Haydale Graphene Industries plc announced plans to raise approximately £3.8 million before expenses through a Placing arranged by Arden Partners plc. The company also announced that on the passing of the necessary Shareholder resolutions to approve the Fundraising Keith Broadbent, COO, will be appointed CEO of the Group and lead the executive management team as the Group moves towards profitability. Keith is currently COO of the Group having joined the Company in July 2017 and was subsequently appointed to the Board in September 2018. Prior to joining the Board, Keith was Managing Director of the Group's Resins, Polymers and Composites SBU.