Applied Graphene Materials PLC Director/PDMR Shareholding (8073N)

TIDMAGM

RNS Number : 8073N

Applied Graphene Materials PLC

31 October 2016

31 October 2016

Applied Graphene Materials plc

("Applied Graphene Materials", the "Group" or the "Company")

Exercise of share options, Director/PDMR Dealing and Total Voting Rights

Applied Graphene Materials, the producer of specialty graphene materials, announces that it received notification from Oliver Lightowlers, Chief Financial Officer, of the exercise today of 83,102 EMI share options, granted in October 2013 at an exercise price of GBP0.583 per ordinary share. Consequently, the Company will allot 83,102 new ordinary shares of 2 pence each ("Ordinary Shares") to satisfy the exercise of these share options. As a result of this exercise of share options, Oliver Lightowlers' shareholding in the Company will increase to 289,183 Ordinary Shares, being approximately 1.3% of the enlarged issued share capital.

Application will be made to the London Stock Exchange for these 83,102 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and admission is expected to occur at 8.00 a.m. on 4 November 2016.

In accordance with the FCA's Disclosure and Transparency Rules, following the above allotment, the Company's issued share capital will consist of 22,121,857 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.

The figure of 22,121,857 Ordinary Shares should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Ends

For further information, please contact:

Applied Graphene Materials [phone]

Jon Mabbitt, Chief Executive Officer

N+1 Singer [phone]

Richard Lindley / Nick Owen / James White

Hudson Sandler [phone]

Charlie Jack / Emily Dillon

Notification of dealing form

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ----------------------------------------------------------- 
 a)   Name                            Oliver Lightowlers 
---  ------------------------------  --------------------------- 
 b)   Position                        Chief Financial Officer 
       / status 
---  ------------------------------  --------------------------- 
 c)   Initial                         Initial notification 
       notification 
       / amendment 
---  ------------------------------  --------------------------- 
 2.   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                     Ordinary Shares 
       of the 
       financial 
       instrument 
---  ------------------------------  --------------------------- 
 b)   Nature                          Exercise of Options 
       of the 
       transaction 
---  ------------------------------  --------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        GBP0.583    83,102 
                                       ----------  ---------- 
---  ------------------------------  --------------------------- 
 d)        Aggregated                 N/A - single transaction 
            information 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  --------------------------- 
 e)   Date of                         31 October 2016 
       the transaction 
---  ------------------------------  --------------------------- 
 f)   Place of                        London Stock Exchange, AIM 
       the transaction 
---  ------------------------------  --------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2016 03:01 ET (07:01 GMT)