Haydale has reported its plan for a significant strategic step: raising fresh capital and acquiring an energy‑efficiency business to accelerate the commercial deployment of its graphene-based technologies.
The company intends to acquire Intelligent Resource Management Limited, trading as SaveMoneyCutCarbon (SMCC), a business that delivers energy‑ and water‑efficiency solutions to both residential and commercial customers, in an all‑share deal worth up to about £17.1 million. The price includes an initial share-based payment of around £11.2 million and up to a further £6 million in shares over the next few years, if Haydale’s share price reaches certain targets.
Haydale has reported its plan for a significant strategic step: raising fresh capital and acquiring an energy‑efficiency business to accelerate the commercial deployment of its graphene-based technologies. The company intends to acquire Intelligent Resource Management Limited, trading as SaveMoneyCutCarbon (SMCC), a business that delivers energy‑ and water‑efficiency solutions to both residential and commercial customers, in an all‑share deal worth up to about £17.1 million. The price includes an initial share-based payment of around £11.2 million and up to a further £6 million in shares over the next few years, if Haydale’s share price reaches certain targets.
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