Directa Plus (DCTA)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

19.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 79.50
  • 52 Week Low: 16.00
  • Currency: UK Pounds
  • Shares Issued: 66.06m
  • Volume: 54,821
  • Market Cap: £12.55m
  • RiskGrade: 472

Directa Plus contract with OMV Petrom extended and increased

By Josh White

Date: Friday 22 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Graphene nanoplatelets technology company Directa Plus said on Friday that its contract with OMV Petrom had been extended and increased.
The AIM-traded firm said the contract, initially awarded in July 2019, was for the provision of decontamination and oil recovery services using its proprietary 'Grafysorber' technology.

It said the initial value of the contract was €0.15m, of which €75,000 was delivered and invoiced in 2020, and that has now been increased to up to €0.41m, with the balance expected to be fulfilled by June.

The contract relates to oil recovery from existing high-volume emulsions stored in the OMV Petrom tank farms in Romania.

Directa Plus said the project was paused in 2020 as a result of the pandemic, but resumed in November, and this month saw the treatment capacity increased to 2,000 cubic meters of emulsion per month.

The extension had been agreed on the basis of the positive results to date of the Grafysorber technology.

"This extension to our contract is a further demonstration of the potential of Directa's technology to capture decontamination and recovery business from the oil and gas industry worldwide," said founder and chief executive officer Giulio Cesareo.

"The OMV Petrom contract gives us an important reference project to help with the further roll-out of Setcar's services based on our patented Grafysorber graphene-based technology."

At 1152 GMT, shares in Directa Plus were up 1.14% at 89p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Directa Plus Market Data

Currency UK Pounds
Share Price 19.00p
Change Today -1.00p
% Change -5.00 %
52 Week High 79.50
52 Week Low 16.00
Volume 54,821
Shares Issued 66.06m
Market Cap £12.55m
RiskGrade 472

Directa Plus Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.8% below the market average16.8% below the market average16.8% below the market average16.8% below the market average16.8% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average
Price Trend
93.71% below the market average93.71% below the market average93.71% below the market average93.71% below the market average93.71% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Income Not Available
Growth
37.49% above the market average37.49% above the market average37.49% above the market average37.49% above the market average37.49% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Directa Plus Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 20,407 @ 19.00p
16:35 407 @ 19.00p
16:35 20,000 @ 19.00p
16:19 3,384 @ 19.21p
14:43 1,500 @ 19.21p

Directa Plus Key Personnel

CEO Giulio Giuseppe Cesareo
CFO Giorgio Bonfanti

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