Directors’ Participation in Fundraising

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	[phone]
Giulio Cesareo, CEO
Giorgio Bonfanti, CFO
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)	[phone]
Neil McDonald
Adam Rae
Singer Capital Markets Securities Limited (Joint Broker)	[phone]
Rick Thompson
Phil Davies
Alma Strategic Communications	[phone]
Justine James	[e-mail]
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 Identification code	Ordinary shares of 0.25 pence each 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 -  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 Identification code	Ordinary shares of 0.25 pence each 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 -  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 Identification code	Ordinary shares of 0.25 pence each 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 -  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 Identification code	Ordinary shares of 0.25 pence each 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 -  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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