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DCTA Directa Plus Plc

19.20
0.70 (3.78%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Directa Plus Plc LSE:DCTA London Ordinary Share GB00BSM98843 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 3.78% 19.20 18.40 20.00 19.20 19.20 19.20 14,255 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Carbon And Graphite Products 11.28M -4.82M -0.0730 -2.63 12.68M

Directa Plus PLC New Textile Membrane Patent Granted

10/09/2019 7:02am

RNS Non-Regulatory


TIDMDCTA

Directa Plus PLC

10 September 2019

10 September 2019

Directa Plus plc

("Directa Plus" or the "Company")

New Textile Membrane

Patent Granted for Polyurethane Film Containing G+ Graphene Nanoplatelets

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, is pleased to announce the development of a new, innovative membrane based on a polyurethane film containing the Company's G+ graphene nanoplatelets. The new membrane, to be marketed under the Grafytherm(TM) and Grafyshield(TM) provides water protection as well as breathability together with G+ performance: thermal and electrical conductivity, infrared absorption and bacteriostaticity (the capacity to inhibit the growth or reproduction of bacteria). The film has been granted an Italian patent and is in the process of being extended internationally.

The membrane will be initially targeted at the apparel market where the Company's existing G+ products already deliver increased levels of thermal comfort to wearers based on body heat homogenisation and heat retention. Future developments of Grafytherm(TM) and Grafyshield(TM) are expected to include smart textile and electronic applications, such as electrical heating and data transmission to provide new functionalities in the furniture upholstery and automotive segments.

The new membrane has been developed by Directa Plus and the Company's membrane partner, Novaresin.

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "The new membrane builds on the recognised benefits we are already delivering to apparel markets with our sustainably produced G+ graphene products and opens the door to the large global supply chains in automotive and upholstery. The grant of patent protection means we can start marketing the exciting potential applications opened up by the film to forward-thinking manufacturers in Italy and globally."

For further information please visit http://www.directa-plus.com/ or contact:

 
 Directa Plus plc                               +39 02 36714458 
 Giulio Cesareo, CEO 
 Marco Ferrari, CFO 
 Cantor Fitzgerald Europe (Nominated Adviser 
  and Joint Broker)                             +44 20 7894 7000 
 Rick Thompson, Philip Davies Will Goode 
  (Corporate Finance) 
 Caspar Shand Kydd (Sales) 
 N+1 Singer (Joint Broker)                      +44 20 7496 3069 
 Mark Taylor, Lauren Kettle 
 Tavistock (Financial PR and IR)                +44 20 7920 3150 
 Simon Hudson, Barnaby Hayward, Edward 
  Lee 
 

About Directa Plus

Our focus is on sectors where we have established strong commercial advantage through developing and launching products with a technological lead: Environmental, based on our Grafysorber(R) product for treating oil contaminated water; Textiles (based on our G+ products and technology); Composites (including our asphalt additive in Ecopave; and, Elastomers (including retread tyres). All our products are hypoallergenic, non-toxic and sustainably produced.

-ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 10, 2019 02:02 ET (06:02 GMT)

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