Directa Plus PLC Director Share Purchase (9108M)

TIDMDCTA

RNS Number : 9108M

Directa Plus PLC

02 May 2018

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (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.

2 May 2018

Directa Plus plc

("Directa Plus" or the "Company")

Director Share Purchase

Directa Plus plc (AIM: DCTA), a producer and supplier of graphene-based products for use in consumer and industrial markets, announces that Galbiga Immobiliare S.r.l. ("Galbiga") today purchased 29,400 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a price of 51 pence per Ordinary Share.

Galbiga is a company owned and controlled by Giulio Cesareo, CEO and a director of Directa Plus. Following this acquisition, Giulio Cesareo is now beneficially interested in 3,205,791 Ordinary Shares, which represents approximately 7.3 per cent. of the issued share capital of the Company.

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                       Giulio Cesareo 
                                ------------------------------ 
 2    Reason for 
       notification 
---  -------------------------  ------------------------------ 
 a.   Position/Status            Executive Director and CEO 
---  -------------------------  ------------------------------ 
 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              Purchase of Ordinary Shares 
       transaction 
---  -------------------------  ------------------------------ 
 c.       Price(s) and            Price(s)    Volume(s) 
           volume(s)              ----------  ---------- 
                                   GBP0.51     29,400 
                                  ----------  ---------- 
---  -------------------------  ------------------------------ 
 d.   Aggregated 
       information 
                                   29,400 
        *    Aggregated volume 
                                   51 pence 
 
 
        *    Price 
---  -------------------------  ------------------------------ 
 e.   Date of the                2 May 2018 
       transactions 
---  -------------------------  ------------------------------ 
 f.   Place of the               London Stock Exchange 
       transaction 
---  -------------------------  ------------------------------ 
 

Enquiries

 
 Directa Plus plc 
---------------------------------------  ---------------- 
 Giulio Cesareo, CEO 
  Marco Ferrari, CFO                      [phone] 
---------------------------------------  ---------------- 
 
 Cantor Fitzgerald Europe (Nominated 
  Adviser and Broker) 
---------------------------------------  ---------------- 
 Marc Milmo, David Foreman (Corporate 
  Finance)                                [phone] 
  Alex Pollen (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 Company has a patented technology process and a portfolio of product and application patents. It produces its graphene-based products at its own factory in Lomazzo, Italy, with a scalable and exportable manufacturing model enabling the set-up of 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 02, 2018 08:06 ET (12:06 GMT)