AGM.L Regulatory News (AGM)

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THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN APPLIED GRAPHENE MATERIALS PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION, SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF APPLIED GRAPHENE MATERIALS PLC.

 30 October 2017

Applied Graphene Materials plc

('Applied Graphene Materials' or 'the Company')

Results of Open Offer and General Meeting

and Total Voting Rights

On 10 October 2017, Applied Graphene Materials (AIM: AGM), the producer of specialty graphene materials, announced the Fundraising, subject to Shareholder approval, by way of a placing and open offer. The Gross Proceeds of the Fundraising will be approximately £9.77 million.

Result of Open Offer

In addition to the Placing, the Fundraising included an open offer of up to 2,786,345 New Ordinary Shares at an issue price of 36 pence per New Ordinary Share, which closed for acceptances at 11.00 a.m. on 27 October 2017. The Company is pleased to announce that valid applications have been received from Qualifying Shareholders in respect of 2,138,617 Open Offer Shares, including applications for 746,117 Open Offer Shares in respect of Shareholders' Basic Entitlements and applications for 1,392,500 Open Offer Shares under the Excess Application Facility.

Qualifying Shareholders who have validly applied for Open Offer Shares will receive their Basic Entitlement, or such lesser number applied for, in full and 100 per cent. of any Ordinary Shares applied for under the Excess Application Facility.

Result of General Meeting

The Board is also pleased to announce that at the General Meeting held earlier today, the Resolutions proposed to approve the Fundraising were duly passed.

The Fundraising remains conditional upon Admission becoming effective on or before 8.00 a.m. on 31 October 2017 (or such later time and/or date, being no later than 8.00 a.m. on 30 November 2017, as the Company and N+1 Singer may agree). Application has been made for the 27,138,617 New Ordinary Shares to be admitted to trading on AIM with Admission expected to become effective at 8.00 a.m. on 31 October 2017.

Total Voting Rights

On Admission, the Company will have 49,429,380 Ordinary Shares in issue and no shares are held in treasury. Therefore the Company's total number of Ordinary Shares with voting rights will be 49,429,380.

The above figure of 49,429,380 may 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

All defined terms in this announcement shall have the meanings ascribed to them in the circular published by the Company on 12 October 2017.

Nplus1 Singer Advisory LLP ("N+1 Singer") is acting as Nominated Adviser and broker to the Company in relation to the Fundraising. N+1 Singer, which is a member of the London Stock Exchange and is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting for the Company and for no one else in relation to the Fundraising. N+1 Singer will not be responsible to any other person for providing the protections afforded to its clients nor for advising any other person in connection with the matters contained in this announcement.

This announcement has been issued by, and is the sole responsibility of, the Company. N+1 Singer has not authorised the contents of any part of this announcement and no representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by N+1 Singer, or by any of its respective affiliates or agents, as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to any interested party, and any liability therefore is expressly disclaimed.