ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

DCTA Directa Plus Plc

20.00
1.00 (5.26%)
10 May 2024 - Closed
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
  1.00 5.26% 20.00 18.00 19.50 19.00 18.75 19.00 20,277 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Carbon And Graphite Products 11.28M -4.82M -0.0730 -2.57 12.39M

Directa Plus PLC Results of Open Offer (4014M)

07/01/2019 1:00pm

UK Regulatory


Directa Plus (LSE:DCTA)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Directa Plus Charts.

TIDMDCTA

RNS Number : 4014M

Directa Plus PLC

07 January 2019

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE EU MARKET ABUSE REGULATION (596/2014). UPON THE PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

7 January 2019

DIRECTA PLUS PLC

("Directa Plus" or the "Company")

Results of Open Offer

Directa Plus (AIM: DCTA), a producer and supplier of graphene-based products for use in consumer and industrial markets, is pleased to announce that further to the announcement of the Open Offer on 13 December 2018, it has conditionally raised total gross proceeds of GBP0.3 million via the Open Offer.

The Open Offer closed for acceptances at 11.00 a.m. on 4 January 2019. The Company received valid acceptances from Qualifying Shareholders in respect of 603,609 Open Offer Shares, including applications for 344,736 Open Offer Shares under the Excess Application Facility. This represents 30.04 per cent. of the maximum Open Offer Shares available under the Open Offer. Admission of the Open Offer shares is subject to passing the relevant resolutions at the General Meeting.

Application has been made to the London Stock Exchange for the Conditional Placing Shares and Open Offer Shares to be admitted to trading on AIM. On the assumption that, amongst other things, Resolutions 1 and 2 are passed by Shareholders at the General Meeting, it is expected that Second Admission will become effective, and that dealings in the Conditional Placing Shares and Open Offer Shares will commence, at 8.00 a.m. on 9 January 2019.

For the purposes of the FCA's Disclosure Guidance and Transparency Rules (DTR), the Company's total voting rights as from the date of Second Admission will be 51,116,436 Ordinary Shares.

Director Participation

The Company confirms that the following directors participated in the Open Offer, pari passu with other applicants under the Open Offer.

 
 Director              Existing           Total Open            Total Open               Holding   % of Enlarged 
                        holding         Offer Shares          Offer Shares           of Ordinary    Issued Share 
                    of Ordinary              applied               applied    Shares immediately         Capital 
                         Shares            for under             for under             following 
                                   Basic Entitlement    Excess Application             admission 
                                                                  Facility           of the Open 
                                                                                    Offer Shares 
 Sir Peter 
  Middleton              20,000                  909                 4,091                25,000           0.05% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 Giulio Cesareo       3,238,791              147,217                62,783             3,448,791           6.75% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 Marco Ferrari           15,666                  712                 9,288                25,666           0.05% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 David Gann              42,379                1,926                39,074                83,379           0.16% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 Neil Warner             20,000                  909                 1,091                22,000           0.04% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 Richard 
  Hickinbotham           29,000                1,318                38,682                69,000           0.13% 
                  -------------  -------------------  --------------------  --------------------  -------------- 
 

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 13 December 2018.

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 (Corporate 
  Finance) 
  Mia Gardner (Corporate Broking) 
 
 Tavistock (Financial PR and IR)                +44 20 7920 3150 
 Simon Hudson, Sophie Praill, Edward Lee 
 

About Directa Plus

Directa Plus is principally focused on the two sectors in which it has a strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber(R) product) and textiles (based on our G+ products). In addition, the Company will continue to pursue opportunities in elastomers and composites (including tyres and asphalt), also using G+ products. All Directa Plus products are hypoallergenic, non-toxic and sustainably produced.

The person responsible for arranging the release of this announcement on behalf of Directa Plus is Marco Ferrari, Chief Financial Officer.

The below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Sir Peter Middleton 
     ------------------------  ------------------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status           Non-Executive Chairman 
     ------------------------  ------------------------------------------ 
 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                       213800X2DQST3K5ND898 
     ------------------------  ------------------------------------------ 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  ------------------------------------------ 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  ------------------------------------------ 
 c)   Price(s) and              50 pence 
       volume(s)                 5,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------ 
 d)   Aggregated information    50 pence 
                                 5,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------ 
 e)   Date of the transaction   4 January 2019 
     ------------------------  ------------------------------------------ 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Giulio Cesareo 
     ------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status           Chief Executive Officer 
     ------------------------  -------------------------------------------- 
 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                       213800X2DQST3K5ND898 
     ------------------------  -------------------------------------------- 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  -------------------------------------------- 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  -------------------------------------------- 
 c)   Price(s) and              50 pence 
       volume(s)                 210,000 Ordinary Shares of 0.25 pence each 
     ------------------------  -------------------------------------------- 
 d)   Aggregated information    50 pence 
                                 210,000 Ordinary Shares of 0.25 pence each 
     ------------------------  -------------------------------------------- 
 e)   Date of the transaction   4 January 2019 
     ------------------------  -------------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Marco Ferrari 
     ------------------------  ------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status           Chief Financial Officer 
     ------------------------  ------------------------------------------- 
 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                       213800X2DQST3K5ND898 
     ------------------------  ------------------------------------------- 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  ------------------------------------------- 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  ------------------------------------------- 
 c)   Price(s) and              50 pence 
       volume(s)                 10,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 d)   Aggregated information    50 pence 
                                 10,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 e)   Date of the transaction   4 January 2019 
     ------------------------  ------------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      David Gann 
     ------------------------  ------------------------------------------- 
 2    Reason for the 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                       213800X2DQST3K5ND898 
     ------------------------  ------------------------------------------- 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  ------------------------------------------- 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  ------------------------------------------- 
 c)   Price(s) and              50 pence 
       volume(s)                 41,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 d)   Aggregated information    50 pence 
                                 41,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 e)   Date of the transaction   4 January 2019 
     ------------------------  ------------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Neil Warner 
     ------------------------  ------------------------------------------ 
 2    Reason for the 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                       213800X2DQST3K5ND898 
     ------------------------  ------------------------------------------ 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  ------------------------------------------ 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  ------------------------------------------ 
 c)   Price(s) and              50 pence 
       volume(s)                 2,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------ 
 d)   Aggregated information    50 pence 
                                 2,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------ 
 e)   Date of the transaction   4 January 2019 
     ------------------------  ------------------------------------------ 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Richard Hickinbotham 
     ------------------------  ------------------------------------------- 
 2    Reason for the 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                       213800X2DQST3K5ND898 
     ------------------------  ------------------------------------------- 
 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 of            Ordinary Shares of 0.25 pence each 
       the financial 
       instrument, type          ISIN: GB00BSM98843 
       of instrument 
       Identification 
       code: 
     ------------------------  ------------------------------------------- 
 b)   Nature of the             Purchase of shares pursuant to the Open 
       transaction               Offer 
     ------------------------  ------------------------------------------- 
 c)   Price(s) and              50 pence 
       volume(s)                 40,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 d)   Aggregated information    50 pence 
                                 40,000 Ordinary Shares of 0.25 pence each 
     ------------------------  ------------------------------------------- 
 e)   Date of the transaction   4 January 2019 
     ------------------------  ------------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ------------------------------------------- 
 

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

MSCKMGGMZNFGLZM

(END) Dow Jones Newswires

January 07, 2019 08:00 ET (13:00 GMT)

1 Year Directa Plus Chart

1 Year Directa Plus Chart

1 Month Directa Plus Chart

1 Month Directa Plus Chart

Your Recent History

Delayed Upgrade Clock