03 Nov 2015
Strengthening the offer
Haydale has announced a successful placing and launched an open offer to raise £5.6m net through the issue of 3.75m shares at 160p. Combined with a number of positive developments since the IPO in April 2014, and following solid FY15 results, the company appears well-positioned to continue its progress. Focus on graphene-enhanced inks and composites end-markets appears to us to bring closer commercial success.