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Haydale Graphene raises additional £1.8mln through open offer

Haydale has raised £5.8mln to refinance itself over the past month

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Haydale

Haydale Graphene Industries PLC (LON:HAYD) has picked up an additional £1.8mln from an open offer to add to the £4mln it raised from a placing and subscription.

The composite material and graphene specialist said the take-up of the open offer was 44.6% including an over-allotment option.

The new shares were priced at 2p and start trading on AIM tomorrow, March 13.

Quick facts: Haydale Graphene Inds PLC

Price: 1.875 GBX

LSE:HAYD
Market: LSE
Market Cap: £6.38 m
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on 11/12/18

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