16 July 2024
HeiQ Plc
("HeiQ" or "the Company")
Heiq AeoniQ Capital Raising
HeiQ Plc (LSE: HEIQ), a leading company in materials innovation and hygiene technologies, announces today that it intends to raise further capital for its sustainable fiber technologies subsidiary, HeiQ AeoniQ. Accordingly, the Company is now commencing a process seeking to raise equity financing at the HeiQ AeoniQ subsidiary level only.
HeiQ Plc's holding in HeiQ AeoniQ is 93 per cent, with Hugo Boss and MAS Regent holding minority interests. Proceeds would primarily be used to establish HeiQ AeoniQ's first commercial-scale manufacturing facility at its industrial site acquired in Q1 2024 in Portugal.
Further announcements will be made in due course.
For further information, please contact:
| HeiQ Plc Carlo Centonze (CEO)
| +41 56 250 68 50
|
| Cavendish Capital Markets Limited (Broker) Stephen Keys / Callum Davidson | +44 (0) 207 397 8900 |
| SEC Newgate (Media Enquiries) Elisabeth Cowell / Molly Gretton / Tom Carnegie | +44 (0) 20 3757 6882 |
About HeiQ
Founded in 2005, HeiQ is a Swiss-based international company that is a global leader in biotech ingredients and specialty chemicals for diverse applications such as textiles, flooring, building materials, glass, plastics, probiotic cleaning, cosmetics, and more. Working with more than 1000 partners in over 60 countries, our goal is to infuse ordinary products with extraordinary qualities, offering our co-creation partners sustainable and disruptive solutions across industries.
Our business model focuses on the commercialization of existing and as well as the incubation of new technologies, driving shareholder value through sales growth, entry into lucrative markets, and disruptive innovation. This model consists of three distinct technology ventures, being HeiQ AeoniQ, HeiQ ECOS, and HeiQ GrapheneX, and three growth-orientated business units being HeiQ Textiles & Flooring, HeiQ Life Sciences, and HeiQ Antimicrobials.
We have a robust track record of innovation, with over 200 technologies developed in partnership with 300 major brands, including Hanes, Burberry, HUGO BOSS, Lycra, Zara, Itochu, Bosch Siemens, Ecolab, Woellner, Americhem, Lixil, and many more. Our global team comprises 230 professionals from 30 nationalities across five continents. We're committed to shaping a future where everyday products drive positive change, one innovation at a time.
To learn more about HeiQ and our innovative solutions, visit www.heiq.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
