Close of Bookbuild and Subscription

RNS Number : 2001V

Directa Plus PLC

09 December 2021

 

9 December 2021

Directa Plus plc

Close of Bookbuild and Subscription

Further to the announcement made at 12.30 p.m. today, the Placing and the Subscription have now closed and the Bookbuild has been successfully concluded.

Participants in the Placing will be contacted by the Joint Brokers as soon as practicable to confirm their allocations. A further announcement will be made in due course confirming details of the Fundraise.

Capitalised terms used in this announcement shall, unless the context provides otherwise, bear the same meaning ascribed to such terms in the announcement made by the Company at 12.30 p.m. today to announce the launch of the Fundraise.

For further information, please contact:

Directa Plus plc	[phone]
Giulio Cesareo, CEO
Giorgio Bonfanti, CFO
Cenkos Securities plc (Nominated Adviser and Joint Broker)	[phone]
Neil McDonald
Adam Rae
Singer Capital Markets Securities Limited (Joint Broker)	[phone]
Rick Thompson
Phil Davies
Tavistock (Financial PR and IR)	[phone]
Simon Hudson
Heather Armstrong

The person responsible for arranging the release of this Announcement on behalf of the Company is Giorgio Bonfanti, Chief Financial Officer of the Company.

Notes to Editors

Directa Plus (www.directa-plus.com) is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets. The Company's graphene manufacturing capability uses proprietary patented technology based on a plasma super expansion process. Starting from natural graphite, each step of Directa Plus' production process - expansion, exfoliation and drying - creates graphene-based materials and hybrid graphene materials ready for a variety of uses and available in various forms such as powder, liquid and paste.

This proprietary production process uses a physical process, rather than a chemical process, to process graphite into pristine graphene nanoplatelets, which enables Directa Plus to offer a sustainable, non-toxic product, without unwanted by-products.

Directa Plus' products are made of hybrid graphene materials and graphene nano-platelets. The products (marketed as G+) have multiple applications due to its properties. These G+ products can be categorised into various families, with different products being suitable for specific practical applications.

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and has been listed on the AIM market of the London Stock Exchange since May 2016.

 

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