TIDMAGM

RNS Number : 8071N

Applied Graphene Materials PLC

31 October 2016

31 October 2016

Applied Graphene Materials plc

("Applied Graphene Materials", "the Group" or "the Company")

Directorate Change Update

Applied Graphene Materials, the producer of specialty graphene materials, announces that further to the Company's announcement on 12 August 2016 regarding Oliver Lightowlers' (Chief Financial Officer) notice of his resignation from the Board, Oliver will at the end of today step down from the Board of the Company.

The Board's recruitment process to appoint a successor is well underway and an announcement will follow in due course.

Ends

For further information, please contact:

   Applied Graphene Materials                                                +44 (0) 1642 438 214

Jon Mabbitt, Chief Executive Officer

N+1 Singer +44 (0) 207 496 3000

Richard Lindley / Nick Owen / James White

   Hudson Sandler                                                                +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

Notes to Editors

Applied Graphene Materials

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 three core markets: coatings, composites and polymers, and functional fluids.

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

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October 31, 2016 03:00 ET (07:00 GMT)

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