- Haydale Graphene Industries said it was sounding out investors about conducting an equity raising.

The placing was expected to be carried out at a 'material' discount to the closing price of the company's shares on Tuesday, it added.

'Discussions with potential investors remain ongoing and a detailed announcement will be made in due course,' Haydale Graphene said.

The company said it made the announcement amid speculation that a raising was imminent.

At 2:13pm: [LON:HAYD] Haydale Graphene Industries Plc share price was -10.75p at 12.25p

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