21 Jan 2019 12:00
21 January 2019
Applied Graphene Materials plc
("Applied Graphene Materials", "the Group" or "the Company")
Director / PDMR Shareholding
On 21 January 2019, Applied Graphene Materials, the producer of specialty graphene materials, was informed that the Company's Chief Financial Officer, David Blain, today purchased 17,800 ordinary shares of 2 pence in the Company ("Ordinary Shares") at a price of 28 pence each. Mr. Blain now has an interest in 17,800 Ordinary Shares, representing 0.04% of the Company's issued share capital.
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
N+1 Singer +44 (0) 207 496 3000
Richard Lindley / Justin McKeegan
Hudson Sandler +44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Notes to Editors
Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide bespoke graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications. The Group's strategy is to target commercial applications in three core markets: coatings, composites and functional materials.
The Group has developed proprietary bottom-up processes which are capable of producing high purity graphene nanoplatelets using a continuous process. The manufacturing process is based on sustainable, readily available raw materials and therefore does not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind this process.
Applied Graphene Materials was founded by Professor Karl Coleman in 2010 with its operations and processes based on technology that he initially developed at Durham University. The Group was admitted to AIM in November 2013, raising £11 million, and is based at the Wilton Site on Teesside. In January 2016 the Group raised £8.5m to support its ongoing activities and in October 2017 the Group raised a further £9.8m.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | David Blain | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Chief Financial Officer) | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Applied Graphene Materials plc | |
b) | LEI | 213800OA661EWZOW5253 | |
4 | 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, type of instrument
Identification code
| Ordinary shares of 2 pence each
GB00BFSSB742 | |
b) | Nature of the transaction | Management share-based compensation scheme | |
c)
| Price(s) and volume(s)
| Price | Volume |
28.0 | 17,800 | ||
d) | Aggregated information - Aggregated volume - Price
|
n/a
| |
e) | Date of the transaction | 21 January 2019 | |
f) | Place of the transaction | London Stock Exchange | |