TIDMGPL

RNS Number : 9916Y

Graft Polymer (UK) PLC

08 January 2024

8 January 2024

PDMR Share Dealing

Graft Polymer (UK) Plc ("Company") announces that on 4 January 2024, ordinary shares of GBP0.001 each in the Company ("Ordinary Shares") were disposed of by a person discharging managerial responsibility ("PDMR") in the Company as listed below.

 
 Name              Role                  Nature of           Number of Ordinary Shares 
                                          transaction 
                   Chief Executive       Transfer of 
 Victor Bolduev     Officer, Director     Ordinary Shares    10,750,000 
                  --------------------  ------------------  -------------------------- 
 

It is further announced that on 4 January 2024, Ordinary Shares were subscribed for (subject to various conditions being met, including approval by the FCA, and publication, of a prospectus ("Conditions")) ("Subscription") by certain PDMRs and persons closely associated with PDMRs as listed below.

 
 Name                Role                  Nature of        Number of Ordinary Shares 
                                            transaction 
                                           Conditional 
                                            subscription 
                     Chief Executive        for Ordinary 
 Victor Bolduev       Officer, Director     Shares          22,529,166 (1) 
                    --------------------  ---------------  -------------------------- 
                                           Conditional 
                                            subscription 
                                            for Ordinary 
 Roby Zomer          Chairman, Director     Shares          11,111,000 
                    --------------------  ---------------  -------------------------- 
                                           Conditional 
                                            subscription 
                     Chief Financial        for Ordinary 
 Yifat Steuer         Officer, Director     Shares          11,711,167 
                    --------------------  ---------------  -------------------------- 
                                           Conditional 
                                            subscription 
                     Chief Marketing        for Ordinary 
 Pavel Kobzev         Officer, Director     Shares          8,694,000 (2) 
                    --------------------  ---------------  -------------------------- 
                                           Conditional 
                                            subscription 
                                            for Ordinary 
 Alexander Brooks    Director               Shares          2,810,667 
                    --------------------  ---------------  -------------------------- 
                                           Conditional 
                                            subscription 
                                            for Ordinary 
 Anthony Eastman     Company Secretary      Shares          2,810,667 (3) 
                    --------------------  ---------------  -------------------------- 
 

(1) Of which 11,760,333 Ordinary Shares were subscribed for by Polymer Innovations Inc., a company controlled by Victor Bolduev.

(2) Of which 5,675,167 Ordinary Shares were subscribed for by MSW Ltd, a company controlled by Pavel Kobzev.

(3) These Ordinary Shares were subscribed for by Tournesol Consulting Ltd, a company controlled by Anthony Eastman.

A further announcement is expected to be made upon the Conditions having been met.

About Graft Polymer

Graft Polymer is a London Stock Exchange listed company (GPL.L) with a cutting-edge, research and development (R&D) and manufacturing facility based in Slovenia which has already introduced more than 50 products to the market. The core business of the Group comprises polymer modification and drug delivery system developments. The Group has developed a proprietary set of polymer modification technologies which uses recycled raw materials and a closed loop system to reduce waste. Graft Polymer's technology can improve existing products and processing methodologies by enhancing performance, simplifying manufacturing, reducing material consumption, widening the choice of feedstocks, and reducing costs.

Graft Polymer has three divisions: polymer modification; IP for Bio/Pharma applications including a drug delivery system (Graft Bio) and the Group's food supplement division. A significant milestone was reached in May 2022 when the Slovenian manufacturing facility was granted a Hazard Analysis and Critical Control Point (HACCP) Certificate. The HACCP Certificate allows it to enter the lucrative Business-to-Consumer market and commercialise its IP for bio/pharma applications, developing active pharmaceutical ingredients and drug delivery platforms for use in the food supplement market, thereby introducing a further revenue stream to its business.

Environment, Social and Governance is at the forefront of the Group's strategy and the facility in Slovenia has been granted ISO 14001 accreditation in recognition of the environmental management systems in place to reduce waste. Graft Polymer only uses REACH and ROHS certificated raw materials instead of toxic raw materials, and its extensive R&D programme has also developed specialised recycling polymer additives which increases the strength of recycled blends and plastic products whilst also reducing plastic waste by between 40 and 50 per cent.

For further information, visit www.graftpolymer.com , follow on Twitter @PolymerLtd or contact:

Graft Polymer (UK) Plc

   Roby Zomer, Non-Executive Chairman                                        info@graftpolymer.com 

Yifat Steuer, CFO and Executive Director

Notification of dealings in shares by PDMRs of the Company:

 
1.   Details of PDMR / PDMR Associate 
===  ==================================================================== 
(a)  Name                       Victor Bolduev 
===  =======================  =========================================== 
(b)  Position / status          Chief Executive Officer, Director 
===  =======================  =========================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  =========================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ==================================================================== 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  =========================================== 
(e)  Nature of the              Disposal of Ordinary Shares 
      transaction 
===  =======================  =========================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 10,750,000 
===  =======================  =========================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  =========================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  =========================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  =========================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ========================================================================== 
(a)  Name                       Victor Bolduev 
===  =======================  ================================================= 
(b)  Position / status          Chief Executive Officer, Director 
===  =======================  ================================================= 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ================================================= 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ========================================================================== 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ================================================= 
(e)  Nature of the              Subscription of Ordinary Shares (subject to the 
      transaction                Conditions, as defined above, being met) 
===  =======================  ================================================= 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 10,768,833 
===  =======================  ================================================= 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ================================================= 
(h)  Date of the transaction    4 January 2024 
===  =======================  ================================================= 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ================================================= 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Polymer Innovations Inc. 
===  =======================  ============================================== 
(b)  Position / status          Company controlled by Victor Bolduev 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 11,760,333 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Roby Zomer 
===  =======================  ============================================== 
(b)  Position / status          Chairman, Director 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 11,111,000 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Yifat Steuer 
===  =======================  ============================================== 
(b)  Position / status          Chief Financial Officer, Director 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 11,711,167 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Pavel Kobzev 
===  =======================  ============================================== 
(b)  Position / status          Chief Marketing Officer, Director 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 3,018,833 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       MSW Ltd 
===  =======================  ============================================== 
(b)  Position / status          Company controlled by Pavel Kobzev 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 5,675,167 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Alexander Brooks 
===  =======================  ============================================== 
(b)  Position / status          Director 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 2,810,667 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ======================================================================= 
(a)  Name                       Tournesol Consulting Ltd 
===  =======================  ============================================== 
(b)  Position / status          Company controlled by Anthony Eastman 
===  =======================  ============================================== 
(c)  Initial notification       Initial notification 
      / 
      amendment 
===  =======================  ============================================== 
2.     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
===  ======================================================================= 
(d)  Description of             Ordinary Shares in Graft Polymer (UK) Plc 
      the financial 
      instrument 
===  =======================  ============================================== 
(e)  Nature of the              Conditional subscription for Ordinary Shares 
      transaction 
===  =======================  ============================================== 
(f)  Price(s) and               Price per Ordinary Share: 0.6 pence 
      volume(s)                  Volume: 2,810,667 
===  =======================  ============================================== 
(g)  Aggregated information     n/a 
      Aggregated volume 
      Price 
===  =======================  ============================================== 
(h)  Date of the transaction    4 January 2024 
===  =======================  ============================================== 
(i)  Place of the               London, United Kingdom 
      transaction 
===  =======================  ============================================== 
 

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