REG - HeiQ PLC - Result of General Meeting

HeiqAnnouncement

13/03/2024 14:30

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RNS Number : 7442G  HeiQ PLC  13 March 2024

13 March 2024

HeiQ PLC

("HeiQ" or "the Company")

Result of General Meeting, Issue of Equity & Total Voting Rights

The Company announces that all Resolutions were duly passed by Shareholders at
the General Meeting held today in connection with the recently announced
Fundraising.

 

The results of the voting were as follows:

 Resolution                                                      In favour    Against    Withheld
 1.  To sub-divide the ordinary shares                           43,627,201   3,213,056  56,011
 2.  to amend the company's articles                             43,627, 704  3,212,556  56,011
 3.  to authorise the directors to allot ordinary shares         43,634,062   3,206,201  56,011
 4.  to authorise the directors to disaaply pre-emption rights   43,627,710   3,212,556  56,011

 

Copies of the resolutions required to be made available for inspection in
accordance with LR 9.6.2 have been submitted today to the Financial Conduct
Authority and will shortly be available for inspection on the National Storage
Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Accordingly, the Company announces the issuance of 28,000,000 New Ordinary
Shares and applications have been made for the 28,000,000 New Ordinary Shares
to be admitted to the standard segment of the Official List and admitted to
trading on the London Stock Exchange ("Admission"), comprising (i) 7,866,709
Placing Shares; (ii) 862,069 Retail Shares and (iii) 19,271,222 Convertible
Loan Note Shares.  Admission is expected to occur tomorrow, 14 March 2024.

 

Following the issue and allotment of the New Ordinary Shares the Company has
168,537,907 Ordinary Shares in issue. The Company holds no Ordinary Shares in
treasury, and therefore the total number of voting rights in the Company is
168,537,907. This figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.

Furthermore, the Capital Reorganisation which comprises a subdivision of each
Existing Ordinary Share of 30p into one New Ordinary Share of 5 pence and one
Deferred Share of 25 pence, will become effective tomorrow. This is a
technical change only and does not affect the rights of any holder of Existing
Ordinary Shares.

Unless otherwise defined, capitalised terms shall have the same meaning as
those set out in its announcement regarding the Fundraising dated 15 February
2024.

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)

Further information on the Company can be found on its website at:
https://www.heiq.com/investor-relations/
(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.

 

 

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