The news came about as earlier this year the 37-year old “Emo”-punk icon confirmed a deal signing between Warner Brothers and was in the midst of completing his own solo album.

His former new jersey based band split in 2013 after a 12 year stretch creating four studio albums, of which ‘Three Cheers for Sweet Revenge’ produced their hit single “I’m Not Okay” and "Helena" which launched the band into the spotlight in 2004.

Shortly after their breakup in 2013, Gerard Way produced several solo tracks on a Soundcloud account, rebranding and distancing himself from his previous band. It appears this summer will be the only time fans of Gerard or indeed My Chemical Romance can still celebrate his work, after their last album was released in March of this year entitled “May Death Never Stop You: The Greatest Hits 2001-2013”.

Way will be playing alongside several fantastic acts this summer, such as Queens of the Stone Age, Vampire Weekend, Jimmy Eat World, Arctic Monkeys, The Hives, and Blink 182 - certainly a show not to be missed.

Tickets for the Reading and Leeds festivals are on sale now.