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REG - Directa Plus PLC - Directors’ Participation in Fundraising

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RNS Number : 4236U  Directa Plus PLC  28 June 2024

28 June 2024

 

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

 

Directors' Participation in Fundraising

Total Voting Rights

 

Directa Plus (AIM: DCTA) (the "Company"), a leading producer and supplier of
graphene nanoplatelets based products for use in consumer and industrial
markets, is pleased to confirm that, further to the Company's announcement on
11 June 2024, the Directors' Intended Participation has now been effected and
the following Directors have subscribed for a total of 555,555 New Ordinary
Shares at the Issue Price of 18 pence each.

 

 Director                     New Ordinary Shares Subscribed For  Total Number of Ordinary Shares Held  % of Enlarged Issued Share Capital
 Giulio Cesareo, CEO          344,446                             4,302,674                             4.12%
 Richard Hickinbotham, Chair  166,666                             266,666                               0.26%
 Giorgio Bonfanti, CFO        16,666                              16,666                                0.02%
 Sarah Cope, NED              27,777                              27,777                                0.03%

 

Accordingly, the Company has, conditionally, raised gross proceeds of
approximately £6.9 million through the successful placing of, and
subscription for, a total of 38,361,106 New Ordinary Shares.

 

Application has been made to the London Stock Exchange for the New Ordinary
Shares to be admitted to trading on AIM. It is expected that Admission will
become effective, and that dealings in the New Ordinary Shares will commence
on AIM, at 8.00 a.m. on 1 July 2024. The Enlarged Issued Share Capital, as
increased by the New Ordinary Shares, immediately following Admission (and
excluding any issues of shares pursuant to the exercise of any employee share
incentives or options between the date of this Announcement and Admission)
will be 104,418,755 Ordinary Shares.

 

The New Ordinary Shares, when issued, will be credited as fully paid and will
rank on Admission pari passu in all respects with each other and with the
Existing Ordinary Shares, including the right to receive all dividends and
other distributions declared, made or paid after the date of issue.

 

Capitalised terms not otherwise defined in the text of this Announcement have
the meanings given in the Circular published on 11 June 2024.

 

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

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald
 Adam Rae

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

 Alma Strategic Communications                                           +44 20 3405 0205
 Justine James                                                           directaplus@almastrategic.com
 Hannah Campbell
 Kinvara Verdon

 

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+(R)) have multiple applications
due to its properties. These G+(R) 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.
Directa Plus holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                          Richard Hickinbotham
 2   Reason for notification
 a)  Position/Status                                                               Chairman
 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                                                                           213800X2DQST3K5ND898
 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 instrument                   Ordinary shares of 0.25 pence each

     Identification code

                                                                                   AIM: DCTA
 b)  Nature of the transaction                                                     Conditional agreement to subscribe for ordinary shares of 0.25 pence each
 c)  Price(s) and volume(s)                                                        Price(s)  Volume(s)
                                                                                   18p       166,666
 d)  Aggregated information                                                        N/A

     -  Aggregated volume

     -  Price
 e)  Date of the transaction                                                       28 June 2024

 f)  Place of the transaction                                                      London Stock Exchange, AIM

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

28 June 2024

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                          Giulio Cesareo
 2   Reason for notification
 a)  Position/Status                                                               CEO
 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                                                                           213800X2DQST3K5ND898
 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 instrument                   Ordinary shares of 0.25 pence each

     Identification code

                                                                                   AIM: DCTA
 b)  Nature of the transaction                                                     Conditional agreement to subscribe for ordinary shares of 0.25 pence each
 c)  Price(s) and volume(s)                                                        Price(s)  Volume(s)
                                                                                   18p       344,446
 d)  Aggregated information                                                        N/A

     -  Aggregated volume

     -  Price
 e)  Date of the transaction                                                       28 June 2024

 f)  Place of the transaction                                                      London Stock Exchange, AIM

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

28 June 2024

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                          Giorgio Bonfanti
 2   Reason for notification
 a)  Position/Status                                                               CFO
 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                                                                           213800X2DQST3K5ND898
 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 instrument                   Ordinary shares of 0.25 pence each

     Identification code

                                                                                   AIM: DCTA
 b)  Nature of the transaction                                                     Conditional agreement to subscribe for ordinary shares of 0.25 pence each
 c)  Price(s) and volume(s)                                                        Price(s)  Volume(s)
                                                                                   18p       16,666
 d)  Aggregated information                                                        N/A

     -  Aggregated volume

     -  Price
 e)  Date of the transaction                                                       28 June 2024

 f)  Place of the transaction                                                      London Stock Exchange, AIM

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

28 June 2024

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                          Sarah Cope
 2   Reason for notification
 a)  Position/Status                                                               Non-Executive Director
 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                                                                           213800X2DQST3K5ND898
 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 instrument                   Ordinary shares of 0.25 pence each

     Identification code

                                                                                   AIM: DCTA
 b)  Nature of the transaction                                                     Conditional agreement to subscribe for ordinary shares of 0.25 pence each
 c)  Price(s) and volume(s)                                                        Price(s)  Volume(s)
                                                                                   18p       27,777
 d)  Aggregated information                                                        N/A

     -  Aggregated volume

     -  Price
 e)  Date of the transaction                                                       28 June 2024

 f)  Place of the transaction                                                      London Stock Exchange, AIM

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

28 June 2024

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

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