RNS Number : 2005A
Applied Graphene Materials PLC
31 January 2022
 

 

 

31 January 2022

Issue of share options

Applied Graphene Materials (LSE: AGM), the producer of specialty graphene materials and dispersions, announces that share options over ordinary shares of 2 pence each in the Company have today been granted to certain employees under the terms of the Company's Save As You Earn Share Plan.

 

A total of 561,972 share options have been granted, including 52,325 to Adrian Potts, CEO of the Company and PDMR, as disclosed below:

 

Name

Position

Number of shares subject to Option

Option exercise price per share

Total number of options held under all schemes

Adrian Potts

CEO & PDMR

52,325

£0.172

832,093

 

The option exercise price was set on 12 January 2022, being the day prior to invitation to join the Save As You Earn Share Plan. No performance conditions attach to these options, which may be exercised in the six month period from 1 February 2025 to 31 July 2025. Nil consideration is payable in respect of the grant of options.

For further information, please contact:

 

Applied Graphene Materials                                                                                     +44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer

David Blain, Chief Financial Officer

 

Singer Capital Markets                                                                                                  +44 (0) 207 496 3000

Peter Steel / Amanda Gray

 

Allenby Capital Limited                                                                                                                +44 (0) 203 328 5656

Nick Athanas / Liz Kirchner (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 

Hudson Sandler                                                                                                               +44 (0) 207 796 4133

Nick Lyon / Emily Dillon

 

Notes to Editors

 

Applied Graphene Materials - For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.

 

The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Its expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way. 

 

AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising £11 million. The Group successfully raised £8.5m in January 2016, £9.8m in November 2017 and a further £6m gross in January 2021. The Group's shares are also cross-traded on OTCQX in the United States. As a result of the funding support and its industry leading technology platform, AGM has been able to develop a significant sales distribution network covering Europe, North America and Asia. The Group continues to work closely with industrial partners, and has seen the successful launch of numerous commercial products enhanced by its Graphene Dispersions.

https://www.appliedgraphenematerials.com/

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adrian Potts

2

Reason for the notification

a)

Position/status

Chief Executive Officer (PDMR)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Applied Graphene Materials plc

b)

LEI

213800OA661EWZOW5253

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 the financial instrument, type of instrument

 

Identification code

 

Options over ordinary shares of 2 pence each

 

 

GB00BFSSB742

b)

Nature of the transaction

Grant of Options

c)

 

Price(s) and volume(s)

 

Price

Volume

N/A

52,325

d)

Aggregated information

- Aggregated volume

- Price

 

 

n/a - single transaction

 

e)

Date of the transaction

31 January 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

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