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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 18.70 | 18.40 | 19.00 | 18.85 | 18.70 | 18.70 | 1,139 | 08:00:20 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Carbon And Graphite Products | 11.28M | -4.82M | -0.0730 | -2.56 | 12.35M |
From May 2021 to May 2024
By Anthony O. Goriainoff
Directa Plus PLC said Monday that its Italian subsidiary, Directa Plus SpA, has qualified for 700,000 euros ($830,795) in loans under the Italian government's Covid-19 recovery plan.
Directa Plus, an Italy-based, U.K.-listed supplier of graphene-based products, said the funds will be available from Intesa Sanpaolo SpA in two tranches: an initial EUR500,000 loan and a further EUR200,000 leasing loan to fund the acquisition of new machinery for its production facility.
The loans are 80% to 90% guaranteed by the Italian government, and it is negotiating for an additional EUR500,000 loan with another Italian bank, the company said.
Directa Plus said it took advantage of the low-cost liquidity offered by the Italian government to accelerate its strategic program.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
August 02, 2021 03:02 ET (07:02 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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