31 Oct 2016 07:01
31 October 2016
Applied Graphene Materials plc
("Applied Graphene Materials", the "Group" or the "Company")
Exercise of share options, Director/PDMR Dealing and Total Voting Rights
Applied Graphene Materials, the producer of specialty graphene materials, announces that it received notification from Oliver Lightowlers, Chief Financial Officer, of the exercise today of 83,102 EMI share options, granted in October 2013 at an exercise price of £0.583 per ordinary share. Consequently, the Company will allot 83,102 new ordinary shares of 2 pence each ("Ordinary Shares") to satisfy the exercise of these share options. As a result of this exercise of share options, Oliver Lightowlers' shareholding in the Company will increase to 289,183 Ordinary Shares, being approximately 1.3% of the enlarged issued share capital.
Application will be made to the London Stock Exchange for these 83,102 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and admission is expected to occur at 8.00 a.m. on 4 November 2016.
In accordance with the FCA's Disclosure and Transparency Rules, following the above allotment, the Company's issued share capital will consist of 22,121,857 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.
The figure of 22,121,857 Ordinary Shares should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Ends
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Jon Mabbitt, Chief Executive Officer
N+1 Singer +44 (0) 207 496 3000
Richard Lindley / Nick Owen / James White
Hudson Sandler +44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Notification of dealing form
1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Oliver Lightowlers | ||||
b) | Position / status | Chief Financial Officer | ||||
c) | Initial notification / amendment | Initial notification | ||||
2. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument | Ordinary Shares | ||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 31 October 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||