LONDON (Alliance News) - Applied Graphene Materials PLC said on Monday a group of directors each acquired 7,619 shares after participating in a share placing.
Applied Graphene Materials said in December, that it conditionally raised GBP8.1 million through the placing of 4.6 million shares at 175 pence each, and also announced an open offer for up to 1.1 million shares to raise up to GBP2.0 million at the same price.
Chairman Bryan Dobson, Chief Executive Officer Jon Mabbitt, Chief Financial Officer Oliver Lightowlers, and Chief Scientific Director Karl Coleman took part in the placing. They now hold 123,205 shares, 121,735 shares, 39,877 shares, and 1.7 million shares respectively.
The company also said non-executive directors Sean Christie and Mike Townsend also participated constituting their holdings.
The stock was down 0.4% at 182.30p Monday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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