Stock exchange listing for HeiQ
Textile materials technology innovator HeiQ has formally listed on the London Stock Exchange.
Its placing and subscritption were over-subscribed and raised £60 million before expenses.
HeiQ said in the build-up to its listing that it was part of a textile chemicals market with an estimated value of $24 billion and part of an antimicrobial textile market worth $10 billion. Founded in 2005, HeiQ’s technologies equip textiles with the ability to cool, warm, dry, repel, purify and stop viruses.