REG - Tirupati Graphite - Appointment of Joint Broker

Tirupati GraphiteAnnouncement

16/11/2023 16:00

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RNS Number : 7400T  Tirupati Graphite PLC  16 November 2023

16 November 2023

Tirupati Graphite plc

('Tirupati' or the 'Company')

 

Appointment of Joint Broker

 

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist Flake Graphite
company and supplier of the critical mineral for the global energy transition,
is pleased to announce it has appointed Shard Capital Partners LLP to act as
joint broker, working alongside its existing broker Optiva Securities, with
immediate effect.

 

Shishir Poddar, Executive Chairman, commented:

 

"We are pleased to welcome Shard Capital as our newly appointed joint broker,
reflecting the exceptional progress the Company is making. Alongside Optiva
Securities, Shard Capital will help us to enhance our capital markets presence
to support the continued strong growth trajectory. We remain focused on
developing our portfolio of high-quality graphite projects to meet the
significant demand required for the energy transition."

 

ENDS

 

For further information, please visit https://www.tirupatigraphite.co.uk/
(https://www.tirupatigraphite.co.uk/) or contact:

 

 Tirupati Graphite Plc

 Puruvi Poddar - Chief of Corporate & Business Development        admin@tirupatigraphite.co.uk (mailto:admin@tirupatigraphite.co.uk)

                                                                  +44 (0) 20 39849894
 Optiva Securities Limited (Joint Broker)

 Ben Maitland - Corporate Finance                                 +44 (0) 20 3034 2707

 Holly Ritson - Corporate Broking                                 +44 (0) 20 3981 4173

 Shard Capital Partners LLP (Joint Broker)

 Isabella Pierre - Corporate Broking                              +44 20 71869927

 Damon Heath - Corporate Broking                                  +44 20 7186 9950
 FTI Consulting (Financial PR)                                    +44 (0) 20 3727 1000

 Ben Brewerton / Nick Hennis / Lucy Wigney                        tirupati@fticonsulting.com

 

About Tirupati Graphite

 

Tirupati Graphite Plc is a specialist Graphite producer and a supplier of
critical minerals for a decarbonised economy and the energy transition. The
Company places a special emphasis on green applications including renewable
energy, e-mobility, energy storage and thermal management, and is committed to
ensuring its operations are sustainable.

The Company's operations include primary mining and processing in Madagascar
where the Company operates two key projects, Sahamamy and Vatomina with a
combined 30,000 tpa of currently installed capacity, producing high-quality
flake graphite concentrate with up to 97% purity and selling to customers
globally.

The Company has also acquired two advanced stage, world class, natural
graphite projects in Mozambique. Work has already commenced to optimise the
economics for development of the Montepuez graphite project, which is
permitted for 100,000tpa production and where substantial construction work
has already been undertaken by the previous operator.

 

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