REG - HeiQ PLC - Heiq AeoniQ Capital Raising

HeiqAnnouncement

16/07/2024 07:00

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RNS Number : 5588W  HeiQ PLC  16 July 2024

16 July 2024

 

HeiQ Plc

("HeiQ" or "the Company")

Heiq AeoniQ Capital Raising

HeiQ Plc (LSE: HEIQ), a leading company in materials innovation and hygiene
technologies, announces today that it intends to raise further capital for its
sustainable fiber technologies subsidiary, HeiQ AeoniQ. Accordingly, the
Company is now commencing a process seeking to raise equity financing at the
HeiQ AeoniQ subsidiary level only.

 

HeiQ Plc's holding in HeiQ AeoniQ is 93 per cent, with Hugo Boss and MAS
Regent holding minority interests. Proceeds would primarily be used to
establish HeiQ AeoniQ's first commercial-scale manufacturing facility at its
industrial site acquired in Q1 2024 in Portugal.

 

 

Further announcements will be made in due course.

 

 

For further information, please contact:

 HeiQ Plc                                          +41 56 250 68 50

 Carlo Centonze (CEO)

 Cavendish Capital Markets Limited (Broker)        +44 (0) 207 397 8900

 Stephen Keys / Callum Davidson
 SEC Newgate (Media Enquiries)                     +44 (0) 20 3757 6882

 Elisabeth Cowell / Molly Gretton / Tom Carnegie   HeiQ@s (mailto:HeiQ@secnewgate.co.uk) ecnewgate (mailto:HeiQ@secnewgate.co.uk)
                                                   .co.uk (mailto:HeiQ@secnewgate.co.uk)

 

About HeiQ

Founded in 2005, HeiQ is a Swiss-based international company that is a global
leader in biotech ingredients and specialty chemicals for diverse applications
such as textiles, flooring, building materials, glass, plastics, probiotic
cleaning, cosmetics, and more. Working with more than 1000 partners in over 60
countries, our goal is to infuse ordinary products with extraordinary
qualities, offering our co-creation partners sustainable and disruptive
solutions across industries.

 

Our business model focuses on the commercialization of existing and as well as
the incubation of new technologies, driving shareholder value through sales
growth, entry into lucrative markets, and disruptive innovation. This model
consists of three distinct technology ventures, being HeiQ AeoniQ, HeiQ ECOS,
and HeiQ GrapheneX, and three growth-orientated business units being HeiQ
Textiles & Flooring, HeiQ Life Sciences, and HeiQ Antimicrobials.

 

We have a robust track record of innovation, with over 200 technologies
developed in partnership with 300 major brands, including Hanes, Burberry,
HUGO BOSS, Lycra, Zara, Itochu, Bosch Siemens, Ecolab, Woellner, Americhem,
Lixil, and many more. Our global team comprises 230 professionals from 30
nationalities across five continents. We're committed to shaping a future
where everyday products drive positive change, one innovation at a time.

To learn more about HeiQ and our innovative solutions, visit www.heiq.com.

 

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