Applied Graphene Materials PLC Board Change (5562D)

TIDMAGM

RNS Number : 5562D

Applied Graphene Materials PLC

01 February 2018

Applied Graphene Materials plc

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

Board Change

Applied Graphene Materials, the innovative supplier of graphene based products, announces that Jon Mabbitt, Chief Executive Of cer, has informed the Board of his intention to retire. Jon has committed to continuing in his current role until a successor has been appointed to ensure a smooth transition. After his retirement, Jon will continue in a part time advisory role to support the further development of the business.

Bryan Dobson, Chairman, said: "Jon has played a key role in the development and growth of the business. The Company has a confident outlook that is underpinned by the commercial momentum that continues to build, with customer partnerships strengthening across our targeted industry sectors. We thank Jon for his substantial contribution and his continued support and we wish him all the very best for the future on his retirement. The search for a new Chief Executive will commence immediately."

Jon Mabbitt, Chief Executive Officer, said: "It has been a privilege to be part of the significant progress that AGM has made over the past few years. I am confident that with its strategy on track, the Company, with its unique technology, established relationships and market reach will capitalise on the significant global opportunity for graphene. I look forward to continuing to support the Company."

For further information, please contact:

 
                                   [phone] 
 Applied Graphene Materials                     214 
 Jon Mabbitt, Chief Executive 
  Officer 
 Gareth Jones, Chief Financial 
  Officer 
 
                                    [phone] 
 N+1 Singer                                    3000 
 Richard Lindley / James White 
 
                                    [phone] 
 Hudson Sandler                                4133 
 Charlie Jack / Emily Dillon 
 

Notes to Editors

Applied Graphene Materials was founded by Professor Karl Coleman in 2010 with its operations and processes based on technology that he initially developed at Durham University. The Group is based at the Wilton Site on Teesside and was admitted to AIM in November 2013, initially raising GBP11 million.

The Group has developed proprietary bottom-up processes which are capable of producing high purity graphene nanoplatelets using a continuous process. The manufacturing processes are based on sustainable, readily available raw materials and therefore do not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind these processes.

Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide bespoke graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 01, 2018 02:00 ET (07:00 GMT)