London Stock Exchange welcomes Graft Polymer Plc to the Main Market

The London Stock Exchange today welcomes Graft Polymer (UK) PLC, a business focused on the development of polymer modification, bio/food supplements and drug delivery systems, to the Main Market, trading under the ticker symbol “GPL”.

Graft Polymer is an early-stage company with a state-of-the-art polymer research and development, manufacturing, and operational facility based in Slovenia. The Company has successfully raised £5.0m as part of the IPO financing to fund the accelerated growth, expand the Group’s research and production facility in Slovenia to meet rising customer demand, upgrade existing facilities to enable future IP registration, and increase both inventory and marketing opportunities following expected increased sales.

The Company’s main niche is polymer modification, which is a key global challenge in the polymer industry, and the main instrument for creating modern composite materials. Graft Polymer has developed a unique suite of polymer modification technologies, which can improve existing products and processing methodologies by enhancing performance, simplifying manufacturing, reducing material consumption, widening the choice of feedstocks, and reducing costs.

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
16.71
Listing/Admission to trading
06 Jan 2022

Victor Bolduev, chief executive of Graft Polymer, has commented:

“We are delighted to be listing on the London Stock Exchange's Main Market today, a significant milestone in the Company's history. Graft Polymer owns a wide spectrum of patented polymer modification technologies in its portfolio and through the funds we have raised, we will be able to accelerate our plans of development of IP and innovative technologies.”

In 2020, the Group launched GraftBio, a division devoted to developing IP for med-tech product developments including a drug delivery system to support and provide solutions to the market that had been heavily impacted by the COVID-19 pandemic, accelerating growth in the infectious diseases segment of the industry. Graft Polymer’s proprietary set of polymer modification technologies also serves a number of other industries such as construction, packaging, consumer products, clothing, aerospace, and automotive, distinguishing the Company from is competitors.

The Board expects the Group to continue to develop new and innovative polymer technologies both in-house and in conjunction with key industry players and customers.

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