Directa Plus PLC AGM Statement (4445H)
07 June 2017 - 11:22PM
UK Regulatory
TIDMDCTA
RNS Number : 4445H
Directa Plus PLC
07 June 2017
7 June 2017
Directa Plus plc
("Directa Plus" or the "Company")
AGM Statement
Directa Plus (AIM: DCTA), one of the largest producers and
suppliers of graphene-based products for use in consumer and
industrial markets, announces that at the Annual General Meeting of
the Company, which is being held today at 2.30pm, Giulio Cesareo,
Chief Executive Officer of Directa Plus, will make the following
statement.
"This was a significant year for Directa Plus with the Company
completing an IPO, gaining new customers and seeing existing
customers launch new products incorporating G+. The Company also
improved its production capacity and its development and
engineering capability and gained a deeper understanding of the
market requirements for our G+ graphene.
"Since the announcement of the full year results, the Company
has continued to make good progress working with our customers
looking to capture the high-performance benefits of G+ graphene. We
have recently received our first order for two different grades of
G+ graphene from a leading manufacturer of brake pads (with whom we
have a formal JDA) and in the environmental segment, we delivered
products for decontamination activities to be performed in the Oil
& Gas sector in Nigeria; this was done in collaboration with
ENI.
"In respect of the Company's solutions for Environmental
Markets, we remain engaged in commercial discussions in Romania,
Italy and Oman on the potential rental or sales of our Mobile
Decontamination solutions and believe meaningful progress can be
announced by the Company in due course. In the Textiles market, we
continue to work closely with global textile producers to explore
new applications for G+ including commencing work with Eurojersey
on their first graphene enhanced textiles for their leading
Sensitive(R) Fabrics brand. Finally, in the Elastomers market, it
was pleasing to see that the winner of the Giro d'Italia, Tom
Dumoulin, used G+ graphene tyres at every stage of the tour.
"In 2017, our intentions are to build on these foundations,
continue to further develop our marketing and production processes,
and better position ourselves to address market opportunities. In
light of the significant opportunities for the Company's G+
products, the Board continues to look to the future with
optimism."
Enquiries
Directa Plus plc
--------------------------------------- ----------------
Giulio Cesareo, CEO
Marco Ferrari, CFO +39 02 36714458
--------------------------------------- ----------------
Cantor Fitzgerald Europe (Nominated
Adviser and Broker)
--------------------------------------- ----------------
Marc Milmo, David Foreman, Michael
Reynolds (Corporate Finance) +44 20 7894
Mark Westcott, Jonnie Cox (Sales) 7000
--------------------------------------- ----------------
Luther Pendragon (Financial PR)
--------------------------------------- ----------------
Harry Chathli, Claire Norbury, Alexis +44 20 7618
Gore 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 Group 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMEADKXEAEXEFF
(END) Dow Jones Newswires
June 07, 2017 09:22 ET (13:22 GMT)
Directa Plus (LSE:DCTA)
Historical Stock Chart
From Apr 2024 to May 2024
Directa Plus (LSE:DCTA)
Historical Stock Chart
From May 2023 to May 2024