30 October 2019 Company Comment
Applied Graphene Materials (AGM LN)
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Mkt cap: £8.2m | CP: 16.5p Launch of AGM-enhanced Graphene primer in Halfords A positive announcement from AGM this morning confirms that Graphene primer is now on sale at Halfords, under Halfords’ own brand. AGM’s customer James Briggs Limited has also launched its Hycote graphene anti-corrosion primer for sale on Amazon and through Tetrosyl Express. This primer, developed in collaboration between JBL and AGM, is enhanced with AGM’s graphene. It is highly encouraging to see this opportunity come to fruition, providing further validation of the exceptional performance benefits, and importantly consistency and reliability of AGM’s graphene products. The key advantage of the new aerosol primer is its exceptional corrosion protection. As a zinc-free primer system, the paint also has positive environmental and performance features.
Graphene primer is now on sale at Halfords, the UK’s leading retailer of motoring, cycling and leisure products and services, with 465+ retail stores, under Halfords’ own brand. James Briggs Ltd (JBL) has also launched its Hycote graphene anti-corrosion primer, developed in collaboration with AGM, for sale on Amazon, the world’s largest e- commerce marketplace, and through Tetrosyl Express, the largest supplier of car care, parts and accessories in the UK. JBL formally launched the Hycote anti-corrosion aerosol primer at the Automechanika trade event earlier in 2019 following extensive testing of the product with AGM’s technical team.
James Tetley: Direct: +44 20 7496 3184 | Email: James.Tetley@n1singer.com
N+1 Singer Equity Research
Direct: +44 20 7496 3000
Head Office: One Bartholomew Lane London EC2N 2AX
About the National Graphene Association (NGA)
The National Graphene Association is the main organization and body in the U.S. advocating and promoting the commercialization of graphene. NGA is focused on addressing critical issues such as policy and standards development that will result in effective integration of graphene and graphene-based materials globally. NGA brings together current and future graphene stakeholders — entrepreneurs, companies, researchers, developers and suppliers, investors, venture capitalists, and government agencies — to drive innovation, and to promote and facilitate the commercialization of graphene products and technologies.