Applied Graphene Materials PLC Issue of Equity, PDMR Dealing and TVR (8440C)
22 October 2020 - 4:18AM
UK Regulatory
TIDMAGM
RNS Number : 8440C
Applied Graphene Materials PLC
21 October 2020
21 October 2020
Applied Graphene Materials plc
("Applied Graphene Materials" or "the Company")
Issue of Equity, PDMR Dealing and Total Voting Rights
Applied Graphene Materials (LSE: AGM) (OTCQB: APGMF), the
producer of specialty graphene materials, confirms that 59,296
ordinary shares of 2 pence each ("Ordinary Shares") have been
issued by the Company in partial settlement of the annual bonus due
to David Blain, Chief Financial Officer, as determined by the
Company's Remuneration Committee. The Ordinary Shares have been
issued at a deemed price of 34.8 pence per share, being the average
of the daily closing share prices for the period from 14 October
2020 (being the date of announcement of the Company's results for
the year ended 31 January 2020) to 16 October 2020. The Ordinary
Shares issued to Mr Blain have all been sold at a price of 31.5
pence per share and therefore Mr Blain's holding remains unchanged
at 33,380 Ordinary Shares, representing 0.07% of the total voting
rights in the Company.
Application has been made to the London Stock Exchange for
admission of 59,926 Ordinary Shares to trading on AIM and dealings
are expected to commence on 23 October 2020 ("Admission").
Following Admission, the Company will have a total of 49,704,292
Ordinary Shares in issue with voting rights. The Company does not
hold any Ordinary Shares in treasury. This figure 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.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
Hudson Sandler +44 (0) 207 796 4133
Charlie Jack / Emily Dillon
N+1 Singer +44 (0) 207 496 3000
Peter Steel / Amanda Gray
Notes to Editors
For the last decade, Applied Graphene Materials has been at the
forefront of harnessing the possibilities of graphene. Founded
originally by Professor Karl Coleman, the Group has grown from an
academic idea from Durham University to a world leader in the
development and application of graphene nanoplatelet dispersions
for customers in the coatings, composites and functional materials
sectors.
The Group utilises its proprietary bottom-up manufacturing
process to produce high purity graphene nanoplatelets. Their
expertise in dispersion chemistry enables the Group to create
optimised, stable and easy to handle dispersions that customers use
in real-world industrial products. The Group's unique approach
enables industries to fully realise the potential of graphene in a
simple, safe and easy to formulate way.
The Group, based at the Wilton Centre on Teesside, was admitted
to AIM in November 2013, raising GBP11 million. The Group
successfully raised GBP8.5m in January 2016 and a further GBP9.8m
in November 2017. Since August 2020, the Group's shares are also
listed on OTCQX in the United States. As a result of the funding
support and their industry leading technology platform, the Group
has been able to develop a significant sales distribution network
covering Europe, North America and a partner in Japan. The Group
continues to work closely with industrial partners, and have seen
the successful launch of numerous commercial products enhanced by
their Graphene Dispersions.
https://www.appliedgraphenematerials.com/
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Blain
-------------------------------------- ----------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------------------- ----------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------------------- ----------------------------------------------------
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 Ordinary shares of GBP0.02 each
financial instrument,
type of instrument
Identification code GB00BFSSB742
b) Nature of the transaction 1. Issue of Ordinary Shares in partial
settlement of annual bonus
2. Sale of Ordinary Shares
-------------------------------------- ----------------------------------------------------
c) Price(s) and volume(s)
-------------------- ----------------
Price(s) Volume(s)
-------------------- ----------------
1. Issue of Ordinary
Shares in partial settlement
of annual bonus 34.8 pence 59,296
2. Sale of Ordinary
Shares 31.5 pence 59,296
------------------------ ----------------
d) Aggregated information
- Aggregated volume In respect of 1 and 2 in 4(c): N/A
- single transactions
- Price
e) Date of the transaction In respect of:
1. 19 October 2020
2. 21 October 2020
-------------------------------------- ----------------------------------------------------
f) Place of the transaction In respect of 1: outside a trading
venue; in respect of 2: London Stock
Exchange, AIM Market (XLON)
-------------------------------------- ----------------------------------------------------
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