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Applied Graphene - Result of AGM

RNS Number : 2061X
Applied Graphene Materials PLC
17 December 2019
 

17 December 2019

 

Applied Graphene Materials plc

 

("Applied Graphene Materials", "the Group" or "the Company")

 

Result of Annual General Meeting

 

Applied Graphene Materials, the producer of specialty graphene materials, announces that, at its Annual General Meeting held on 17 December, all resolutions put to shareholders were duly passed.

 

For further information, please contact:

Applied Graphene Materials                                                                       +44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer

David Blain, Chief Financial Officer

 

 

N+1 Singer                                                                                                     +44 (0) 207 496 3000

Richard Lindley / Justin McKeegan (Corporate Finance)

Mia Gardner (Corporate Broking)

 

 

Hudson Sandler                                                                                             +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

Notes to Editors

Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide bespoke graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications. The Group's strategy is to target commercial applications in three core markets: coatings, composites and functional materials.

The Group has developed proprietary bottom-up processes which are capable of producing high purity graphene nanoplatelets using a continuous process. The manufacturing process is based on sustainable, readily available raw materials and therefore does not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind this process.

Applied Graphene Materials was founded by Professor Karl Coleman in 2010 with its operations and processes based on technology that he initially developed at Durham University.  The Group was admitted to AIM in November 2013, raising £11 million, and is based at the Wilton Site on Teesside. In January 2016 the Group raised £8.5m to support its ongoing activities and in October 2017 the Group raised a further £9.8m.

 


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Quick facts: Applied Graphene Materials PLC

Price: 9.88

Market: AIM
Market Cap: £4.88 m
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