HeiQ Plc the UK-listed materials and textile innovation business has strengthened its antimicrobial technologies platform through the acquisition of Life Material Technologies Limited, Hong Kong for an upfront consideration of US$6.45m, with US$2.55 million payable in cash and US$3.9 million in shares and a further earn-out consideration of up to US$2.8m payable equally in cash and through the issue of new ordinary shares in 2022 based on LIFE’s financial performance during 2021.

Below is an interview with HeiQ’s CEO & FD, who provide the highlights from the recent results