Directa Plus PLC Annual Report Posting, AGM Notice & Options Grant (9384E)

TIDMDCTA

RNS Number : 9384E

Directa Plus PLC

12 May 2017

12 May 2017

Directa Plus plc

("Directa Plus" or the "Company")

Posting of Annual Report and Accounts

Notice of AGM

Grant of Options

Directa Plus (AIM: DCTA), one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets, gives notice that the Annual General Meeting ("AGM") of the Company is to be held at 2.30pm BST on Wednesday 7 June 2017 at 3(rd) floor, 11-12 St. James's Square, London, SW1Y 4LB.

The Annual Report and Accounts for the year ended 31 December 2016 and Notice of AGM have been posted to shareholders. Copies are also available on the Company's website at www.directa-plus.com.

Board Changes and Grant of Options

Further to the Company's announcement of 28 April 2017, Elizabeth Robinson has resigned from the Board of Directors and Richard Hickinbotham has been appointed to the Board of Directors both with effect from today.

Pursuant to his terms of appointment, Mr. Hickinbotham has today been granted share options under the Company's NED Share Scheme. Specifically, he has been granted 60,000 options over ordinary shares of 0.25p each in the Company at an exercise price of 75.0p, representing a premium of 7 per cent. to the closing price of the Company's ordinary shares on AIM on 11 May 2017. The Options will vest and become exercisable on the third anniversary of the Grant Date and will expire on the tenth of the anniversary of the Grant Date.

Enquiries

 
 Directa Plus plc 
---------------------------------------  ---------------- 
 Giulio Cesareo, CEO 
  Marco Ferrari, CFO                      [phone] 
---------------------------------------  ---------------- 
 
 Cantor Fitzgerald Europe (Nominated 
  Adviser and Broker) 
---------------------------------------  ---------------- 
 Marc Milmo, David Foreman, Michael 
  Reynolds (Corporate Finance)            [phone] 
  Mark Westcott, David Banks (Sales)       7000 
---------------------------------------  ---------------- 
 
 Luther Pendragon (Financial PR) 
---------------------------------------  ---------------- 
 Harry Chathli, Claire Norbury, Alexis    [phone] 
  Gore                                     9100 
---------------------------------------  ---------------- 
 

About Directa Plus

Directa Plus is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets worldwide. By incorporating Directa Plus' unique graphene blends, identified by the G+ brand, its customers can enhance the performance of their end products without significantly increasing their cost. Directa Plus graphene-based products are natural, chemical-free, sustainably produced and tailored to specific customer requirements for commercial applications such as smart textiles, tyres, composite materials and environmental solutions.

Established in 2005, the Group has a patented technology process and a scalable and exportable manufacturing model. It produces graphene-based products at its own factory in Lomazzo, Italy, and can set up additional production at customer locations to reduce transport costs, waste and time-to-utilisation. Directa Plus partners with customers to enable them to offer the high-performance benefits of graphene in their own products.

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
--------------------------------------------------------------- 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------- 
 a.   Name                    Richard Hickinbotham 
                             ---------------------------------- 
 2    Reason for 
       notification 
---  ----------------------  ---------------------------------- 
 a.   Position/Status         Non-executive director 
---  ----------------------  ---------------------------------- 
 b.   Initial notification/   Initial Notification 
       Amendment 
---  ----------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
     ---------------------------------------------------------- 
 a.   Name                    Directa Plus plc 
---  ----------------------  ---------------------------------- 
 b.   LEI                     N/A 
---  ----------------------  ---------------------------------- 
 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             Options over Ordinary Shares of 
       of the financial        0.25p each 
       instrument, 
       type of instrument 
 
       Identification          ISIN: GB00BSM98843 
       Code 
---  ----------------------  ---------------------------------- 
 b.   Nature of the           Grant of options under the NED 
       transaction             Share Scheme 
---  ----------------------  ---------------------------------- 
 c.   Price(s) and            Option awarded over 60,000 shares 
       volume(s)               at an exercise price of GBP0.75 
                               per share 
---  ----------------------  ---------------------------------- 
 d.   Aggregated              N/A - Single Transaction 
       information 
       - Aggregated 
       Volume 
       - Price 
---  ----------------------  ---------------------------------- 
 e.   Date of the             2017-05-12 
       transaction 
---  ----------------------  ---------------------------------- 
 f.   Place of the            Outside of trading venue 
       transaction 
---  ----------------------  ---------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 12, 2017 02:00 ET (06:00 GMT)