Directa Plus PLC AGM Statement (7561C)
23 Junio 2021 - 1:00AM
UK Regulatory
TIDMDCTA
RNS Number : 7561C
Directa Plus PLC
23 June 2021
23 June 2021
Directa Plus plc
("Directa Plus" or the "Company")
AGM Statement
Directa Plus (AIM: DCTA), a leading producer and supplier of
graphene nanoplatelets based products for use in consumer and
industrial markets, provides an update on the current financial
year to 31 December 2021 ahead of its Annual General Meeting to be
held later today in Italy due to covid restrictions.
At the time of the announcement of the 2020 final results, the
Company reported a strong performance in the first four months of
2021 with revenues increased by almost 50 per cent year-on-year to
EUR2.8m. The Board is pleased to report that this strong revenue
growth is continuing in the last two months of the current first
half and that the Company is trading in line with market
expectations. In the environmental vertical, growth momentum is
continuing at the Group's subsidiary, Setcar, which is also
benefitting from customer demand driven by the higher prices for
oil reclaimed from its remediation services. In the emerging
batteries vertical, the Board continues to be pleased with the
progress being made with our partner NexTech in Li-S batteries.
Overall, the global market for graphene is estimated by
different market research to be growing at a compound annual growth
rate above 30 per cent, with a particular focus on high quality,
sustainably produced graphene such as that produced by Directa
Plus.
The Company continues to develop both its production technology
and suitable applications for its products. This is reflected in
the growing IP portfolio which now comprises 55 granted patents
alongside an ever-deeper base of know-how covering the core
production technology as well as the products launched or being
developed by customers.
Directa Plus continues to explore new vertical markets and is in
negotiations with additional potential partners.
For further information please visit
http://www.directa-plus.com/ or contact:
Directa Plus plc +39 02 36714458
Giulio Cesareo, CEO
Giorgio Bonfanti, CFO
Cenkos Securities plc (Nominated Adviser
and Joint Broker) +44 131 220 6939
Neil McDonald
Pete Lynch
N+1 Singer (Joint Broker) +44 20 7496 3069
Rick Thompson
Phil Davies
Tavistock (Financial PR and IR) +44 20 7920 3150
Simon Hudson
Heather Armstrong
About Directa Plus
Our focus is principally on the two sectors in which we have
strong commercial advantage through developed and launched products
and a technological lead: environmental (based on our
Grafysorber(R) product), textiles (based on our G+(R) products)
and, more recently, lithium-sulphur batteries. In addition, we will
continue to pursue opportunities in elastomers and composites
(including tyres and asphalt), also using our G+(R) products. All
our products are hypoallergenic, non-toxic and sustainably
produced.
-ends-
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END
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