Applied Graphene Materials plc

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Applied Graphene Materials Intention to Admit to AIM

18 November 2013

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES (“AIM RULES”)

COMPANY NAME:
Applied Graphene Materials plc (AIM: AGM) (the “Company” and, together with its subsidiary, Applied Graphene Materials UK Limited, the “Group”)

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES):
The Wilton Centre
Redcar
Cleveland
TS10 4RF

COUNTRY OF INCORPORATION:
England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
www.appliedgraphenematerials.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:
The Group has developed a scalable, proprietary bottom-up manufacturing process for the production of high purity graphene nanoplatelets. In addition, it has experience and expertise in handling and dispersing graphene into value-added intermediates for commercial partners.

The Group was founded by Professor Karl Coleman, with its operations and processes based on technology that he initially developed at the University of Durham.

The Group’s main country of operation is the UK.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES
(i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):
16,890,458 Ordinary Shares of 2 pence nominal value each at an issue price of 155 pence per share.

No shares are held in treasury.

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
New capital to be raised: £11.0 million
Market capitalisation on admission: £26.2 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
65.4%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:
None

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS
(underlining the first name by which each is known or including any other name by which each is known):
Dr. Bryan Crawford Dobson (Non-executive Chairman)
Jonathan (Jon) Peter Mabbitt (Chief Executive Officer)
Oliver James Lightowlers (Chief Financial Officer)
Professor Karl Stuart Coleman (Chief Technical Director)
Dr. Claudio Marinelli (Business Development Director)
Nicholas (Nick) Dominic Edgar (Non-executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION
(underlining the first name by which each is known or including any other name by which each is known):

Before admission:

Shareholder %
Professor Karl Stuart Coleman 24.1%
IP2IPO Limited 22.1%
North East Technology Fund LP 21.7%
North East Finance (Subco) Limited 15.7%
University of Durham 12.6%

After admission:

Shareholder %
IP2IPO Limited 20.4%
North East Technology Fund LP 14.5%
North East Finance (Subco) Limited 10.4%
Professor Karl Stuart Coleman 10.2%
University of Durham 7.3%

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
None

(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i) 31 July
(ii) 31 July 2013
(iii) 30 April 2014 (interim results for the six months ended 31 January 2014);
31 January 2015 (final results for the year ended 31 July 2014);
30 April 2015 (interim results for the six months ended 31 January 2015).

EXPECTED ADMISSION DATE:
20 November 2013

NAME AND ADDRESS OF NOMINATED ADVISER:
N+1 Singer Advisory LLP (“N+1 Singer”)
One Bartholomew Lane
London
EC2N 2AX

NAME AND ADDRESS OF BROKER:
N+1 Singer
One Bartholomew Lane
London
EC2N 2AX

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
N+1 Singer
One Bartholomew Lane
London
EC2N 2AX

Applied Graphene Materials plc
The Wilton Centre
Redcar
Cleveland
TS10 4RF

www.appliedgraphenematerials.com

The Admission Document will contain full details about the Group and the admission of its securities.

DATE OF NOTIFICATION:
18 November 2013
NEW/ UPDATE:
Update

 

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