Directa Plus PLC Director Dealing (2348G)

TIDMDCTA

RNS Number : 2348G

Directa Plus PLC

25 May 2017

The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

25 May 2017

Directa Plus plc

("Directa Plus" or the "Company")

Directorate Dealing

Directa Plus (AIM: DCTA), one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets, announces that it has today been notified that David Gann, Non-Executive Director, purchased 3,300 ordinary shares of 0.25p each in the Company ("Ordinary Shares") at GBP0.74 per Ordinary Share on 22 May 2017.

David Gann also sold a total of 5,560 Ordinary Shares at a price of 72.5p per Ordinary Share, where 5,505 Ordinary Shares were immediately repurchased by him at the same price through a Bed and ISA arrangement.

Following the above mentioned transactions, David Gann has an interest in 23,245 Ordinary Shares, which represents 0.05 per cent. of the issued share capital of the Company.

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, Jonnie Cox (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                              David Gann 
                                       --------------------------------------- 
 2    Reason for 
       notification 
---  --------------------------------  --------------------------------------- 
 a.   Position/Status                   PDMR 
                                         Non-Executive Director of Directa 
                                         Plus plc 
---  --------------------------------  --------------------------------------- 
 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                       Ordinary Shares of 0.25p each 
       of the financial 
       instrument, 
       type of instrument 
                                         ISIN: GB00BSM98843 
       Identification 
       Code 
---  --------------------------------  --------------------------------------- 
 b.   Nature of the                     David Gann has purchased 3,300 
       transaction                       ordinary shares of 0.25p each 
                                         in the Company ("Ordinary Shares") 
---  --------------------------------  --------------------------------------- 
 c.   Price(s) and                       Price(s)    Volume(s) 
       volume(s)                         ----------  ---------- 
                                          GBP0.74     3,300 
        *    Transaction 1 (purchase)    ----------  ---------- 
                                          GBP0.725    5,560 
                                         ----------  ---------- 
                                          GBP0.725    5,505 
        *    Transaction 2 (sale)        ----------  ---------- 
 
 
 
        *    Transaction 3 (purchase) 
---  --------------------------------  --------------------------------------- 
 d.   Aggregated                         Price(s)   Aggregated   Aggregated 
       information                                    volume(s)    Total 
                                         ---------  -----------  ------------- 
        *    Transaction 1 (purchase)     GBP0.74    3,300        GBP2,442 
                                         ---------  -----------  ------------- 
                                          GBP0.725   5,560        GBP4,031 
                                         ---------  -----------  ------------- 
        *    Transaction 2 (sale)         GBP0.725   5,505        GBP3,991.125 
                                         ---------  -----------  ------------- 
 
 
        *    Transaction 3 (purchase) 
---  --------------------------------  --------------------------------------- 
 e.   Date of the                       22 May 2017 
       transactions 
---  --------------------------------  --------------------------------------- 
 f.   Place of the                      London Stock Exchange 
       transaction 
---  --------------------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 25, 2017 05:46 ET (09:46 GMT)