|
Name
|
Number of Existing Ordinary
Shares
|
Number of Convertible Loan Notes
Shares acquired (2) (3)
|
Number of Ordinary Shares held
following Admission
|
Percentage of the Ordinary Shares
held following Admission
|
|
Carlo Centonze (1)
|
15,142,533
|
8,808,793
|
23,951,326
|
14.21
|
|
Esther Dale-Kolb
|
902,986
|
180,974
|
1,083,960
|
0.64
|
|
Xaver Hangartner
|
493,746
|
73,368
|
567,114
|
0.34
|
(1) Includes shares held by close relatives and
controlled entities.
(2) Acquired by Cortegrande AG, a company wholly
owned by Carlo Centonze.
(3) Of the total 9,699,193 Convertible Loan Notes
Shares acquired by Cortegrande AG, 890,400 were sold to an existing
shareholder at the Issue Price to satisfy demand.
Audit
update
As previously announced, the Company
has deemed it prudent to extend its accounting reference date to 30
June to enable the incoming auditor to properly onboard and
complete the audit in a reasonable timeframe. The Company is
preparing unaudited interim financial statements for the 12-month
period ending 31 December 2023, which it expects to publish
by 31 March 2024. The Company's next set of audited financial
reports and accounts will be for the period 1 January 2023 to 30
June 2024 and will be published by 31 October 2024. The
Company continues to seek a replacement auditor and will provide a
further update in due course.
Unless otherwise defined,
capitalised terms shall have the same meaning as those set out in
its announcement regarding the Fundraising dated 15 February
2024.
The notification below, is made in
accordance with the requirements of the UK Market Abuse
Regulation.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Cortegrande AG
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Person closely associated with Carlo
Centonze, Chief Executive Officer of HeiQ Plc
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
HeiQ plc
|
|
b)
|
LEI
|
213800IGT65IMJDO4S03
|
|
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 instrument
Identification code
|
Ordinary Shares of 5 pence
each
ISIN: GB00BN2CJ299
|
|
b)
|
Nature of the transaction
|
1)
Acquisition of new ordinary shares following conversion of
convertible loan notes
2) Sale of
ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Transaction
|
Price(s)
|
Volume(s)
|
|
1) Acquisition of shares
|
8.7 pence
|
9,699,193
|
|
2) Sale of shares
|
8.7 pence
|
890,400
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
14 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Esther Dale-Kolb
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Non-Executive Chair
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
HeiQ plc
|
|
b)
|
LEI
|
213800IGT65IMJDO4S03
|
|
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 instrument
Identification code
|
Ordinary Shares of 5 pence
each
ISIN: GB00BN2CJ299
|
|
b)
|
Nature of the transaction
|
Acquisition of new ordinary shares
following conversion of convertible loan notes
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
8.7 pence
|
180,974
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
14 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Xaver Hangartner
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
HeiQ plc
|
|
b)
|
LEI
|
213800IGT65IMJDO4S03
|
|
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 instrument
Identification code
|
Ordinary Shares of 5 pence
each
ISIN: GB00BN2CJ299
|
|
b)
|
Nature of the transaction
|
Acquisition of new ordinary shares
following conversion of convertible loan notes
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
8.7 pence
|
73,368
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
14 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Further information on the Company
can be found on its website at: https://www.heiq.com/investor-relations/
This announcement should be read in
its entirety. In particular, the information in the "Important
Notices" section of the announcement should be read and
understood.
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.