Result of Meeting

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL SECURITIES LAWS OR REGULATIONS.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY NEW ORDINARY SHARES, NOR SHALL IT (OR ANY PART OF IT), OR THE FACT OF ITS DISTRIBUTION, FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, OR ACT AS ANY INDUCEMENT TO ENTER INTO, ANY CONTRACT OR COMMITMENT WHATSOEVER WITH RESPECT TO THE PLACING AND OPEN OFFER. THIS ANNOUNCEMENT IS NOT A CIRCULAR AND INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY NEW ORDINARY SHARES REFERRED TO IN THIS ANNOUNCEMENT EXCEPT SOLELY ON THE BASIS OF INFORMATION IN THE CIRCULAR PUBLISHED ON 18 DECEMBER 2015.

Applied Graphene Materials plc

('Applied Graphene Materials' or 'the Company')

Results of Open Offer and General Meeting

and Total Voting Rights

Applied Graphene Materials, the producer of specialty graphene materials, announced on 18 December 2015 the Fundraising, subject to Shareholder approval, by way of a placing and open offer. The Gross Proceeds of the Placing and Open Offer will be approximately £8.5 million. 

Result of Open Offer

In addition to the Placing, the Fundraising included the Open Offer of up to 1,134,281 New Ordinary Shares at an issue price of 175 pence per New Ordinary Share, which closed for acceptances at 11.00 a.m. on 7 January 2016. The Company is pleased to announce that valid applications have been received from Qualifying Shareholders in respect of 229,764 Open Offer Shares, including applications for 116,734 Open Offer Shares in respect of Shareholders' Basic Entitlements and applications for 113,030 Open Offer Shares under the Excess Application Facility.

Qualifying Shareholders who have validly applied for Open Offer Shares will receive their Basic Entitlement, or such lesser number applied for, in full and 100 per cent. of any Ordinary Shares applied for under the Excess Application Facility.

Result of General Meeting

The Board is pleased to announce that at the General Meeting held earlier today, the Resolutions proposed were duly passed.

The Fundraising remains conditional upon Admission becoming effective on or before 8.00 a.m. on 11 January 2016 (or such later time and / or date, being no later than 8.00 a.m. on 7 February 2016, as the Company and N+1 Singer may agree). Application has been made for the 4,858,335 New Ordinary Shares to be admitted to trading on AIM with Admission expected to become effective at 8.00 a.m. on 11 January 2016.

Total Voting Rights

On Admission, the Company will have 21,872,551 Ordinary Shares in issue and no shares are held in treasury. Therefore the Company's total number of Ordinary Shares with voting rights will be 21,872,551.

The above figure of 21,872,551 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

All defined terms in this announcement shall have the meanings ascribed to them in the circular published by the Company on 18 December 2015.

For further information, please contact:

Applied Graphene Materials +44 (0) 1642 438 214

Jon Mabbitt, Chief Executive Officer

Oliver Lightowlers, Chief Financial Officer

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

Shaun Dobson / Richard Lindley / Nick Owen

Hudson Sandler +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

Applied Graphene Materials

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 £11 million, and is based at the Wilton Site on Teesside.

The Group has developed a proprietary bottom-up process which is 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 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.

Nplus1 Singer Advisory LLP ("N+1 Singer") is acting as Nominated Adviser and broker to the Company in relation to the Fundraising. N+1 Singer, which is a member of the London Stock Exchange and is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting for the Company and for no one else in relation to the Fundraising. N+1 Singer will not be responsible to any other person for providing the protections afforded to its clients nor for advising any other person in connection with the matters contained in this announcement.

This announcement has been issued by, and is the sole responsibility of, the Company. N+1 Singer has not authorised the contents of any part of this announcement and no representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by N+1 Singer, or by any of its respective affiliates or agents, as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to any interested party, and any liability therefore is expressly disclaimed.