Issue of Equity and Total Voting Rights

RNS Number : 2545V

HeiQ PLC

08 August 2022

 

8 August 2022

HeiQ Plc

("HeiQ" or "the Company")

Issue of Equity and Total Voting Rights

HeiQ Plc (LSE: HEIQ), a Swiss IP innovator and established global brand in materials and textile innovation which operates in high-growth markets, announces the issuance of 164,721 new ordinary shares of £0.30 each in the Company ("New Shares") to satisfy certain share payments due to the Company's Innovation Advisory Board, as well as for consultancy and other services provided by third parties.

Applications have been made to the London Stock Exchange and FCA for the New Shares to be admitted to the standard segment of the Official List and also admitted to trading on the London Stock Exchange ("Admisison"). Admission is expected to become effective on 9 August 2022 and the shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the Company.

Total Voting Rights

Following the issue and allotment of the New Shares the Company has 134,557,424 Ordinary Shares in issue. The Company holds no Ordinary Shares in treasury, and therefore the total number of voting rights in the Company is 134,557,424. 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.

For further information, please contact:

HeiQ Plc Carlo Centonze (CEO)	[phone]
Cenkos Securities plc (Joint Broker) Stephen Keys / Callum Davidson	[phone]
SEC Newgate (Media Enquiries) Elisabeth Cowell / Axaule Shukanayeva / Molly Gretton	[phone] HeiQ@s ecnewgate .co.uk

About HeiQ

HeiQ Plc is a purpose-led IP creator for novel materials. It develops and commercialises technologies that make textiles, surfaces and materials more hygienic, protective, comfortable and resource efficient. And critically, they make them more sustainable too.

HeiQ offers technologies in 4 main functions to customers and consumers and delivers them in 4 forms (our "4x4" approach). It sells these technologies in a range of different forms - either as ingredients, materials, finished goods or on a trademark licensing basis. Its added functionalities provide product-developers with a valuable USP, which means that HeiQ's end users include over 300 major brands. 

During its 17-year history, HeiQ has built long-standing relationships with clients all over the world and secured an established position in the textile sector. In recent years, it has expanded its offerings to other industries to also address material innovations in healthcare, water treatment, industrial laundry, detergents, paints and coatings, plastics and packaging.

HeiQ employs over 200 people, based in 14 offices, 8 R&D hubs and 7 manufacturing facilities around the world. Over 20 distributors complete its global presence to serve over 50 countries.

 

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