Applied Graphene Materials PLC Directorate Change (2544T)
March 24 2021 - 02:00AM
UK Regulatory
TIDMAGM
RNS Number : 2544T
Applied Graphene Materials PLC
24 March 2021
24 March 2021
Applied Graphene Materials plc
("Applied Graphene Materials", "AGM" or "the Group")
DIRECTORATE CHANGE - MIKE TOWNEND
Applied Graphene Materials, the producer of specialty graphene
materials, announces that Mike Townend has indicated that he wishes
to step down as a Non-Executive Director from the AGM Board with
effect from 25 March 2021.
Mike is also shareholder IP Group's representative on the AGM
Board. IP Group will not be replacing Mike with a new
representative.
Bryan Dobson, Chairman of AGM, said:
"The Board would like to thank Mike for his resolute guidance
and input as part of the Board team to help steer AGM to the
position of being the leading technology provider that it is today.
It has been an absolute pleasure working with Mike and we wish him
well in the future."
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
Peter Steel / Amanda Gray
Allenby Capital Limited (Joint Broker) +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
Charlie Jack / Emily Dillon
Notes to Editors:
About 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 GBP11 million. The Group successfully
raised GBP8.5m in January 2016 and a further GBP9.8m in November
2017. Since August 2020, the Group's shares are also listed on
OTCQB in the United States and, in January 2021, the Group
successfully raised a further GBP6m gross. 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/
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END
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