Light Science Technologies Holdings plc
("LSTH", the "Company" or the "Group")
Investor Presentation
Tomtech Acquisition - Company Update
Light Science Technologies Holdings plc (AIM: LST), the controlled environment agriculture ("CEA") technology and contract electronics manufacturing ("CEM") group, announces that it will hold a live presentation to discuss the Group earnings enhancing acquisition of Tomtech (UK) Limited ("Tomtech"), announced on Tuesday 06 September 2023, on Thursday 14 September at 16:00 BST via Investor Meet Company. The Company will also discuss its recently announced interim results and future prospects.
The presentation is open to all existing and potential shareholders. Questions can be submitted at any time during the live presentation via your Investor Meet Company dashboard. Investors can sign up to Investor Meet Company for free and add to meet Light Science Technologies Holdings plc via:
https://www.investormeetcompany.com/light-science-technologies-holdings-plc/register-investor
Investors who already follow Light Science Technologies Holdings plc on the Investor Meet Company platform will automatically be invited.
For additional information please contact:
Light Science Technologies Holdings plc
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Simon Deacon, Chief Executive Officer Jim Snooks, Chief Financial Officer Andrew Hempsall, Chief Operating Officer | via Walbrook PR |
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Strand Hanson Limited (Nominated & Financial Adviser) | Tel: +44 (0) 20 7409 3494 |
Ritchie Balmer / James Harris / Rob Patrick | |
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Oberon Capital (Broker) | |
Mike Seabrook / Nick Lovering | Tel: +44 (0) 203 179 5300 |
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Walbrook PR Ltd (Media & Investor Relations)
| Tel: +44 (0)20 7933 8780 or lst@walbrookpr.com |
Nick Rome / Paul McManus | |
About Light Science Technologies Holdings plc (www.lightsciencetechnologiesholdings.com)
Light Science Technologies Holdings plc is the holding company of the Group's controlled environment agriculture ("CEA") division, Light Science Technologies Ltd ("Light Science Technologies"), and its contract electronics manufacturing ("CEM") division, UK Circuits and Electronics Solutions Limited ("UK Circuits").
Controlled Environment Agriculture
Light Science Technologies was founded in 2019 and is the Company's grow lights and sensor technology business, providing bespoke recipes and technologies tailored to customers' needs - with key targets including indoor, vertical, glasshouses, polytunnels and medicinal farming markets. The all-in-one CEA solution will include analysing customers' crop growing requirements to provide bespoke, low-energy and sustainable equipment.
Market drivers include food and water shortages in many parts of the world; growing global population; UK and other government policy encouraging sustainable and efficient growth methods; increased scrutiny of the effect of food production on climate change and the continuing transition away from processed foods.
sensorGROW
sensorGROW was launched in June 2022 and its technology will enable farmers to monitor the following key air zone growing factors in real-time: carbon dioxide levels, humidity, light, oxygen - and in the future: air speed, plant disease, soil, temperature and water pH levels. By monitoring these key growing factors, farmers can save money through better management of resources: water, nutrients, fertilisers and energy - while increasing yields and producing healthier crops.
nurturGROW
nurturGROW is a sustainable grow lighting product range, offering an innovative, high-performance and cost-effective solution for indoor farming, covering greenhouses, vertical farming, polytunnels and medicinal plants.
Created with four core component parts, the nurturGROW range is made of high quality, durable materials to give growers the ideal balance between strength and optimal performance, minimising the amount of materials needed to drastically cut down on waste and reduce carbon footprint.
Tomtech
Tomtech was established in 1986 as a sole trader and incorporated as Tomtech (UK) Limited in 2011. Since then, it has become a UK leader in control systems for commercial greenhouses and polytunnels. Since launching its first product over 35 years ago, it has been at the forefront of the sector, providing innovative and effective products and solutions.
It now provides comprehensive solutions to customers helping them create, monitor and maintain an optimised cultivating environment within glasshouses and other horticultural spaces. Its sensors monitor temperature, humidity, light, carbon dioxide, pH, nutrients and more - whilst its intelligent systems help control irrigation, fertigation, dosing, ventilation, light and more.
Its highly adaptive systems are used throughout the UK and Ireland to optimise growing conditions for multiple types of crops grown within commercial greenhouses and other horticultural environments.
Contract Electronics Manufacturing
UK Circuits is the Company's CEM focussed division, profit making with strong revenues. The Group designs, procures, and manufactures high-quality CEM products, specialising in Printed Circuit Boards, which are used in a range of sectors including audio, automotive, electronics, gas detection, lighting, pest control, telecommunications and, more recently, the CEA market.
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