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AGM Commences Trading on OTCQX Best Market in USA

29th Jul 2021 07:00

RNS Number : 8352G
Applied Graphene Materials PLC
29 July 2021
 

 

29 July 2021

 

Applied Graphene Materials plc

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

 

AGM Commences Trading on OTCQX Best Market in the United States

 

Applied Graphene Materials (LSE:AGM), the producer of specialty graphene nanoplatelet dispersions, is pleased to announce that trading in the Company's Ordinary Shares will begin today on the OTCQX Best Market, in the United States, under the ticker symbol "APGMF".

 

Trading on OTCQX Best Market is an important step for AGM. In addition to the Company's AIM listing, it provides the Company with exposure to a wider audience of potential investors by easing cross-border trading for US investors. Further information can be found at www.otcmarkets.com/learn/market-101. This listing is not a capital raise and AGM will continue to trade on the AIM Market of the London Stock Exchange under the ticker symbol "AGM".

 

Adrian Potts, Chief Executive of Applied Graphene Materials, said:

"I am delighted that AGM has satisfied the criteria to trade on the OTCQX Best Market, the highest tier of the OTC Markets Group. By trading on OTCQX Best, we look forward to providing greater access to our shares to institutional and retail investors in the USA, an important commercial region for AGM, where we continue to develop a growing number of opportunities with innovative local and global customers."

 

 

For further information, please contact:

 

Applied Graphene Materials +44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer

David Blain, Chief Financial Officer

 

Singer Capital Markets +44 (0) 207 496 3000

Peter Steel / Amanda Gray

 

Allenby Capital Limited +44 (0) 203 328 5656

Nick Athanas / Liz Kirchner (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 

Hudson Sandler +44 (0) 207 796 4133

Nick Lyon / Emily Dillon

 

 

Notes to Editors

 

 

Applied Graphene Materials - For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.

 

The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Its expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way. 

 

AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising £11 million. The Group successfully raised £8.5m in January 2016 and a further £9.8m in November 2017. Since August 2020, the Group's shares are also listed on OTCQB in the United States and, in January 2021, the Group successfully raised a further £6m gross. As a result of the funding support and its industry leading technology platform, AGM has been able to develop a significant sales distribution network covering Europe, North America and Asia. The Group continues to work closely with industrial partners, and has seen the successful launch of numerous commercial products enhanced by its Graphene Dispersions.

https://www.appliedgraphenematerials.com/

 

 

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