REG - Directa Plus PLC - Collaboration on Air and Water Filtration

Directa PlusAnnouncement

01/12/2021 07:00

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RNS Number : 1011U  Directa Plus PLC  01 December 2021

1 December 2021

 

Directa Plus plc

("Directa Plus" or the "Company")

 

Collaboration with Major Industrial Partner on Air and Water Filtration

Plan to develop new products combining the best of the partners' technologies

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that it has signed a Letter of Intent with an Italian-based global
chemicals and materials group and a major player in the non-woven materials
industry to collaborate on an exclusive basis for an initial period of 12
months.

 

The collaboration will see Directa Plus G+® technologies combined with those
of its partner to develop specific products for the global air and water
filtration markets.  If the initial collaboration is successful and the
technical results envisaged are achieved, the two companies will negotiate a
technical and commercial partnership agreement.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus said: "In the
advanced material arena there is no shortage of technologies.  However,
combining the most appropriate technologies to come up with products that
customers actually want and need is in short supply.  The significant
investment made by our partner in advanced non-woven production and their
know-how coupled with our disruptive G+® graphene technology could see our
graphene products becoming a real innovation accelerator, drastically reducing
the time-to-market for new products."

 

For further information please visit http://www.directa-plus.com/
(http://www.directa-plus.com/) or contact:

 

 Directa Plus plc                                            +39 02 36714458
 Giulio Cesareo, CEO / Giorgio Bonfanti, CFO

 Cenkos Securities plc (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald / Adam Rae

 Singer Capital Markets (Joint Broker)                       +44 20 7496 3069
 Rick Thompson / Phil Davies

 Tavistock (Financial PR and IR)                             +44 20 7920 3150
 Simon Hudson / Heather Armstrong

 

About Directa Plus

Our focus is principally on the two sectors in which we have strong commercial
advantage through developed and launched products and a technological lead:
environmental (based on our Grafysorber® product), textiles (based on our
G+® products) and, more recently, lithium-sulphur batteries.  In addition,
we will continue to pursue opportunities in elastomers and composites
(including tyres and asphalt), also using our G+® products.  All our
products are hypoallergenic, non-toxic and sustainably produced.  Directa
Plus holds the Green Economy Mark from London Stock Exchange which recognises
companies that contribute to the global green economy.

 

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