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REG - HeiQ PLC - Temporary Suspension of Trading in Ordinary Shares

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RNS Number : 0654Y  HeiQ PLC  02 May 2023

2 May 2023

HeiQ Plc

("HeiQ" or "the Company")

Temporary Suspension of Trading in Ordinary Shares

Further to the Company's announcement on 27 April 2023 regarding the delayed
publication of the audited financial statements for the year ended 31 December
2022 ("2022 Accounts"), the Company applied for and has been granted a
temporary suspension of the listing on the Official List of the Financial
Conduct Authority ("FCA") of its ordinary shares of 30p each ("Ordinary
Shares") from 7.30 this morning until the 2022 Accounts have been published .

The Directors anticipate that the Company will be in a position to publish the
audited report and accounts in the coming weeks. The Company will provide
further market updates around the expected timing of the annual results
publication once its financial reporting and the audit work is sufficiently
progressed.

For further information, please contact:

 HeiQ Plc                           +41 56 250 68 50

 Carlo Centonze (CEO)
 Cenkos Securities plc (Broker)     +44 (0) 207 397 8900

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

 Elisabeth Cowell / Molly Gretton   heiq@secnewgate.co.uk (mailto:heiq@secnewgate.co.uk)

 

About HeiQ

HeiQ is focused on improving the lives of billions of people world-wide by
innovating the materials people use every day. HeiQ has strong IP which is at
the forefront of global technology in the $10 billion antimicrobial fabrics
market, $24 billion textile chemicals market, the $50 billion probiotics
market and the $150 billion man-made fibers market. It has also moved into the
medical device, healthcare and hygiene coatings markets, to help make
hospitals and healthcare environments more hygienic. HeiQ aims to deliver
growth for its shareholders through a combination of increased sales of its
core products and by entering additional lucrative markets through disruptive
innovations and M&A.

 

HeiQ has created some of the most effective, durable and high-performance
technologies in the market today, which cool, warm, dry, repel, purify, and
destroy viruses. Since 2005, HeiQ has developed over 200 technologies in
partnership with 300 major brands and it has a significant R&D pipeline
containing over 50 projects. The Company has won multiple awards and gained a
strong reputation for the ESG & sustainable downstream effect of its
innovations. HeiQ is the only company to have won the Swiss Technology award
twice. It has also won the Swiss Environmental award with an innovation that
saves energy and water consumption during the textile manufacturing process.

 

Led by an experienced leadership team, HeiQ researches new solutions for
partners, delivers scaled up manufacturing from its sites across the world and
helps partners market the product to end consumers - aiming for lab to
consumer in months.

 

 

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