Appointment of Administrators

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

27 April 2026

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

Appointment of Administrators

Board Change and Resignation of Nominated Adviser

Appointment of Administrators

Further to the notification of 13 March 2026, the Board of Directa Plus now notifies that it has today appointed James Ronald Alexander Lumb and Howard Smith of Interpath Ltd as joint administrators of the Company (the "Joint Administrators"). 

Following their appointment, the Joint Administrators will manage the affairs of the Company for the purposes of achieving a better result for the Company's creditors as a whole than would be likely if the Company were wound up (without first being in administration).

The Board further confirms the voluntary liquidation process relating to its Italian subsidiary Directa SpA ("Directa SpA") has now been certified by an Italian notary and is being registered today.

The Board has been continuing to progress the potential sale of Romanian environmental remediation subsidiary Setcar SA. Initial meetings have now taken place with interested parties and discussions are ongoing but at this time there can be no certainty that any transaction will conclude.

The outcome of the Italian liquidation and the potential disposal of Setcar will determine whether the Administration process will result in any returns to shareholders.

Board changes

Following the appointment of Joint Administrators, Wesley Clark has resigned as director of the Company with immediate effect.

Resignation of Nomad and Broker

As a result of the appointment of Joint Administrators, Singer Capital Markets has resigned as the Company's Nominated Adviser and Broker with immediate effect. Accordingly, the Company's ordinary shares remain suspended from trading on AIM, and pursuant to AIM Rule 1, if a replacement Nominated Adviser is not appointed within one month, then admission of the Company's ordinary shares on AIM will be cancelled. The Company has no current intention of appointing a replacement Nominated Adviser.

Further announcements will be made as appropriate.

This announcement has been approved by Giulio Cesareo, Chief Executive, on behalf of the Company.

For further information, please contact:

About Directa Plus

Directa Plus (www.directa-plus.com) is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets. The Company's graphene manufacturing capability uses proprietary patented technology based on a plasma super expansion process. Starting from natural graphite, each step of Directa Plus's production process - expansion, exfoliation and drying - creates graphene-based materials and hybrid graphene materials ready for a variety of uses and available in various forms such as powder, liquid and past.

This proprietary production process uses a physical process, rather than a chemical process, to process graphite into pristine graphene nanoplatelets, which enables Directa Plus to offer a sustainable, non-toxic product, without unwanted by-products. Directa Plus's products are made of hybrid graphene materials and graphene nano-platelets. The products (marketed as G+®) have multiple applications due to its properties. These G+® products can be categorised into various families, with different products being suitable for specific practical applications.

Directa Plus was established in 2005 and is based in Lomaz (Como, Italy) and has been listed on the AIM market of the London Stock Exchange since May 2016. The Company holds the Green Economy Mark from London Stock Exchange which recognises companies that contribute to the global green economy.