Last checked at 11 Oct 2017 12:27
The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
11 October 2017
Directa Plus plc
("Directa Plus" or the "Group")
Directorate Dealing
Directa Plus (AIM: DCTA), a producer and supplier of graphene-based products for use in consumer and industrial markets, announces that it has been notified that on 11 October 2017 Galbiga Immobiliare S.r.l. ("Galbiga") purchased 15,500 ordinary shares of 0.25p each in the Company ("Ordinary Shares") at £0.62 per share.
Galbiga is a company owned and controlled by Giulio Cesareo, the CEO of Directa Plus. Following this acquisition, Giulio Cesareo is now beneficially interested in 3,176,391 Ordinary Shares, which represents approximately 7.2 per cent. of the issued share capital of the Company.
Enquiries
Directa Plus plc | |
Giulio Cesareo, CEO Marco Ferrari, CFO | +39 02 36714458 |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) | |
Marc Milmo, David Foreman, Callum Butterfield (Corporate Finance) Mark Westcott, (Sales) | +44 20 7894 7000 |
Luther Pendragon (Financial PR) | |
Harry Chathli, Claire Norbury, Alexis Gore | +44 20 7618 9100 |
About Directa Plus
Directa Plus is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets worldwide. By incorporating Directa Plus' unique graphene blends, identified by the G+ brand, its customers can enhance the performance of their end products without significantly increasing their cost. Directa Plus graphene-based products are natural, chemical-free, sustainably produced and tailored to specific customer requirements for commercial applications such as smart textiles, tyres, composite materials and environmental solutions.
Established in 2005, the Company has a patented technology process and a scalable and exportable manufacturing model. It produces graphene-based products at its own factory in Lomazzo, Italy, and can set up additional production at customer locations to reduce transport costs, waste and time-to-utilisation. Directa Plus partners with customers to enable them to offer the high-performance benefits of graphene in their own products.
Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Giulio Cesareo | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | PDMR CEO of Directa Plus plc | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Directa Plus plc | ||||||
b. | LEI | N/A | ||||||
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 instrumentIdentification Code | Ordinary Shares of 25p each ISIN: GB00BSM98843 | ||||||
b. | Nature of the transaction | Galbiga Immobiliare S.r.l., a company owned and controlled by Giulio Cesareo, has purchased 15,500 ordinary shares of 0.25p each in the Company ("Ordinary Shares") | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
£0.62 | 15,500 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
Volume: 15,500 Price: 62 pence | ||||||
e. | Date of the transaction | 11 - Oct - 2017 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||