DIRECTA PLUS PLC — Board/Management Information 2017

Apr 28, 2017

National Storage Mechanism | Additional information

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RNS Number : 6817D

Directa Plus PLC

28 April 2017

The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").  Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

28 April 2017

Directa Plus plc

("Directa Plus" or the "Group")

Directorate Changes

Directa Plus (AIM: DCTA), one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets, is pleased to announce that Richard Hickinbotham will join the Group as a Non-Executive Director from 12 May 2017.  Elizabeth Robinson will resign as a Non-Executive Director on the same date.

Richard is an experienced City professional having served as Head of Equity Research at Cantor Fitzgerald Europe and Charles Stanley.  Prior to this, he held a number of senior positions at Investec and S.G. Warburg & Co. (acquired by UBS).  Richard holds a BSc. in Mechanical Engineering from Imperial College, and is a qualified Chartered Accountant.

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Richard Hickinbotham, aged 58 years, is or has been a director of the following companies during the five years preceding the date of this announcement:

Current directorships	Past directorships
Pemberton Terrace Management Company Limited	None

Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

Mr Hickinbotham is not beneficially interested in any shares in the Group.

Giulio Cesareo, Chief Executive Officer of Directa Plus, said: "I am delighted to welcome Richard to the Board of Directa Plus plc.  He brings a wealth of experience from a distinguished career in equity research, holding senior positions in prominent investment banks.  I am sure his skills and experience will complement the Board and we look forward to his contribution.  On behalf of my fellow directors, I would like to extend our thanks to Elizabeth.  We are grateful for her contribution during a period of significant development for the Company's business and we wish her well for the future."

Enquiries

Directa Plus plc
Giulio Cesareo, CEO Marco Ferrari, CFO	+39 02 36714458
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
Marc Milmo, David Foreman, Michael Reynolds (Corporate Finance) Mark Westcott, David Banks (Sales)	+44 20 7894 7000
Luther Pendragon (Financial PR)
Harry Chathli, Claire Norbury, Alexis Gore	+44 20 7618 9100

About Directa Plus

Directa Plus is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets worldwide. By incorporating Directa Plus' unique graphene blends, identified by the G+ brand, its customers can enhance the performance of their end products without significantly increasing their cost. Directa Plus graphene-based products are natural, chemical-free, sustainably produced and tailored to specific customer requirements for commercial applications such as smart textiles, tyres, composite materials and environmental solutions. 

Established in 2005, the Group has a patented technology process and a scalable and exportable manufacturing model. It produces graphene-based products at its own factory in Lomazzo, Italy, and can set up additional production at customer locations to reduce transport costs, waste and time-to-utilisation. Directa Plus partners with customers to enable them to offer the high-performance benefits of graphene in their own products.

This information is provided by RNS

The company news service from the London Stock Exchange

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