Applied Graphene Materials PLC Board Change (5562D)
February 01 2018 - 2:00AM
UK Regulatory
TIDMAGM
RNS Number : 5562D
Applied Graphene Materials PLC
01 February 2018
Applied Graphene Materials plc
("Applied Graphene Materials", "AGM", "the Group" or "the
Company")
Board Change
Applied Graphene Materials, the innovative supplier of graphene
based products, announces that Jon Mabbitt, Chief Executive Of cer,
has informed the Board of his intention to retire. Jon has
committed to continuing in his current role until a successor has
been appointed to ensure a smooth transition. After his retirement,
Jon will continue in a part time advisory role to support the
further development of the business.
Bryan Dobson, Chairman, said: "Jon has played a key role in the
development and growth of the business. The Company has a confident
outlook that is underpinned by the commercial momentum that
continues to build, with customer partnerships strengthening across
our targeted industry sectors. We thank Jon for his substantial
contribution and his continued support and we wish him all the very
best for the future on his retirement. The search for a new Chief
Executive will commence immediately."
Jon Mabbitt, Chief Executive Officer, said: "It has been a
privilege to be part of the significant progress that AGM has made
over the past few years. I am confident that with its strategy on
track, the Company, with its unique technology, established
relationships and market reach will capitalise on the significant
global opportunity for graphene. I look forward to continuing to
support the Company."
For further information, please contact:
+44 (0) 1642 438
Applied Graphene Materials 214
Jon Mabbitt, Chief Executive
Officer
Gareth Jones, Chief Financial
Officer
+44 (0) 207 496
N+1 Singer 3000
Richard Lindley / James White
+44 (0) 207 796
Hudson Sandler 4133
Charlie Jack / Emily Dillon
Notes to Editors
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 is based at
the Wilton Site on Teesside and was admitted to AIM in November
2013, initially raising GBP11 million.
The Group has developed proprietary bottom-up processes which
are capable of producing high purity graphene nanoplatelets using a
continuous process. The manufacturing processes are based on
sustainable, readily available raw materials and therefore do 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 these processes.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAWGURWGUPRGBG
(END) Dow Jones Newswires
February 01, 2018 02:00 ET (07:00 GMT)
Applied Graphene Materials (LSE:AGM)
Historical Stock Chart
From Apr 2024 to May 2024
Applied Graphene Materials (LSE:AGM)
Historical Stock Chart
From May 2023 to May 2024