Applied Graphene Materials PLC Directorate Change (8071N)
October 31 2016 - 2:00AM
UK Regulatory
TIDMAGM
RNS Number : 8071N
Applied Graphene Materials PLC
31 October 2016
31 October 2016
Applied Graphene Materials plc
("Applied Graphene Materials", "the Group" or "the Company")
Directorate Change Update
Applied Graphene Materials, the producer of specialty graphene
materials, announces that further to the Company's announcement on
12 August 2016 regarding Oliver Lightowlers' (Chief Financial
Officer) notice of his resignation from the Board, Oliver will at
the end of today step down from the Board of the Company.
The Board's recruitment process to appoint a successor is well
underway and an announcement will follow in due course.
Ends
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Jon Mabbitt, Chief Executive Officer
N+1 Singer +44 (0) 207 496 3000
Richard Lindley / Nick Owen / James White
Hudson Sandler +44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Notes to Editors
Applied Graphene Materials
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 polymers, and functional fluids.
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 GBP11 million, and is based at the
Wilton Site on Teesside. In January 2016 the Group raised a further
GBP8.5m to support its ongoing activities.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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