Applied Graphene Materials PLC Posting of Circular and Notice of General Meeting (4934T)
October 12 2017 - 11:19AM
UK Regulatory
TIDMAGM
RNS Number : 4934T
Applied Graphene Materials PLC
12 October 2017
12 October 2017
Applied Graphene Materials plc
("Applied Graphene Materials", "the Group" or "the Company")
Posting of Circular and Notice of General Meeting
Further to the Company's announcement on 10 October 2017 that it
has conditionally raised gross proceeds of GBP9 million through a
placing of New Ordinary Shares and it is proposing to raise gross
proceeds of up to approximately GBP1 million through an open offer
of New Ordinary Shares to Qualifying Shareholders, Applied Graphene
Materials, confirms that the Circular (containing a notice
convening the General Meeting) has been posted to Shareholders and
will shortly be available for download on the Company's website:
http://www.appliedgraphenematerials.com.
The General Meeting has been convened for Monday, 30 October
2017 at 11.00 am at the offices of Squire Patton Boggs (UK) LLP, 6
Wellington Place, Leeds LS1 4AP, United Kingdom.
Save as otherwise defined, capitalised terms used in this
announcement have the meanings given to them in the announcement
released by the Company on 10 October 2017 entitled 'Proposed
Placing by Accelerated Bookbuild'.
For further information, please contact:
+44 (0) 1642 438
Applied Graphene Materials 214
Jon Mabbitt, Chief Executive
Officer
Gareth Jones, Chief Financial
Officer
+44 (0) 207 496
N+1 Singer 3000
Richard Lindley / James
White
+44 (0) 207 796
Hudson Sandler 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 two core markets: coatings,
and composites and polymers.
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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