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Directa Plus warns of administration risk without fresh funding, shares drop 17.5%.

Market News
30 Mar 2026
Proactive Investors
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Bearish
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Directa Plus PLC's shares fell 17.5% after the company warned it could enter administration if it fails to secure new funding within weeks. The graphene products firm is in advanced talks with an unnamed investor for up to £2.5 million but cautions no deal is guaranteed. Previous funding talks with Nant Capital collapsed. With cash reserves dwindling to €1.5 million at the end of 2025, the company faces a critical cash runway only until early May. It is also considering selling non-strategic land and its Romanian subsidiary Setcar to raise funds. Shareholder approval is needed for the proposed funding facility, and the board is exploring broader options to sustain the business.

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