11 Jan 2016 15:36
Applied Graphene Materials plc
('Applied Graphene Materials' or 'the Company')
Applied Graphene Materials, the producer of specialty graphene materials, has today been notified that the following Directors participated in the Placing and their revised shareholdings in the Company following admission of the New Ordinary Shares on 11 January 2016 are shown below:
Director | Number of New Ordinary Shares acquired | Total Number of Ordinary Shares held following Admission | Percentage of Enlarged Share Capital held on Admission |
Dr. Bryan Dobson | 7,619 | 123,205 | 0.57% |
Jon Mabbitt | 7,619 | 121,735 | 0.56% |
Oliver Lightowlers | 7,619 | 39,877 | 0.18% |
Professor Karl Coleman | 7,619 | 1,724,126 | 7.88% |
Sean Christie | 7,619 | 7,619 | 0.03% |
MikeTownend | 7,619 | 7,619 | 0.03% |
All Placing Shares were acquired at 175 pence per share.
All defined terms in this announcement shall have the meanings ascribed to them in the circular published by the Company on 18 December 2015.
Enquiries:
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Jon Mabbitt, Chief Executive Officer
Oliver Lightowlers, Chief Financial Officer
N+1 Singer +44 (0) 207 496 3000
Shaun Dobson / Richard Lindley / Nick Owen
Hudson Sandler +44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Applied Graphene Materials
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.
The Group has developed a proprietary bottom-up process which is 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 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.