REG - Haydale Graphene Ind - Completion of Acquisition

Haydale Graphene IndustriesAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260112:nRSL4191Oa&default-theme=true

RNS Number : 4191O  Haydale Graphene Industries PLC  12 January 2026

Haydale Graphene Industries Plc

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

Completion of Acquisition of SaveMoneyCutCarbon

Transformational step in building a scalable graphene-enabled clean-tech
platform

 

Transaction Completion

Haydale, the global advanced materials and clean-tech company focused on
deploying energy and water-efficient technologies at scale, is pleased to
announce that it has completed the acquisition of Intelligent Resource
Management Limited (trading as SaveMoneyCutCarbon or "SMCC") (the
"Acquisition").

This follows the Company's announcement on 12 December 2025 and the approval
of all resolutions by shareholders at the General Meeting held on 6 January
2026. All conditions to completion have now been satisfied, including the
associated fundraising, shareholder approvals and admissions of new shares.
SMCC is now fully part of the Haydale Group.

 

Fundraising

In connection with the Acquisition, the Company has completed a fundraising,
with gross proceeds raised of approximately £5.75m.

Subscriptions were made by an array of investors including Haydale's existing
key strategic investor Quidos Technologies Limited (which is owned by the CEO,
Simon Turek, and long-time strategic investor Nick Pritchard), SMCC's existing
key strategic investor Barclays, tax efficient EIS investors as well as Mark
Sait, Chief Commercial Officer of the enlarged Group and CEO of SMCC, and
Theresa Wallis, Non-Executive Director.

The participation of senior management and strategic partners strongly aligns
interests with shareholders and underlines confidence in the enlarged Group's
strategy. The Company also notes that demand for the retail offer exceeded
available shares, reflecting strong investor support for both the Acquisition
and Haydale's strategic direction.

 

Strategic Rationale and Value Creation

The completion of this Acquisition marks a step-change in Haydale's evolution,
accelerating its transition from advanced materials innovator to a
commercially scalable, graphene-enabled clean-technology platform with
immediate market access.

As previously outlined, SMCC brings substantial and highly complementary
strategic benefits:

A national, nil-cost customer acquisition engine

SMCC's Impact Partner Programme embeds its Sustainability Hub directly into
the client offerings of major UK banks and utilities, including Barclays,
Lloyds, Santander and Wave Utilities. These partners fund the platform in
return for verified ESG and carbon data and actively refer their customers to
SMCC as part of their own Net Zero, lending and efficiency programmes. As a
result, SMCC generates a continuous flow of pre-qualified B2B opportunities at
effectively zero marginal acquisition cost, eliminating traditional sales and
marketing spend while delivering a scalable, partner-funded route-to-market
for Haydale's graphene-enabled technologies.

A proven B2B delivery platform at scale

The Acquisition adds an established end-to-end commercial capability covering
ESG advisory, audits, design, financing support, installation and ongoing
service delivery. SMCC has a strong track record of executing complex energy
and water-efficiency projects across the UK, materially strengthening
Haydale's ability to convert technology into revenue.

Rapid deployment of graphene-enabled products

SMCC provides a ready-made route to market for Haydale's proprietary
technologies, most notably JustHeat, the Company's graphene-based heating
system, alongside future graphene-enhanced products. In parallel, Haydale's
technology materially enhances SMCC's offering, enabling clients to adopt
deeper, more cost-effective decarbonisation solutions.

Together, the enlarged Group is now exceptionally well positioned to address
accelerating demand for practical, investable decarbonisation in the built
environment. Haydale's advanced materials and product innovation, combined
with SMCC's market access and execution capability, creates a vertically
integrated clean-tech platform capable of delivering measurable carbon, energy
and water savings at scale.

 

Integration and Next Steps

Integration of SMCC into the Group is now underway. SMCC will continue to
operate its successful Impact Partner Programme and client services, now
supported by Haydale's technology portfolio and balance sheet.

JustHeat will be incorporated immediately into SMCC's solution set, creating
near-term cross-selling opportunities across SMCC's existing and future
customer pipeline. The Board expects this to accelerate commercial traction
and shorten sales cycles.

As part of the transaction, Mark Sait, co-founder and CEO of SMCC, has joined
the Board of Haydale as an Executive Director and assumes the role of Chief
Commercial Officer of the enlarged Group. Mark and the SMCC management team
bring deep sector expertise and a strong commercial track record, and will
work closely with Haydale's leadership to drive integration and growth.

The Board believes the combined leadership team, broadened talent base and
enhanced route-to-market place Haydale in a strong position to execute its
growth strategy.

 

Annual Results

Following the change of accounting reference date announced on 12 December
2025, the Company looks forward to announcing audited final results for the
fifteen months to 30 September 2025 during the early part of February 2026.
Whilst these results will not include any impact of the acquisition of SMCC
they will provide management with an opportunity to update shareholders
further as regards commercial progress and the integration of SMCC.

 

Change of name

The proposed change of name of the Company to Haydale plc is expected to
become effective shortly. A further announcement will be made once this is
effective.

 

Simon Turek, Chief Executive Officer of Haydale, commented:

"Completing the acquisition of SaveMoneyCutCarbon is a pivotal milestone for
Haydale. Over the past year we have reshaped the Company into a focused,
commercially driven business with graphene-enabled technologies ready for
scale.

By combining our advanced materials expertise and JustHeat technology with
SMCC's nationwide market-access engine and delivery capability, we have
created a scalable clean-tech platform designed to deploy energy and
water-efficiency solutions at pace and with real impact.

The enlarged Group is uniquely positioned to help organisations cut energy and
water costs while materially reducing carbon emissions. I am delighted to
welcome Mark and the SMCC team to Haydale as we enter the next phase of growth
together."

 

For further information:

 Haydale Graphene Industries plc                                      Tel: +44 (0) 1269 842 946
 Simon Turek, CEO
 Patrick Carter, CFO
                                                                      www.haydale.com (http://www.haydale.com/)
 Cavendish Capital Markets Limited (Nominated Adviser & Broker)       Tel: +44 (0) 20 7220 0500
 Julian Blunt / Edward Whiley / Trisyia Jamaludin, Corporate Finance
 Andrew Burdis, ECM

 

About Haydale

Haydale is an advanced materials and clean-tech company focused on developing
and deploying energy and water-efficient technologies at scale. The Group
combines proprietary materials science and manufacturing capabilities with
commercially ready products across heating, cooling and energy efficiency.

Through the acquisition of SaveMoneyCutCarbon, Haydale is building a
vertically integrated clean-tech platform that pairs differentiated
graphene-enabled technologies with proven market access and delivery
capability, accelerating decarbonisation across the UK's residential,
commercial and institutional building stock.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQQFLFFQFLZBBX



            Copyright 2019 Regulatory News Service, all rights reserved