REG - Directa Plus PLC - First Commercial Contract in Latin America

Directa PlusAnnouncement

28/10/2022 07:00

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RNS Number : 4162E  Directa Plus PLC  28 October 2022

 

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28 October 2022

 

Directa Plus plc

("Directa Plus" or the "Company")

 

First Commercial Contract in Latin America

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that the Company has concluded its first exclusive supply agreement
(the "Supply Agreement") for its printed graphene textile Planar Thermal
Circuit® (PTC®) in Latin America.  The contract is with a Columbian based
manufacturer of ballistic protection clothing, CIA Miguel Caballero SAS ("CIA
Miguel Caballero").  CIA Miguel Caballero is a specialist textile group with
global distribution.  The initial exclusive four year supply contract will
see Directa Plus providing a total of 77,500 linear meters of PTC® printed
material over a four year period, commencing from October 2022, for a total
value of over €1 million.

 

Following four months of trials, the Supply Agreement will see Directa Plus
provide CIA Miguel Caballero's subsidiary MC Armor with PTC® printed linings
for ballistic vests.  MC Armor has a successful 30-year history in the sales
of ballistic protection clothing and is based in Colombia with international
marketing and distribution.  All MC Armor product lines will adopt the new
technology lining: SAS Black, Gold, S33 line, Armored T-shirts "tank top" and
Armor T-shirt.

 

CIA Miguel Caballero will integrate Directa Plus's trademark G+® in the
products' marketing information as a warranty seal for performance,
sustainable graphene production, and material safety.  The first products
embedded with the Company's patented PTC technology using G+® graphene will
be shown in Las Vegas during the 2023 ShootShow (17 January - 20 January
2023).  The partnership between Directa Plus and CIA Miguel Caballero will
also explore other G+® textile technology applications over the duration of
the initial contract period.

 

As a result of the Company's G+® graphene's thermal conductivity, PTC®
absorbs the heat produced by the human body, distributing it inside the
garment and dissipating it by interacting with the surrounding environment.
This conductivity mechanism supports the natural thermoregulation of the body,
providing wearers with increased comfort and performance levels.  G+®
graphene is manufactured in a sustainable manner, without the use of
chemicals, by exploiting water and mechanical treatment and so is perfectly
suitable for wearing next to the skin.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "This
contract is the first high-volume application of the PTC® technology in
ballistic vests  and our first in Latin America. Directa's agile business
model has been designed to capture significant opportunities on a world wide
basis, leveraging on partners' powerful market penetration.  We are looking
forward to working with Miguel Caballero - which has global distribution - and
creates specialized personal protection for human beings through innovative
garments."

 

This announcement has been approved by Giulio Cesareo, Chief Executive, on
behalf of the Company.

 

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

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.
The Company holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

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