Source - Alliance News

Directa Plus PLC - London-based graphene nanoplatelets supplier - Signs extension to commercial supply agreement with Alfredo Grassi Spa to include Graphene Plus Thermal Planar Circuit for the workwear market in Italy and France.

Supply agreement will grant Grassi use of Directa’s print textile technology for the workwear market in both countries for two years. Agreement is expected to give a significant boost to company’s workwear income in 2022.

In addition, Directa Plus the grant of the US patent titled, ‘Golf ball comprising graphene’.

‘Grassi has been an important partner of ours for a number of years, and it is clear that both sides see the benefits of continuing to build on our close commercial relationship with each other. The workwear sector continues to be of strategic importance to Directa, and the Supply Agreement with Grassi is another important step forward in building market share and increasing revenues from this segment,’ said Chief Executive Giulio Cesareo.

Current stock price: 100.00 pence, up 4.2% on Thursday

12-month change: down 6.5%

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