TIDMLST
Light Science Tech. Holdings PLC
07 September 2023
Light Science Technologies Holdings plc
("LSTH", the "Company" or the "Group")
Investor Presentation
Tomtech Acquisition - Company Update
Light Science Technologies Holdings plc (AIM: LST), the
controlled environment agriculture ("CEA") technology and contract
electronics manufacturing ("CEM") group, announces that it will
hold a live presentation to discuss the Group earnings enhancing
acquisition of Tomtech (UK) Limited ("Tomtech"), announced on
Tuesday 06 September 2023, on Thursday 14 September at 16:00 BST
via Investor Meet Company. The Company will also discuss its
recently announced interim results and future prospects.
The presentation is open to all existing and potential
shareholders. Questions can be submitted at any time during the
live presentation via your Investor Meet Company dashboard.
Investors can sign up to Investor Meet Company for free and add to
meet Light Science Technologies Holdings plc via:
https://www.investormeetcompany.com/light-science-technologies-holdings-plc/register-investor
Investors who already follow Light Science Technologies Holdings
plc on the Investor Meet Company platform will automatically be
invited.
For additional information please contact:
Light Science Technologies Holdings www.lightsciencetechnologiesholdings.com
plc
Simon Deacon, Chief Executive Officer via Walbrook PR
Jim Snooks, Chief Financial Officer
Andrew Hempsall, Chief Operating
Officer
Strand Hanson Limited (Nominated Tel: +44 (0) 20 7409 3494
& Financial Adviser)
Ritchie Balmer / James Harris /
Rob Patrick
Oberon Capital (Broker)
Mike Seabrook / Nick Lovering Tel: +44 (0) 203 179 5300
Walbrook PR Ltd (Media & Investor Tel: +44 (0)20 7933 8780 or
Relations) lst@walbrookpr.com
Nick Rome / Paul McManus
About Light Science Technologies Holdings plc (
www.lightsciencetechnologiesholdings.com )
Light Science Technologies Holdings plc is the holding company
of the Group's controlled environment agriculture ("CEA") division,
Light Science Technologies Ltd ("Light Science Technologies"), and
its contract electronics manufacturing ("CEM") division, UK
Circuits and Electronics Solutions Limited ("UK Circuits").
Controlled Environment Agriculture
Light Science Technologies was founded in 2019 and is the
Company's grow lights and sensor technology business, providing
bespoke recipes and technologies tailored to customers' needs -
with key targets including indoor, vertical, glasshouses,
polytunnels and medicinal farming markets. The all-in-one CEA
solution will include analysing customers' crop growing
requirements to provide bespoke, low-energy and sustainable
equipment.
Market drivers include food and water shortages in many parts of
the world; growing global population; UK and other government
policy encouraging sustainable and efficient growth methods;
increased scrutiny of the effect of food production on climate
change and the continuing transition away from processed foods.
sensorGROW
sensorGROW was launched in June 2022 and its technology will
enable farmers to monitor the following key air zone growing
factors in real-time: carbon dioxide levels, humidity, light,
oxygen - and in the future: air speed, plant disease, soil,
temperature and water pH levels. By monitoring these key growing
factors, farmers can save money through better management of
resources: water, nutrients, fertilisers and energy - while
increasing yields and producing healthier crops.
nurturGROW
nurturGROW is a sustainable grow lighting product range,
offering an innovative, high-performance and cost-effective
solution for indoor farming, covering greenhouses, vertical
farming, polytunnels and medicinal plants.
Created with four core component parts, the nurturGROW range is
made of high quality, durable materials to give growers the ideal
balance between strength and optimal performance, minimising the
amount of materials needed to drastically cut down on waste and
reduce carbon footprint.
Tomtech
Tomtech was established in 1986 as a sole trader and
incorporated as Tomtech (UK) Limited in 2011. Since then, it has
become a UK leader in control systems for commercial greenhouses
and polytunnels. Since launching its first product over 35 years
ago, it has been at the forefront of the sector, providing
innovative and effective products and solutions.
It now provides comprehensive solutions to customers helping
them create, monitor and maintain an optimised cultivating
environment within glasshouses and other horticultural spaces. Its
sensors monitor temperature, humidity, light, carbon dioxide, pH,
nutrients and more - whilst its intelligent systems help control
irrigation, fertigation, dosing, ventilation, light and more.
Its highly adaptive systems are used throughout the UK and
Ireland to optimise growing conditions for multiple types of crops
grown within commercial greenhouses and other horticultural
environments.
Contract Electronics Manufacturing
UK Circuits is the Company's CEM focussed division, profit
making with strong revenues. The Group designs, procures, and
manufactures high-quality CEM products, specialising in Printed
Circuit Boards, which are used in a range of sectors including
audio, automotive, electronics, gas detection, lighting, pest
control, telecommunications and, more recently, the CEA market.
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END
NRALFMJTMTIMBTJ
(END) Dow Jones Newswires
September 07, 2023 02:00 ET (06:00 GMT)
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